# Updates from Palmyra & Look Into the ISPO, IDO & Palm Economy

**URL:** <https://forum.cardano.org/t/updates-from-palmyra-look-into-the-ispo-ido-palm-economy/130441>\
**Category:** General Discussions\
**Created:** [13 April 2024 22:40 UTC](https://forum.cardano.org/t/updates-from-palmyra-look-into-the-ispo-ido-palm-economy/130441 "2024-04-13T22:40:25Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![astroboysoup](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/astroboysoup/32/83423_2.png) [@astroboysoup](https://forum.cardano.org/u/astroboysoup)\
**Post date:** [13 April 2024 22:40 UTC](https://forum.cardano.org/t/updates-from-palmyra-look-into-the-ispo-ido-palm-economy/130441/1 "2024-04-13T22:40:25Z")

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I had a great chat with Daniel Friedman, CEO and Founder of ZenGate Global, about the Real World Asset platform, Palmyra and its growth over the past few months.

[![](https://us1.discourse-cdn.com/flex023/uploads/cardano/original/3X/b/b/bbfbfd266d6d6d066f90c22da5efea4337747c28.jpeg "Real World Assets: Updates from Palmyra - IDO, ISPO, Token Utility & Economics") ](https://www.youtube.com/watch?v=K3G41mpT2fU)

We dig deeper into the Palmyra ISPO and their upcoming IDO sales with VLaunch and TMinusOne Launchpad across the Ergo and Cardano ecosystems.

We also talk about the token utility and get further insights into 3 ways the platform generates revenue with a business development treasury, network oracles and microfinancing through the platform.

Who would have thought tea would onboard users to web3!