The Palm NFT Studio network is an Ethereum side chain dedicated to selling, purchasing, and trading NFTs that are associated with real-world and digital assets.
Palm uses IBFT 2.0 proof of authority (PoA) consensus, with network validators being run by key stakeholders. IBFT 2.0 is over 99% more energy efficient than proof of work (PoW) networks.
The purpose is to make NFTs easier and more efficient to use with an Ethereum sidechain, and there is a roadmap to transition to an Ethereum Layer 2.
The following instructions assume that you already created an Infura account and Web3 project.
Read our blog for more information on sidechains.
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