When you create a DC NFT account, we set up a blockchain wallet for you known as a "custodial wallet".
Think of it as a digital account used to store your DC NFTs and tokens on the blockchain.
A blockchain is a type of distributed ledger technology. It is described as an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
In simple terms, transactions are organized into a series of blocks that are linked together and cannot be changed, which is the blockchain.
A new block is created once verified. It means that a new pool of encrypted transactions have been added to the blockchain. Palm is a type of blockchain known as a sidechain. This is because it can connect to and interact with the Ethereum blockchain.
DC's NFTs are minted on the Palm blockchain. The Palm blockchain is a new token-powered ecosystem for NFTs, which is connected to Ethereum, and features low gas costs, fast transaction finality, and 99.9% more energy efficiency than proof of work systems such as Bitcoin and Ethereum.
Since it's a custodial wallet, we create and manage it for you, allowing you to access it after logging into your DC NFT Account.
Follow this link to sign into your DC NFT Account.
If you are having issues creating an account or do not know your password, please contact Palm Customer Support for further assistance.