Palmare Strategic Partnership with Propel

Published on: 16.06.2022
Palmare Strategic Partnership with Propel

Palmare is very excited to announce partnership with Propel, the first-ever multi-chain blockchain Infrastructure solution provider.

Propel recognized the necessity for a versatile toolset in the industry and hence became the first-ever MaaS (Metaverse as a Service), DaaS (DeFi as a Service), and SaaS (Staking as a Service) infrastructure provider.

They deliver a one-stop tech stack for developers and companies; Propel is blockchain agnostic currently; it supports Polkadot, Ethereum, Binance Smart Chain (BSC), Polygon, and xDAI.

Overview of Palmare

The introduction of the Move to Earn app has redefined the fitness industry. Based on this success,they decided to make the Palmare app based on researching and optimizing the Earning system and bringing a new experience to the sports community. Palmare is a Community-driven Web3 Sports App with an inbuilt SocialFi and SportFi element.

In Palmare, each user profile is a token itself. Users create a profile on the app, for which they will mint an ID’d profile NFT. This NFT controls the profile, and thus, its owner becomes the controller of the given profile.

Their app will provide social graph and earning features for Crypto fans and Non-crypto Users. They focus on three types of Earning:

  • Train to Earn each sport you participate in can help you earn by burning calories (for riding a bike or any of your favorite sports)
  • Engage to Earn users contribute content to the sports community and earn back from social engagement (include like, share, follow…)
  • Check in to Earn While users are riding, they can check in lots of places they came by, and for each period of time, they have quests for users to check in as much as they can to earn tokens.

About Propel

Propel is an unparalleled Blockchain Infrastructure Provider. Their Infrastructure include MaaS (Metaverse as a Service) & DaaS (DeFi as a Service) along with SaaS (Staking as a Service) ecosystem.

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About Palmare

Palmare is a community-driven Web3 Sports App with an inbuilt SocialFi and SportFi element. In Palmare, each user profile is a token itself. Users create a profile on the app, for which they will mint an ID’d profile NFT. This NFT controls the profile, and thus, its owner becomes the controller of the given profile.

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SOURCE

https://medium.com/@PalmareOfficial/palmare-strategic-partnership-with-propel-c30eb6b22339

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