Palmyra ComDEX

Palmyra ComDEX, the flagship product of zenGate, is an innovative ecosystem that enables the tokenization and listing of certified commodities for spot and futures trading on a global scale.

Back to DEX Palmyra Website

Platform Overview

This groundbreaking platform is designed to cater to businesses across the globe, with a special emphasis on emerging and underserved markets. The platform brings together all stakeholders across the value chain, offering a cost-effective, transparent, and user-friendly enterprise-grade solution.

  • Global Reach: Designed for businesses across the globe with focus on emerging markets
  • Enterprise-Grade: Cost-effective, transparent, and user-friendly solution
  • Pilot Phase: Currently being piloted in two jurisdictions in the Asian market
  • Market Size: Target market exceeding 1 trillion US Dollars by export value

Physically Settled Tokenized Commodity Marketplace

Powered by blockchain technology, Palmyra ComDEX ensures secure and efficient transactions for certified commodities trading.

Focus Market

Initial focus on a 423 billion US dollar market that includes agricultural commodities and precious metals or gemstones.

Detailed Features & Business ModelClick to expand

Key Features

Target Market

The platform is designed to cater to markets with a collective size exceeding 1 trillion US Dollars by export value.

Value Addition

Palmyra ComDEX aims to enhance existing commodity markets by building infrastructure that ensures access and connectivity between stakeholders across global supply chains.

Innovative Functionalities

  • Supply chain traceability features
  • Support for verified credentials and certifications
  • Tools for improved business planning and growth

Revenue Streams

  • Small commission from each transaction on Palmyra ComDEX from both the buy and sell side
  • Membership fees from users

Expansion Plans

Once the product and business model are validated, the primary focus will be to expand the user base.

Communication

Open communication with the community is highly valued by the Palmyra team. They are available through:

  • Personal emails
  • Official website
  • Discord channel

Resources

PalmyraComDex Litepaper Overview

In a Nutshell

Palmyra ComDEX represents a revolutionary approach to commodity trading, leveraging blockchain technology to create a physically settled tokenized marketplace. With its focus on emerging markets and comprehensive supply chain solutions, Palmyra is positioned to transform how commodities are traded globally.