Primalbase - Distributed Workspace for Tech Community

[klarki]

Hey, I thought Vitalik was also one of the advisor in primalbase, did he left the project already? because their website lists just Sasha as a advisor now.

Primalbase August Report
https://medium.com/@Primalbase/primalbase-august-report-e40eae477034

Hello, alicea!  Buterin was not an official adviser to the project.

Vitalik Buterin an advisor.  An advisor is just that, an advisor.  There are many advisors on many projects.  To what extent they are working with a team can vary from small to large.  We do not speak for any of our advisors.  If you want to know the extent of their involvement you can ask them.  If they are comfortable with telling you they will.  If they are not they won't.

Primalbase decided to cheat a little in this regard.

What do you need to succeed?)

Joint photo with Vitalik + contact via email)

Vitalik was not initially endowed with any technical tasks, there was no role here in creating a formula, a model, a technical implementation of any kind because we utilize fairly simple, already known tools. His role was that of the leader of one of the world’s largest communities in the area of ​​Blockchain. He liked and likes our project, it makes sense for him — an interesting interpretation of how Blockchain can move into the real world. It will be very interesting to see.

Full info: https://medium.com/@dmitry.faller/primalbase-advisory-board-update-current-tasks-meetup-in-amsterdam-98c4d35b1bef

[1714975609]

1714975609

[alicea]

~snip~

Thank you very much for the information. I completely forgot about the project until I saw that my WAVES address still have some PBT left in it. btw are you by any chance their CM?

[Natalim]

Any chance that we will see an increase of trading volume for this token?

If the data presented in https://coinmarketcap.com/currencies/primalbase/#markets is accurate, I think we have a big problem with liquidity.
What are the future plans, are we gonna see this in big exchanges like Binance and Houbi?

[alicea]

Any chance that we will see an increase of trading volume for this token?

If the data presented in https://coinmarketcap.com/currencies/primalbase/#markets is accurate, I think we have a big problem with liquidity.
What are the future plans, are we gonna see this in big exchanges like Binance and Houbi?

I agree with you there because of this bad liquidity price has fallen from 2 BTC to just .12 BTC which is a lot.
I think they should plan a more aggressive marketing strategy

[Cimmy_revenger]

Top price PBT Mar 16, 2019   $ 10.974,03 USD
Low Price PBT Sep 28, 2019   $.      943,08 USD
Now price PBT Oct 20, 2019   $    1.538,26 USD   
https://coinmarketcap.com/currencies/primalbase/historical-data/?start=20130428&end=20191021
I Hope developer Primalbase Will be listing again PBT on biggest exchanger.
Or Swap token from waves to BNB Chain if developer want Bigg volume trading daily

[Coin_trader]

Top price PBT Mar 16, 2019   $ 10.974,03 USD
Low Price PBT Sep 28, 2019   $.      943,08 USD
Now price PBT Oct 20, 2019   $    1.538,26 USD   
https://coinmarketcap.com/currencies/primalbase/historical-data/?start=20130428&end=20191021
I Hope developer Primalbase Will be listing again PBT on biggest exchanger.
Or Swap token from waves to BNB Chain if developer want Bigg volume trading daily

Just give up bro. They don't even care liquidity of their token. I loss tons of money investing on their ICO. I bought 5PBT during ICO which I believe 3BTC each and then after the ICO. They didn't even listed there token to a decent exchange. I'm glad I already sold at 2BTC each last bull run and recover my loss.

[Cimmy_revenger]

Top price PBT Mar 16, 2019   $ 10.974,03 USD
Low Price PBT Sep 28, 2019   $.      943,08 USD
Now price PBT Oct 20, 2019   $    1.538,26 USD   
https://coinmarketcap.com/currencies/primalbase/historical-data/?start=20130428&end=20191021
I Hope developer Primalbase Will be listing again PBT on biggest exchanger.
Or Swap token from waves to BNB Chain if developer want Bigg volume trading daily

Just give up bro. They don't even care liquidity of their token. I loss tons of money investing on their ICO. I bought 5PBT during ICO which I believe 3BTC each and then after the ICO. They didn't even listed there token to a decent exchange. I'm glad I already sold at 2BTC each last bull run and recover my loss.

I'am so sad to hear that , please tell me where are you recover your loss ?
From trading or invest ICO or IEO again sir ?

[TeraBite]

Top price PBT Mar 16, 2019   $ 10.974,03 USD
Low Price PBT Sep 28, 2019   $.      943,08 USD
Now price PBT Oct 20, 2019   $    1.538,26 USD   
https://coinmarketcap.com/currencies/primalbase/historical-data/?start=20130428&end=20191021
I Hope developer Primalbase Will be listing again PBT on biggest exchanger.
Or Swap token from waves to BNB Chain if developer want Bigg volume trading daily

Just give up bro. They don't even care liquidity of their token. I loss tons of money investing on their ICO. I bought 5PBT during ICO which I believe 3BTC each and then after the ICO. They didn't even listed there token to a decent exchange. I'm glad I already sold at 2BTC each last bull run and recover my loss.

I'am so sad to hear that , please tell me where are you recover your loss ?
From trading or invest ICO or IEO again sir ?

In term of fiat it was possible to make profit because time of the ICOs price of BTC of were low and in bull run people were able to manage to recover their money from this project. But this is big disappointment who are still holding this token they have no chance to get their money back at the moment no active traders involve in this.

