Palmare Partners with CrytoBank Africa
Palmare partners with CrytoBank Africa a digital payment platform in Africa that allows merchants to accept crypto as a payment option.
CryptoBank will be available worldwide, in most African countries except those with specific restrictions on cryptocurrencies.
CryptoBank payment platform is free to download and use, The following Networks; Binance Smart Chain, Harmony network, and Nuls blockchain, however, have minimal fees associated with payments in order to support security and speed of transactions. Its system will always clearly display any fees charged so there are no misunderstandings or hidden costs.
CryptoBank protects your assets and data using IPFS (Interplanetary file system) and verification techniques to ensure they’re securely stored.
Palmare empowers the sports community to own the links between themselves and their communities, forming a fully composable, user-owned social graph.
The built-in protocol ensures immutable content owned by users and social relationships. The problem of Web2 social is all read from their unique, centralized database. There is no portability. Your profile, followers, and content are locked to a specific network and owned by the network operator.
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.
Palmare is focusing 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.
CRYPTO BANK AND PALMARE COLLABORATION INTENSION
- Payment solution
- Airdrop/Giveaway
- AMA crossing
- Cross-marketing support
ABOUT PALMARE
Palmare is a Community-driven Web3 Sports App with an inbuilt SocialFi and SportFi element.
ABOUT CRYPTO BANK
CryptoBank Africa is a digital payment platform in Africa that allows merchants to accept crypto as a payment option while receiving their local fiat currency in return.
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