Palmyra is a blockchain-powered platform developed by zenGate Global, aiming to revolutionize global commodity trading. By tokenizing real-world assets (RWAs) such as spices, tea, oil, and minerals, Palmyra brings transparency, efficiency, and ethical sourcing to industries traditionally lacking access to modern capital markets.
The $PALM Token
$PALM is the native utility token of the Palm Economy, operating on both the Cardano and Binance Smart Chain (BSC) networks. With a total supply of 50 billion tokens, $PALM facilitates transactions within the Palmyra ecosystem, including staking, liquidity provision, and access to platform services.
Key Features of Palmyra
- B2B Marketplace: Palmyra.app serves as a platform for listing, buying, and trading traceable real-world commodities.
- Enterprise Solutions: Palmyra Pro offers advanced compliance, supply chain management, and traceability tools for institutional users.
- Ethical Sourcing: Palmyra Endeavor focuses on tokenization and ethical material production in sectors like lithium mining and solar power.
- Accessible Trading: Palmyra Express provides a lightweight B2C solution for small producers and businesses to engage in global trade with minimal barriers.
Why Palmyra Matters
Palmyra addresses critical challenges in global commodity markets by:
- Enhancing Transparency: Utilizing blockchain to provide verifiable data on product origin and production methods.
- Promoting Ethical Practices: Ensuring materials are sourced responsibly, benefiting producers and consumers alike.
- Facilitating Financial Inclusion: Offering small and medium-sized enterprises access to global markets and capital.
Learn More
For a comprehensive overview of Palmyra and the $PALM token, visit NBX's information page: What is Palmyra?
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
