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Palm enters the NFT Space with funding from top Crypto Investors

Today, there’s another NF T ecosystem that has been announced. Palm is a token based ecosystem for NF T’s which is connected to Eth they promise low gas fees and fast transactions and 99% more efficiency than other proof of work systems. This is an interesting take. As more organizations start to highlight the environmental challenges associated with cryptocurrency tokens and NF T’s POM is actively developing resources around these projects, including a myriad of disciplines and partners, including uniswap protocol labs Metamask, and more.

A number of large investors, known for leading in the crypto currency and blockchain space, introduce Palm as an innovative lab setup to collaborate with marketplaces and artists, allowing rights holders to bring their projects and platforms to the palm ecosystem. This joint venture is allowing organizations and accomplished teams who have been successful in fine art and filmmaking, to combine with these digital technology experts to revolutionize how NF T’s are made. The first big artist that will drop is Damien Hirst‘s the currency project which is 10,000 works on paper that are going to be tied to corresponding NF T’s.

According to Hirst. He has been working for three plus years trying to plan how or when he will watch this NFT project, but he was looking for a great place to launch this project and cited pome as the best resource.

As with the other NFC marketplaces, we plan to watch this announcement closely, and as we learn more about them, we will definitely keep our readers, up to date, but we look forward to learning more about this, as it becomes available.

 

About ConsenSys

ConsenSys is the leading Ethereum software company. We enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of InfuraQuorumTruffleCodefiMetaMask, and Diligence, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets. Ethereum is the largest programmable blockchain in the world, leading in business adoption, developer community, and DeFi activity. On this trusted, open source foundation, we are building the digital economy of tomorrow.

About HENI Group

HENI is an international arts services business across publishing, print-making, photography, digital publishing, film and art research, whose mission is to make art more accessible. HENI, founded by Joe Hage, is at the leading edge of printmaking and innovation. HENI works with many international museums (for example, The National Gallery London, TATE, Serpentine and Beyeler) and many great artists or their estates (for example, Gerhard Richter, Francis Bacon, Alberto Giacometti, Lucian Freud, Zaha Hadid and Damien Hirst). In addition to advising and managing many important contemporary artists, HENI also advises many significant collectors and foundations, using data science and unique AI tools to analyse and understand art and the art market.

About Heyday Films

Heyday Films is founded by David Heyman, the producer of the Academy Award winning film, Gravity, directed by Alfonso Cuaron, as well as the film adaptations of Michael Bond’s Paddington, and J.K Rowling’s Harry Potter books. Most recently, Heyday produced Once Upon a Time in…Hollywood, directed by Quentin Tarantino, and Marriage Story, directed by Noah Baumbach. Heyday Films is currently in post-production on the third of J.K. Rowling’s Fantastic Beasts films, having produced the first two films in the series.

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