Primalbase - Distributed Workspace for Tech Community

[benedictonathan]

Hi all. I can see this project having great potential. But there is one thing which I can't get my head around - 250 tokens for management? Imagine in a few years time, Primalbase becomes as popular as bitcoin or even more and the price reflects the same. Because there are only 1000 tokens, each token will be worth equivalent to 21000BTC. So 250 tokens = 250*21000BTC = 5.25 million BTC (whattt??). And that kind of money will be in the hands of few people? Sounds very very scary. Sorry if I missed something here.

Of course, there is the elements of fluctuation and speculation involved. The funds are transparent and will be at the disposal of members of the advisory board. These will be used, for example, for social activities for the tech community. Also, to reinvest to create more venues with bars, restaurants, event spaces and so on. Parts of the profits will be distributed among token holders.

Parts of the profits will be distributed among token holders - meaning that the tokens that we bought can earn a profit ASIDE from the fact we can use the tokens to use the Primalbase tech facilities. Am I correct?

[1714857132]

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[1714857132]

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[Primal Base]

According to my opinion, the 3000 BTC is a small start for such a formation

It very small. Nowadays almost on every ICO max cap 3-7 times greater and even more. I think realistic max cap very good decision for Primalbase team.

Yes, it is mall. But they should collect how much they need according to their business-growing plans. That's the good one
Being greedy so popular these days but that is the wrong one

We like your insight, lofegs  This is the philosophy behind this project

[Primal Base]

Has anyone ever visited the offices physically and/or met team member?

Yes, this is possible by arrangement through the channels on primalbase.com

Also, have you checked the Primalbase Instagram account? The link is: https://www.instagram.com/primalbase/
There you see photos of the hub in Amsterdam

[Primal Base]

In my opinion for concept first day 3btc, 2nd-7th 4btc and 5btc ICo will be finish for one day

I would say even more ... Ico will be finish for one Hour  

It may be so mickaelsilver10! 

[Primal Base]

Hi all. I can see this project having great potential. But there is one thing which I can't get my head around - 250 tokens for management? Imagine in a few years time, Primalbase becomes as popular as bitcoin or even more and the price reflects the same. Because there are only 1000 tokens, each token will be worth equivalent to 21000BTC. So 250 tokens = 250*21000BTC = 5.25 million BTC (whattt??). And that kind of money will be in the hands of few people? Sounds very very scary. Sorry if I missed something here.

Of course, there is the elements of fluctuation and speculation involved. The funds are transparent and will be at the disposal of members of the advisory board. These will be used, for example, for social activities for the tech community. Also, to reinvest to create more venues with bars, restaurants, event spaces and so on. Parts of the profits will be distributed among token holders.

Parts of the profits will be distributed among token holders - meaning that the tokens that we bought can earn a profit ASIDE from the fact we can use the tokens to use the Primalbase tech facilities. Am I correct?

This is correct benedictonathan For example, renting a token to someone else will generate such a profit.

[bitcoin_newbie]

Some questions about the nice Amsterdam office:

1. How was this office setup funded? Who initially paid for this?
2. How much did it cost to set this up? (This could give an approximate idea of future setup costs to investors)
3. Is the management money portion from ICO gonna repay this setup costs?

[poptop]

Hi poptop! Thanks for your reminder

For the more technical aspects of the tokens working on the Waves platform, there will be information coming shortly.
I'd suggest that you sign up for the email newsletter on the primalbase.com website, if you haven't already done so.
For your third question, I have consulted other members in the team, and am waiting for that info.

Ok, thanks.
But can you give additional information about 1st question? I can't imagine what can give revenue?
What business plan?

[Primal Base]

Some questions about the nice Amsterdam office:

1. How was this office setup funded? Who initially paid for this?
2. How much did it cost to set this up? (This could give an approximate idea of future setup costs to investors)
3. Is the management money portion from ICO gonna repay this setup costs?

Thanks for the questions, bitcoin_newbie !
I don't have all the specifics on these at the moment, so I'll consult the team and get back to you

[bitcoin_newbie]

Some questions about the nice Amsterdam office:

1. How was this office setup funded? Who initially paid for this?
2. How much did it cost to set this up? (This could give an approximate idea of future setup costs to investors)
3. Is the management money portion from ICO gonna repay this setup costs?

