Palm is a new NFT ecosystem for culture and creativity, built efficiently with Ethereum. The Palm ecosystem features low gas costs, fast transaction finality, and is over 99.9% more energy efficient than Proof of Work systems.
Palm is designed from the ground up to be as flexible as artists are creative. Today, we are making NFTs easier and more efficient to use with an Ethereum sidechain, and have a roadmap to decentralize over time.
Palm NFT Studio is a collective of entertainment, technology, cryptoart and art industry leaders set up to on-ramp artists, creators and rights owners who want to establish NFT marketplaces and next-generation creative works on Palm.
Palm NFT Studio was brought together by ConsenSys founder and Ethereum co-founder Joseph Lubin; film producer and owner of Heyday Films, David Heyman; and founder of world class art house HENI Group, Joe Hage. The new venture is being led by co-founder and CEO Dan Heyman, former General Manager of protocols at ConsenSys. Initial projects launching on Palm include Damien Hirst’s The Currency with Heni and Candy Digital’s digital collectible program with Major League Baseball.
Working together with creators and rights holders, Palm NFT Studio is developing the Palm ecosystem on Ethereum to be both scalable and sustainable.