New York, NY, May 17, 2024 – Palmy, the ambitious digital brand on the Solana blockchain, is making significant strides as it navigates the current market conditions. With its unique vision of creating a Palmy ecosystem integrating an NFT collection and a native token, Palmy is poised to redefine digital identity and blockchain engagement. The team is hard at work on several fronts, including a potential listing on MintMe and finalizing content creation. While the market remains sideways, Palmy is strategically positioning itself for a future push when conditions are favorable.
Currently, Palmy is in active discussions with Magic Eden, one of the leading NFT launchpads, for the launch of its NFT collection. The Palmy team has submitted their collection to the Magic Eden LaunchPad Team and is awaiting a response. Given the high volume of projects aiming to launch on Magic Eden, Palmy anticipates some delays but remains confident in securing a slot for their unique NFTs.
Palmy aims to be the first digital brand on Solana, creating a comprehensive ecosystem where NFTs play a crucial role. The upcoming Palmy NFT collection, designed by the enigmatic artist known as “LP” (possibly “Lost Palm”), will feature 10,000 unique palm tree-themed NFTs. These NFTs are not just digital art pieces but are crafted to be profile-picture-ready, offering users a chance to add a tropical twist to their online personas. The collection celebrates diversity and cultural richness, embodying various styles that pay homage to palm trees in a whimsical and engaging manner.
In parallel with the NFT launch, Palmy is planning a brand and retail launch in the future. The team has engaged with intellectual property lawyers to quote for brand registration, which will be a significant milestone in advancing their retail and merchandise plans. This brand registration will be housed within a BVI (British Virgin Islands) company, a structure that the team is currently establishing. This BVI company will oversee brand and retail operations, ensuring value is returned to token holders through both capital appreciation of the token and profit distributions.
Palmy’s journey began with a successful launch on April 3, 2024, followed by listings on key platforms. On April 4, 2024, Palmy was listed on MoonTok, the top crypto index site for Chinese communities. This was swiftly followed by a listing on CoinMarketCap on April 12, 2024, marking significant progress in its roadmap.
The Palmy token operates on the Solana blockchain, with a total supply of 1 billion tokens. The token contract has been renounced, ensuring decentralized governance and stability for the community. Additionally, the liquidity pool (LP) tax is set at 0/0, making transactions more accessible and straightforward for users.
To foster community engagement, Palmy has launched several initiatives. The team recently held a “biggest buy competition” within their Telegram group, offering the winner a personalized Palmy profile picture created by their designers. This competition aimed to boost community involvement and reward loyal members for their support.
The Palmy community is encouraged to stay connected through their official Twitter and Telegram channels. Regular updates and announcements are shared to keep members informed about the latest developments and upcoming events.
Despite the current market conditions, Palmy remains steadfast in its vision and commitment to innovation. The team is diligently working behind the scenes, ensuring that each step taken is strategic and beneficial for the project’s long-term success. The market may be challenging, but Palmy is preparing for the right moment to advance further and make a significant impact in the digital brand and blockchain space.
Palmy extends its gratitude to all its supporters and community members for their patience and loyalty. As the team continues to build and grow, they invite everyone to stay tuned for more exciting updates and to join them on this transformative journey.
About Palmy
Palmy is an innovative digital brand on the Solana blockchain, dedicated to creating a unique ecosystem that integrates NFTs and a native token. With a focus on diversity, culture, and digital identity, Palmy aims to revolutionize the way users interact with blockchain technology. The team is committed to building a vibrant community and delivering value through strategic initiatives and creative solutions. Join Palmy and step into a world where the conventional is left behind, and the future of digital engagement is redefined.
For more information, please contact:
Email: info@palmy.gg
Website: https://palmy.gg/
Stay connected:
Twitter: @Palmy_sol
Telegram: PalmyPortal
Token Address: AdkfUZw9qqRwjDZSVr2imbNo8vhY8BDkkBa8YUDT5Djp