Thanks for the questions, bitcoin_newbie !
I don't have all the specifics on these at the moment, so I'll consult the team and get back to you

Sure thanks much. Shall wait for the answers.

[Primal Base]

Hi poptop! Thanks for your reminder

For the more technical aspects of the tokens working on the Waves platform, there will be information coming shortly.
I'd suggest that you sign up for the email newsletter on the primalbase.com website, if you haven't already done so.
For your third question, I have consulted other members in the team, and am waiting for that info.

Ok, thanks.
But can you give additional information about 1st question? I can't imagine what can give revenue?
What business plan?

Hi poptop, I'll provide a more precise and comprehensive answer, once the team gets back to me. Thanks for your patience!

[ArmsteadThomas]

Is it really the Primalbase coworking of Amesterdam Right photos ??

https://i.imgur.com/b7mbI4q.png

https://i.imgur.com/jPafu5V.png

https://i.imgur.com/nNLyjOL.png

https://i.imgur.com/ZuHtSdZ.png

https://i.imgur.com/5GF9kcM.png

You can see others photos here : https://twitter.com/Wally_WST/status/875066800781889536

Thanks for the pictures, some pictures of the building itself available or just the interior?

So far it's the interior photos that have been released with Primalbase promotional material.

Best is follow Primal Base Instagram account I guess. At least I do that 
https://www.instagram.com/primalbase/

Good job Handsome looks and I am sure everybody will love to watch it and have a good feedback with the nice interior.The promotion is gathering good results it's cool

[8rch7]

Hallo Dev, I read Campaign 5: Bonuses for 3 best participants (three best social media ambassadors, three best bitcointalk posters, three best translators, etc. will receive 1 stake each).

What are the criteria of each campaign to be the best? Whether measured by the largest number of stake or any other criteria?

[Toro iskandar]

 6 days more ico started hopefully a lot of devotees 

[8rch7]

 6 days more ico started hopefully a lot of devotees 

is devotees mean investors?
sorry, since I join in bitcointalk, there are new word / term that I have not understood the meaning

[LeyMonte]

 6 days more ico started hopefully a lot of devotees 

is devotees mean investors?
sorry, since I join in bitcointalk, there are new word / term that I have not understood the meaning

devotees simply means that:

a person who strongly admires a particular person or is extremely interested in a subject
example: He is a great devotee of the prime minister.

source: http://dictionary.cambridge.org/dictionary/english/devotee

we can also says it is investors, since they are intersted in the concept of primalbase. hopefully the ico will end in just a few hours.

[micher143]

Just a few days and the ICO will be started and I hope it will be ended quikly by reaching the target market cap and I think primalbase will be successful immediately  because I think there are many investors that are waiting for this crowdsale because the primalbase is a unique coin.

[Casabrandy]

Just a few days and the ICO will be started and I hope it will be ended quikly by reaching the target market cap and I think primalbase will be successful immediately  because I think there are many investors that are waiting for this crowdsale because the primalbase is a unique coin.

it will surely end earlier,having primalbase token is a one great opportunity to be part of a real estate project that aims to help and in the same time to earn.

[cramcram21]

Just a few days and the ICO will be started and I hope it will be ended quikly by reaching the target market cap and I think primalbase will be successful immediately  because I think there are many investors that are waiting for this crowdsale because the primalbase is a unique coin.

it will surely end earlier,having primalbase token is a one great opportunity to be part of a real estate project that aims to help and in the same time to earn.

Yeah I really do think that it will end in just a short time ,
Just a couple of days and the sale would start I think the first day would attract so much investor because of its huge bonus.

[holydarkness]

Hallo Dev, I read Campaign 5: Bonuses for 3 best participants (three best social media ambassadors, three best bitcointalk posters, three best translators, etc. will receive 1 stake each).

What are the criteria of each campaign to be the best? Whether measured by the largest number of stake or any other criteria?

Hello, they have a dedicated thread for bounties that I beliebe you are aware of, here ask your question there as I believe it is more suited to be discussed there and your q&a will be a nice information for other bounty hunters

[pressureonme]

Just a few days and the ICO will be started and I hope it will be ended quikly by reaching the target market cap and I think primalbase will be successful immediately  because I think there are many investors that are waiting for this crowdsale because the primalbase is a unique coin.

I don't think it will take much time to finish because the maximum cap can be considered low for primalbase and the this is a good one to worth investment. It can be done in minutes. Let's see.