[Apened]

Top price PBT Mar 16, 2019   $ 10.974,03 USD
Low Price PBT Sep 28, 2019   $.      943,08 USD
Now price PBT Oct 20, 2019   $    1.538,26 USD   
https://coinmarketcap.com/currencies/primalbase/historical-data/?start=20130428&end=20191021
I Hope developer Primalbase Will be listing again PBT on biggest exchanger.
Or Swap token from waves to BNB Chain if developer want Bigg volume trading daily

Just give up bro. They don't even care liquidity of their token. I loss tons of money investing on their ICO. I bought 5PBT during ICO which I believe 3BTC each and then after the ICO. They didn't even listed there token to a decent exchange. I'm glad I already sold at 2BTC each last bull run and recover my loss.

You're lucky enough to sold yours at a good price. But i think you're still in profit in USD rate if you sold in bull run but in btc value its way far fron its original price. Until now i am holding this i only have bought that cost 1btc before and now its disappointing to see.

[Coin_trader]

Top price PBT Mar 16, 2019   $ 10.974,03 USD
Low Price PBT Sep 28, 2019   $.      943,08 USD
Now price PBT Oct 20, 2019   $    1.538,26 USD   
https://coinmarketcap.com/currencies/primalbase/historical-data/?start=20130428&end=20191021
I Hope developer Primalbase Will be listing again PBT on biggest exchanger.
Or Swap token from waves to BNB Chain if developer want Bigg volume trading daily

Just give up bro. They don't even care liquidity of their token. I loss tons of money investing on their ICO. I bought 5PBT during ICO which I believe 3BTC each and then after the ICO. They didn't even listed there token to a decent exchange. I'm glad I already sold at 2BTC each last bull run and recover my loss.

I'am so sad to hear that , please tell me where are you recover your loss ?
From trading or invest ICO or IEO again sir ?

I recover in terms of FIAT, But in BTC then hell NO. It took 1 month to sell all my PBT on waves dex and tidex. That is my most frustrating investment of all time. Imagine the hype of the team during ICO and many promises that this limited supply coin will gonna moon and list on big exchange such as Bittrex and Polo that time. But until now, they are currently listed on Waves dex and Tidex. No change at all even there daily volume still sucks.
 One thing I like about them, They keep updating investors monthly but zero update regarding token value. 

[codemanX]

Finally, it seems to be over. They don't respond on Telegram anymore, offices are closed and no official statement from the team. Very sad story, I had big hopes for this project.

There are some buy orders left on Tidex, think about to use this chance because it really doesn't look good.

[Apened]

Finally, it seems to be over. They don't respond on Telegram anymore, offices are closed and no official statement from the team. Very sad story, I had big hopes for this project.

There are some buy orders left on Tidex, think about to use this chance because it really doesn't look good.

What.
I don't think that they will just give up on the project after the things that they have done and built. They have their offices maybe they focus offline now and not online and that the problem in the most especially if they project will going to work both offline and offline. Another thing is why they didn't list it in the other exchange that seems to me that they have no interest in the crypto PBT tokens since they got the money they wanted to build their project.

[codemanX]

Their offices are closed, many people on Telegram already confirmed, join their channel and read up. Most likely they ran out of money.

[python4d]

oh no !   
any new project? for my PBT token 

[klarki]

I found some interesting information [unverified]:

I had a short conversation on Telegram with Jan Semotam, Primalbase’ last CEO.  He confirmed that he’s not working anymore at Primalbase since 24th of December.

Thereby he confirmed there were very limited funds left when he started and there was almost no income stream.

He, thinks there is a very limited chance the project will survive as there is only 1 Shareholder left.

Not sure whether he likes it or not that I share this information but I feel like it should be clear to everybody, as I think there will never come an official announcement, and this project will slowly die.

Link: https://t.me/c/1119958214/16767




Jan Semotam, General Manager of Primalbase: https://medium.com/primalbase/q-a-with-jan-semotam-general-manager-of-primalbase-bd7ee3f5ec6b [for reference]

If this is true, then I think comments will be unnecessary here.

[losk22]

Why such a low office rental? How to make money? Are you intentionally leading to bankruptcy? Where Advisor?

[Chris!]

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.

Primal Base says thank you for the donations folks.

Obvious scam is obvious.

[Coin_trader]

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.

Primal Base says thank you for the donations folks.

Obvious scam is obvious.

I thought they are progressing slowly. I invest few bitcoin in there ICO and successfully gain profit in last 2017 Bull run in terms of USD.
I believe during that time. Most of the ICO that time have same shit listed on there TOS since they are not regulated by SEC. 

[Bowtiesarecool]

Guess it goes to prove the fallacy in the tokenization of everything mania that's been sweeping the industry. Just because you blockchained it doesn't mean people will hope on board and abandon existing business relationship just because "blockchain"

[Midas111]

Guess it goes to prove the fallacy in the tokenization of everything mania that's been sweeping the industry. Just because you blockchained it doesn't mean people will hope on board and abandon existing business relationship just because "blockchain"

Also pbt was a waves token and unlike other chains like eth tron eos waves has no promotion mechanism for anything that is not directly waves. I think pbt had many unfortunate events, ie crypto collapsed, waves has 0 support or promotion networks, there is a bad notion of any serious tokens on waves being killed by the collapse of waves itself.  I saw pbt had dome eth cross network thing but it may have been too late and received no support form the eth promo machine along with a non existent waves promotional platform