Primalbase - Distributed Workspace for Tech Community

[kame]

I'll be watching this but unless otherwise Vitalik and Sasha drop official comments in this OP, not taking any action. And as some of you saying,　1 Primabase for 5BTC is too risky to start. I prefer if it's on bankOF or such to ensure backers. 

[Jemzx00]

I'll be looking forward at this project since the team sure is the best. I think that this project will probably end up a success and the ICO will sure end within weeks or less.

[DaMut]

So.
In normal way 1 PBT  = 5BTC.
And when you buy it in ico (first phase) for every 1PBT =3 BTC.
That mean this is the most expensive project ever
Plus vitalik

I miss you so much dao,
Looking for more progress and funding.
Wish you all the best

Last.
What make you so special ?

[Primal Base]

There's only 1000 tokens and 1 token worth 5 BTC. I don't think that's a good idea. People don't want to deal with all fractions. It's even a problem for Bitcoin. You can't say 0.001234 BTC all time. Now you have same -even bigger- problem for Primalbase. I think you made wrong choice.

We appreciate your feedback, but this project differs in one respect from almost all others, each of our tokens represents a physical thing in the real world.

So two thing I'm kinda eager to know is:

1. How much space does 1 token grant you?
2. For how long are you able to use the space that the 1 token grants you? - e.g. can you only use the space 1 month in a whole year? Or is the space actually yours for ever for 1 token?

As I understand:
1. 1 PBT means 1 membership.
2. Lifetime

So to be clear, 1 membership is 1 person and 1 seat yes ?

From the whitepaper section 3.2:

3.2 Token specification  
One PBT token allows full access to the shared workspace at any Primalbase location for one person. In every office space, all the necessary services and amenities will be present and provided, such as broadband Internet access, digital printing, etc. The term of the token is unlimited and, therefore, does not expire. The fee itself is secured in a single payment. The number of tokens that can be purchased by the same holder is unlimited. In this case, the possession of 4 tokens permits the use of a private office, if one is available.

Read more:

http://primalbase.com/assets/PrimalbaseWP.pdf

[Diegox]

Isn't 66% bonus for early investors too big? What about 0% - 15%?

[isen99ono]

This project is very interesting to follow, so many of the best people in it and hopefully this project goes well and success.

[Tipsters]

Ill be following this project since I find this to be worthy one to be on the exchanges. With all the members of the project it'll sure be the best of the best.

[Helloween]

The concept of the project is very interesting and none crypto world haven't done anything like this before. I think that Project has very big potential and successful future.

[CarlOrff]

Good feeling with this project : take the signature and avatar :-).

[klarki]

What are the terms?

[Primal Base]

What are the terms?

Terms and conditions and more specific info will all be posted before the ICO, thank you for your patience.

[Jemzx00]

I'll be watching this but unless otherwise Vitalik and Sasha drop official comments in this OP, not taking any action. And as some of you saying,　1 Primabase for 5BTC is too risky to start. I prefer if it's on bankOF or such to ensure backers. 

Primalbase ICO starts on June, 26 2017! This is your chance to invest in a tangible product developed by an all-star team matching real and crypto economies. Don’t miss it - 66% bonus for early investors. Learn more at http://primalbase.com


Interview: Vitalik Buterin on Scaling Ethereum, Its Popularity in Asia and ICOs
https://bitcoinmagazine.com/articles/interview-vitalik-buterin-ethereum-scaling-issues-popularity-asia-and-icos/



Buterin was recently appointed as an advisor to the board of Primalbase, a startup that is aiming to tokenize a WeWork or Regus-type co-working space provider and grant micro-ownership to its investors.


“I’m definitely very interested in all these applications, particularly the semi-financial ones with some components of finance and monetary value but also some components outside of it” said Buterin. “The general idea that we can create this economy where we micro-tokenize and let people have their own micro-ownership, I think that is definitely a very interesting and promising idea.”






Sasha Ivanov, CEO of Waves in CoinTelegraph Article:

https://cointelegraph.com/news/we-are-witnessing-brilliant-example-of-crowd-intelligence-sasha-ivanov-on-icos

“Primalbase is a real estate project, while it is also a Blockchain community project. It offers a rather unique product - on the one hand, it is an access to co-working, on the other hand, it is a financial instrument, which can be traded on the market. There hasn’t been anything like this before. It can unite many startups within the community. Many cryptocurrency startups are getting interested in sharing Primalbase co-working spaces, soon we might see the development of a new environment for cryptocurrency businesses, that will go out of the virtual world into the real one, in particular, geographical locations, it will be interesting.”

Ivanov notes:

“Integration of tokens into this model allows for greater simplicity and transparency. You can, of course, agree with a person without a token but with a token, it is easier. This is going to be the very first project which will be pushing leasing of financial instruments through Blockchain, it is a very interesting scheme.”

Ivanov thinks that the Primalbase project is going to demonstrate a fast expansion, triggering the development of a new business ecosystem and creation of a new economy.

Hoping this will be added on the first post since this thread will be swarm with replies and this post will be neglected.

What are the terms?

Terms and conditions and more specific info will all be posted before the ICO, thank you for your patience.

Thanks and I'll try to invest on this Project even though it's not high but I think any amount invested will be good to the Project.
Anyway please add those above too when you added those terms.

[Kamal Zenda]

watching this topic with a lot of interest.

[MintCondition]

watching this topic with a lot of interest.

Me too. This an all star devs and the project are related to me because I have an appartment business. Maybe I should invest on this one.

[Primal Base]

You asked more questions, we have more answers!

https://medium.com/@primalbase/q-a-2-primalbase-ico-b9ae5d2a6cd5

[Apened]

watching this topic with a lot of interest.

Yeah ,it seem to be a big ICO this quarter with the joint big team of waves and ethereum . It will bring a good insight for the investors to invest in this great project . Its good to take part and be updated on this . Keep an eye   

[TheCrimsonFucker]

You asked more questions, we have more answers!

https://medium.com/@primalbase/q-a-2-primalbase-ico-b9ae5d2a6cd5

Thanks for this article, dev! Some doubts I had were resolved! However do I own others, for example, the price of PBT is 5 BTC? Is there a chance that this price will be 10x higher at the end of ICO? What are your expectations for the price?

[monineklutak]

At first I was not interested, but after reading there is a ceo-wave and eth co-founder involved in primal team, I do not hesitate to follow this campaign.
ICO hasn't started yet? I think it will be a very short ICO after its release later. I'm optimistic that primalbase will be a positive campaign.

[ikfrujdey]

I can not understand coworking - it is a flexible organization of the working space, tied to 1 m2 of space (1 m3 of volume) premises, or all the same, the selection of employees from representatives of various types of professions, for the implementation of some idea.

[malcovixeffect]

Whats the duration of the ICO? will it run for 1 month?