What do you want to see in a Shared Economy?

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Hey everyone :waving_hand: I’m Alex, the community manager over at ZenGate Global.

I’d love to get your thoughts on something important to us at Palmyra and the PALM Economy: shared economies what do you value most about them?

For those who don’t know me yet, I manage the PALM Economy X account, Discord server, and create a lot of content around the Palmyra ecosystem.

Palmyra is an ecosystem focused on commodities, providing tools for trade, data management, and even tokenizing real-world assets through Security Token Offerings. It’s a full suite of solutions built with a clear goal: empower local producers and connect them to global markets using both web2 and web3 tools.

What makes the PALM Economy different is its community-first approach. We have a treasury dedicated to helping businesses get onboarded, grow, and thrive, with the community helping to shape how those funds are used.

I want people to feel like they’re a part of this movement not just watching from the sidelines, but shaping the story with us.

So I’d love to hear from you:

  • What draws you to the idea of a shared economy?
  • What kind of content or opportunities would help you feel truly involved?
  • How can we better connect with people inside and outside the Cardano ecosystem?
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Like others in the Cardano ecosystem I’ve been following Palmyra’s development with interest but have yet to see any discussions of how the system would work in varying degrees of the conventional economy’s collapse… especially to the degree where people would stop talking about the fiat exchange values of cryptocurrencies and look more at any perceived intrinsic value of the “unstable” coins themselves.

Has there ever been a plan for how fractionalisation & the related parts of your economic model would & could still work under these circumstances… which would likely include massive conventional asset foreclosures — likely favouring privileged creditors like the Federal Reserve — by the third parties empowered to hold people’s assets?

I ask because the time duration people would expect to hold fractionalised assets could be significantly longer than the actual time until the next grave recession or outright depression.

If your growing “economy” could provide any improved options under these dire circumstances — even if only increased resilience — such a statement would provide some unique & compelling answers to all three of your discussion questions.

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Hey COSDPool, Thanks for the thoughtful question. It’s something we’ve considered, though we approach it differently.

At its core, Palmyra doesn’t rely on fiat stability to prove its value. Our system tokenizes real-world assets (RWAs) with verified provenance, meaning each asset has traceable, on-chain proof of origin, ownership, and compliance. This structure significantly reduces the risk of seizure or loss even in chaotic scenarios because users control the assets themselves, not a third-party custodian vulnerable to foreclosure. ( Depending on the compliance laws of the STO, of course)

And while right now the system isn’t optimized for long-term holding strategies during economic collapse, this changes with Palmyra Endeavor our upcoming STO Platform. Endeavor will allow users to hold RWA tokens and put them to work, for example, through yield farming, staking, or liquidity provision. That means you’re not just holding a claim to real-world goods you’re generating value while doing it.

As for why we don’t talk much about “collapse scenarios”: honestly, we believe it’s mostly theoretical at this point. Our goal is to build real tools for real people, especially Web2 users, who care more about access, compliance, and liquidity than extreme collapse hedging. Even many in Web3 aren’t focused on this; they want utility, not just contingency plans.

That said, if and when the system does get stress-tested, we’re confident that tokenized, decentralized ownership of real assets + crypto-native payment rails will offer more resilience than conventional systems can.

Insurance and risk management are all part of the conversation too, we, however, are working on scaling the engine before adding complexities like Piece of Mind. It is all in the works.

Does this answer your question? Would you like us to talk more publically about this type of stuff online. I really do appreciate you asking this question.

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