Setting Up Your Wallet
2min
If you're new to the world of blockchain and decentralized systems, don't worry; we're here to help you get started.
In the realm blockchain and cryptocurrencies, a wallet is your digital gateway to decentralized networks. It's like your personal bank account but fully under your control. You can use it to send, receive, and store digital assets, including the native Palm token ($PALM) and other unique tokens like Proofs or other NFTs.
A wallet is essential for participating in the Palm Collective ecosystem. It ensures that you have full control over your digital assets and can actively engage in community governance. With a wallet, you can:
- Receive rewards and tokens for your contributions.
- Vote in community decisions and influence the direction of projects.
- Access your reputation within the system, which reflects your active participation.
Updated 07 Mar 2024
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