SO, the palm seed soaked in water (fermented) for just over a week so that the pulp (fruit) surrounding the seed was easily taken off. The water was changed frequently which was a good thing, because the water started to smell quite horrible.
The seed was put into a plastic bag with some sphagnum moss and kept in a warm spot (on top of a fridge is a pretty good place). The moss has to be kept damp and because the seed is sitting in a plastic bag, the humidity helps it germinate. There is also a problem with this technique too, and that is some seeds can get a fungus because of poor ventilation but it is a cheap way to germinate a seed.
My seed will grow into a Neanthe Bella Palm tree also known as the Parlor Palm. It works great indoors and outdoors as long as the temperature never goes below 35F. For best results, the palm should stay in an environment between 55F and 85F.
This palm does not like to have direct sunlight but does really well in low light and will grow up to about 4 feet. It grows quite slowly so surely mine won't look like this for a long time.
Will keep everyone posted once it germinates.
Till then . . . .
