|Creation Date||Q4 2017|
Primalbase is, if it lives up to its initial standards, a very cool and innovative project with real world uses already up and running. Holding their tokens gives you lifetime free access to offices or co-working spaces in major cities around the world. Primalbase has a fantastic website and have obviously worked hard to put a great offer together. Primalbase seems to have a small but loyal user base who have followed the project from the start.
|Block Time / Transaction Fee||–|
|Current Value (Total)||$ 2,141,863|
How Primalbase works? What the token offers you
Primalbsase PBT tokens have a real-world use and can already be used today. Primalbase have a great and simple concept – the company are buying properties in key cities around the world and turning them into shared office co-working spaces. They already have properties in Amsterdam and Berlin, with London, New York and Singapore offices set to open later in 2018. Their Berlin office is on Potzdamer Platz, a prime location, and their offices look well designed and modern.
By purchasing PBT, you get rental rights to any of their offices around the world. 1 PBT token gives you access to a workspace. This means you will share the room with other people. 4 PBT tokens will give you a private office, which you can be alone. PBT tokens give you the right to use a workspace/private office for a maximum of 2 weeks at a time. You don’t have to keep buying Primalbase tokens, there are only 1250 in circulation which should hopefully mean that they hold some sort of value.
Owning a Primalbase token gives you lifetime access (for as long as the company is around) to their offices and workspaces- once you hold a token there are no monthly or other payments needed to use their offices. In other words, depending on the availability, you can keep using working spaces/private offices up to 2 weeks at a time, for a lifetime. Token holders can pick any property owned by Primalbase
Offices can be easily booked via the website. You can work from any of their offices without having to buy more tokens. As long as you keep that single token, you can pick any building/country you want. Internet access, digital printing, and meeting rooms are included in the price.
Primalbase has no roadmap and no white-paper. The truth is, it does not need them, and already has a working product with offices demonstrating its business case.
As an investment in themselves, the PBT tokens might be limited in growth potential, as their value is tied to that of the real world commercial properties and office spaces. But as a crypto with a working use case, this is a great potential token for anyone looking for fun and well located office spaces around the world in different crypto and blockchain hubs.
Ralph Manheim, the founder and the CEO, is the former marketing manager of Just Sports. He has no previous experience in blockchain technologies, but they have a decent sized team based across their hubs.
The developer team has an account on almost all social media platforms but they are not very active. Their Telegram channel is the best option if you want to learn about the latest developments. Primalbase is not yet as widely known as it could be in the cryptospace, but if it were to start opening its offices to crypto and blockchain meetups as WeWork frequently does, it could really take off and become well known and respected within the crypto and blockchain spaces.
|Can Be Traded In||TIDEX, WAVES Exchange|
|Can It Be Used in Real World?||No|