PrimalBase, simply put, is a new start-up that's setting out to pioneer the "shared office space" market by revolutionizing the way real estate owners share and rent office spaces to and among entrepreneurs. Introducing its new cryptocurrency to the market, Primalbase Tokens will be introduced to early adopters and investors at the rate of 5 BTC for 1 PBT. However, a unique opportunity will be presented on early acquisitions where on launch day, 1 PBT can be purchased for 3 BTC with 1 PBT being available for purchase for 4 BTC on the 2nd through the 7th day of the initial release.
The idea behind Primalbase is to introduce a universal cryptocurrency that can be used by entrepreneurs to rent shared work spaces for their business endeavors which will initially be available in 5 cities including Amsterdam, Berlin, London, New York and Singapore (cities with a steady, increased growth in new start-ups). These cities were chosen based not only the attractive scenery and economic stability but also on statistics that have proven these cities to be hot-spots for technological entrepreneurship growth which will seamlessly allow Primalbase Tokens to be integrated in to the renting/sharing of real estate (offices, workspaces and dedicated meeting environments).
What's unique about the approach set forth by the Primalbase Token technology and its founders is the path for future expansion. While the first 5 cities have been preselected, future participating locations that will accept PBT for workspace will be determined by the shareholders of the Primalbase Tokens.
What's great about this approach is the idea that the shareholders will be innovators, tech entrepreneurs and forward thinkers so future expansions (since these locations will be determined by shareholders) will be ideally located in locations that continue to rise in tech related start-ups.
These locations can be expected to be established in large metropolitan areas where digital based company operations are abundant. As you may have guessed, other possible expansion locations could be within university/school districts as students and graduates that start their own businesses will need a reliable, affordable and dedicated work space to operate their start-up and Primalbase Tokens will conveniently allow them to connect with office space owners who are working with this innovative cryptocurrency.
Of course, securing the investment of shareholders is a top priority and this will be accomplished by one small yet important aspect of this particular technology. While shareholders could potentially lose value in shared workspaces that could potentially accept alternate payment sources for the workspace, Primalbase has set their infrastructure up in such a way that the work spaces available for rent are available exclusively to only PBT holders.
This will ensure that the Primalbase Tokens continue to circulate within the economy amongst renters of the work spaces, investors and those using the cryptocurrency to work in a dedicated space.
It's going to be an exciting endeavor for both investors and users and between a proof-of-concept already operating in Amsterdam, multiple endorsements received by a multitude of tech entrepreneurs and an already growing user base, we're sure that Primalbase will revolutionize the "shared workspace" market.
As far as we're concerned, it's not a matter of "if", but "when".
- Bitcointalk: https://bitcointalk.org/index.php?topic=1930971.msg19169843
- ICO Website: http://primalbase.com/