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Palm NFT Studio

Palm NFT Studio

A new NFT ecosystem for Culture & Creativity, built efficiently with Ethereum.

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 transition to an Ethereum Layer 2.

Palm NFT Studio is a collective of technology, entertainment, cryptoart and art industry leaders. The studio provides bespoke creative services for artists and rights holders looking to establish NFT marketplaces and next-generation work 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.

Timeline

December 9, 2021
Palm NFT Studio raises a $27,000,000 series B round from Griffin Gaming Partners, M12, RRE Ventures, SK, Sfermion, The Lao and Third Kind Venture Capital.

Funding rounds

Patents

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