Primalbase - Distributed Workspace for Tech Community

[Praesidium]

ico goes well. congrats primalbase team. goodjob.
maybe i will invest it.

Yup it goes very well as you can see as of 14 hrs since ico started 600PBT was been sold it is approximately 1800btc. This is a good start for the project and i know this porject will come up successful in the future. Well congrats again primalbase!

[yanh7720]

Primalbase is both a real estate project and a financial instrument that can be traded on a virtual market. This is really a genius idea.

[Primal Base]

Primalbase tokens are selling out quickly - more than half of the total amount have already found lucky owners. The period when you can purchase the token at a reduced price will be over in about 12 hours. Hurry up to use your 40% discount today!
Register your personal account at ico.primalbase.com to get on board of the project which is set to revolutionize traditional office rental industry introducing fractional ownership based on digital tokens.

Time has come for action!

[sandman53]

I bought in early to get the discount token price.
I think it sell out to with the discount.
I'm glad to part of this project.

[tex83rb]

I wonder if the project will be able to collect the remaining amount until the end of the day)

There is still time to go, a lot of ICOs started today also some pre-sale also. I think the price of the tokens doesn't make any sense to me. it is over value.

guys, this is a lifetime token.  say you want to lease your PBT for the first 2 years, then decide you want to sell...here is what it'll look like:

per WeWork that offers the same exact thing....in Los Angeles, the price for the cheapest desk/workstation is $350 a month.

- so year 1.... $4200
- year 2..... another $4200
- year 3 you decide to sell..... current price of PBT should be or be around the ICO price (5btc at current price) $11,500.00

so by having 1 PBT token.....you're expected return should be around:   19,900

how you describe it make it sound like a GET RICH QUICK scheme ... i am worried to invest.

quick rich scheme? you have not understand

he is telling IF all went good, you take also entrepreneurs risk

not at all get rich quick

[xgast]

Please help me explain what is the advantages for token holders?

Any revenue for token holder? How to distribute the revenue of workspace leasing to token holders?

I'm not talking about capital gains of token.. But is there any revenue for investors that hold token?

When will the token distributed? What exchanges will be available for this token?

[mewhoyou]

I wonder if the project will be able to collect the remaining amount until the end of the day)

There is still time to go, a lot of ICOs started today also some pre-sale also. I think the price of the tokens doesn't make any sense to me. it is over value.

guys, this is a lifetime token.  say you want to lease your PBT for the first 2 years, then decide you want to sell...here is what it'll look like:

per WeWork that offers the same exact thing....in Los Angeles, the price for the cheapest desk/workstation is $350 a month.

- so year 1.... $4200
- year 2..... another $4200
- year 3 you decide to sell..... current price of PBT should be or be around the ICO price (5btc at current price) $11,500.00

so by having 1 PBT token.....you're expected return should be around:   19,900

how you describe it make it sound like a GET RICH QUICK scheme ... i am worried to invest.

quick rich scheme? you have not understand

he is telling IF all went good, you take also entrepreneurs risk

not at all get rich quick

I understand what he was trying to say but just in that context; it "sounds" like it. I read thru the forum and the white paper. Just when someone tell you its too good to be true .. most likely it is. That being said, i did took a punch at 1btc.

BTW I am in the real estate business too

[Serco]

PBT24 does not end the ICO within 24 hours: even if it fails

Hey dude !! Can you answer this question first ? Before starting any other dumb questions

Total amount: 1250
Current ICO: BTC total 1259.0232
Why do you need ICO: 580.3256

I think you've got incorrect figures there....
can you clarify?

[mewhoyou]

sorry i couldnt find it anywhere but what happens to the unsold token?

[bitpazari]

Stock market opening 1 PBT = 30 BTC

I do not sell it cheaper. These tokens are very valuable. Those who do not attend ICO will regret it.

[arimamib]

PBT will be the coin with the highest price for now. The smallest fraction of PBT is 0.0001 PBT. So how much Fee needed to make a transaction?

[bitpazari]

PBT will be the coin with the highest price for now. The smallest fraction of PBT is 0.0001 PBT. So how much Fee needed to make a transaction?

It depends on the platform you are using. For example, waves platform 0.001 waves. (I do not think I was wrong.)

[Primal Base]

i haven't received the confirmation e-mail   
can you help me dev?

have you got it now? Please check your spam folder

[Primal Base]

I was thinking of investing into primal base just for kicks. I was going to throw in a small amount and see how it does. Then I read this in the ToS:

9 Cancellation and refund policy

9.1 By participating in the Crowdfund, you acknowledge that Primalbase is not required to provide a refund for any reason, and that you will not receive money or other compensation in lieu of a refund, and you consent to no right of withdrawal from the fund of the Crowfunding.

9.2 All donations to Primalbase are final and nonrefundable

So basically, if they decide that they don't want to go ahead with this business anymore they thank you for the donation! (Not your investment. Did you notice that too? That must have been a Freudian slip).

This is how you distinguish the entrepreneurs who fully believe in their business and the ones who don't. No thanks. I'd rather invest with an entrepreneur that will do whatever it takes to succeed, not one that if they give up they just keep the money and have no legal recourse so to speak.

Plese tell me a single ico that made a refund if they fail.

I will help you: no one will never refund you in this world.

You dont want to take a risk? Go and buy some bank shit with an assurance and take your 1% revenue/year and stop fudding here

I'm not saying if they fail. This does not say if they fail. This says for any reason. It's not FUD, it's right in their ToS. Maybe you should be a little smarter with your money and actually read these things instead of throwing your Satoshis at any ICO that comes along.


