NFT meets real life palm production.
The First low supply NFT project backed with real life oil palm production.Learn more
About Palm T.
PalmT is a low supply NFT project backed with real life oil palm production. The first batch will only be 300 NFTs. One NFT symbolises one palm tree planted on the NFT holder's behalf (plantation of the palm trees already started).
A site has been found, negotiation for a lease agreement is already sealed and plantation is already taking place.
Giveaway and marketing 10% of the total supply will be given away before minting starts. First, all COMMANDERS in our JustRug community will be able to receive 1 PalmT NFT each. There will also be VIP invitations to top tron accounts. These top tronics will be invited to provide us with there wallet addresses and if they accept the invite, one PalmT each will be airdropped to them.
In 6 months time, there will be $OIL token issued for the project. later in the future holders can stake there PalmT to farm $OIL.
Ultimately in less than 2 years time, the first batch of palm-trees would have started producing palmfruits which would be harvested and used to produce palm oil on the holder's behalf.
The funds realised from the palm plantation will be used to buy off $Oil from the market and added to the farming pool to increase the APY.