Care to explain why investments are considered donations? I'd love to hear that explained to the public.

It would appear that investors are the only ones taking a risk here and primal base is taking absolutely no risk at all on their end. They do not have to pay you back if they don't even try to make a working business. They don't have to pay you back if they decide to go on an all expenses paid vacation to Las Vegas and gamble away your funds. This looks like the Mycelium Crowdsale all over again.No revenue to speak of, no working business model, no promises promise to never pay you back if anything goes wrong, (i.e. if the tokens are never distributed to begin with).

I was thinking of investing into primal base just for kicks. I was going to throw in a small amount and see how it does. Then I read this in the ToS:

9 Cancellation and refund policy

9.1 By participating in the Crowdfund, you acknowledge that Primalbase is not required to provide a refund for any reason, and that you will not receive money or other compensation in lieu of a refund, and you consent to no right of withdrawal from the fund of the Crowfunding.

9.2 All donations to Primalbase are final and nonrefundable

So basically, if they decide that they don't want to go ahead with this business anymore they thank you for the donation! (Not your investment. Did you notice that too? That must have been a Freudian slip).

This is how you distinguish the entrepreneurs who fully believe in their business and the ones who don't. No thanks. I'd rather invest with an entrepreneur that will do whatever it takes to succeed, not one that if they give up they just keep the money and have no legal recourse so to speak.

The nature of an ICO is quite volatile, so there are risks, both known and unknown.
Investors know this going in. It is unregulated in every sense.
Having said that, Primalbase has put its core members forward, and got support from leading players in the blockchain field -- people staking their reputation. So, it wouldn't make sense to throw all of that in the trash for a quick cash grab, now would it? Primalbase is interested with expanding and nurturing the tech community, one full of like-minded people.

TL;DR: Trust us, we have a good reputation. Your team actually has no reputation at all. I've never heard of them. Advisors mean nothing because we all know every single ICO lists these top guns in the cryptocurrency space to make them look better. Their involvement in the projects themselves is basically nothing.

Oh and would it make sense to walk away with millions and have a bad reputation? Absolutely. People scam for $5 on this forum and you want me to think that for some reason these people are different with millions and millions?

well said

How professional  .

To some extent, raising funds via ICO looks like we just get the money upfront for the services that we will provide later. In reality, it just helps us to form a set of stable tenants, which will help push the project further serving as a certain natural/organic marketing tool. Apart from setting up the infrastructure, we must build a community around Primalbase. If this is not interesting to anyone, if the community is not created, shared workspaces do not work.
With the help of the ICO we are solving two essential problems:
1) We cover the initial capex/opex for the infrastructure and setup of the teams.
2) We build the core community. If you have these two problems solved, you are unstoppable.

[Primal Base]

I wonder if the project will be able to collect the remaining amount until the end of the day)

There is still time to go, a lot of ICOs started today also some pre-sale also. I think the price of the tokens doesn't make any sense to me. it is over value.

Tokens increase in value over time and can be leased out. Meanwhile, you get lifetime membership and use of offices. Have you seen the FAQ? https://medium.com/@primalbase

Your return is a lifetime use of the Primalbase hubs and facilities across the world in attractive cities, by purchasing a token with a one time payment. You can also lease out your tokens, thus getting profit once the value of the tokens rises, due to limited number in existence, and the value of the hubs and locations increasing. Or, you can trade and sell the tokens for profit later on

[fia_naila]

I wonder if the project will be able to collect the remaining amount until the end of the day)

There is still time to go, a lot of ICOs started today also some pre-sale also. I think the price of the tokens doesn't make any sense to me. it is over value.

Tokens increase in value over time and can be leased out. Meanwhile, you get lifetime membership and use of offices. Have you seen the FAQ? https://medium.com/@primalbase

Your return is a lifetime use of the Primalbase hubs and facilities across the world in attractive cities, by purchasing a token with a one time payment. You can also lease out your tokens, thus getting profit once the value of the tokens rises, due to limited number in existence, and the value of the hubs and locations increasing. Or, you can trade and sell the tokens for profit later on

then if i buy a token, i can use office space as long as i want ? then when i am not using it, i can leased my spece by leasing my token ?

[Primal Base]

Looks like ICO will not be finished in 1 day as some people predicted

If somebody made a bet on that - we are sorry, however, for us priority number one is creating a sustainable business. It doesn't actually matter how much you managed to raise and how long it took you, this is not a race. If you are not able to deliver results to your investors these 'records' don't really matter.

Yes, I agree. Do you expect many investors buying with a full price of 5 Btc?

We cannot make any certain predictions on this, as there is still time to get your tokens with 40% off!

[Primal Base]

PBT When does the Exchange market go?

Tokens available for trade on exchanges will happen about a month after ICO ends

[benedictonathan]

I guess with the successful ICO, the next step is to build the other facilities in the other places that was mentioned? Or would that start after the campaign? Congratulations to your team!

[Primal Base]

Do you know the meaning of the primalbase logo? It looks like a building...

And did you notice that on the website, the logo changes when you hover over it ... a hidden message?   

It is referring to the punch cards used by the computers in the 1960s

Nice logo, I think it's a sketch of a building.
Why should a punch card. .?

because that connects with "primal" and also simple. Also, connects with "first" and pioneering
Thanks for asking!

The philosophy of the logo you describe is very interesting. Hopefully be a sign of the success of this project.
Thank you for answering my question.  

Most welcome. We appreciate the interest and feedback