Primalbase (PBT)

Primalbase (PBT) widget

ICO date: 24.06.2017 - 24.07.2017
Industry: Social Media & Communication
Description:

Building upon the well-established business model of shared workspaces, the project transforms traditional office rental into a new-generation community-based ecosystem where one can share, sell or rent out high-quality office spaces using Ethereum and Waves-based digital tokens.

Features:

- Provides full access to the co-working or shared workspace with all the necessary services at any Primalbase location for one person - The number of tokens that can be purchased by the same holder is unlimited - Built on Waves platform (ease of custom token creation, low cost of operations, built-in decentralized exchange and integrated work with fiat currencies), supports compatibility and interoperability with Ethereum platform - a gate into Ethereum Blockchain

Founded: Netherlands
Technical details:

Primalbase members can rent or sell their tokens using the special technical feature of the underlying WAVES protocols. From a technical point of view, this means that ownership of any amount of PBT can be transferred, temporarily or permanently. These are peer-to-peer transactions; therefore, parties must agree on costs and payments between themselves. The holder of the token is protected by his own Blockchain — the protocol works in such a way that the token cannot be transferred on but remains in the wallet of the rentee: in effect, the token is on a «temporary loan». The minimal duration that a token can be rented is 3 months, and there is no maximum period. A rental agreement may be terminated ahead of time by mutual decision of the parties or unilaterally. Formally, the WAVES platform does not allow the inclusion of specific leasing rules (i.e. the price, time, conditions, etc.) into the Blockchain, as there can be too many scenarios of interaction between users. However, within the leasing agreement between the parties, there are guarantees on the fulfillment of contractual obligations of all involved.

Website: www.primalbase.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Very High 3.6 / 5.0
Risk score
NA

Post-ICO

We are holding a vote to perform an Post-ICO Rating on one project chosen by our readers. If you're a current tokenholder, you can take part in the vote after completing a KYC procedure and we will deliver this results directly to the project team with 100% guarantee. We will motivate the startup to release a Post-ICO Rating audit to inform their investors about the results of their work after their ICO.

Post-ICO Rating


1
Upvote 11

Other projects

Startup name Start-end ICO Hype Score Risk Score Rating Industry
HeartBout (HBC) 14.12.2017 - 29.06.2018
Social Media & Communication
ADAMANT (ADM) 29.01.2018 - 30.06.2018
Social Media & Communication
Alphabit (LPH) 31.01.2018 - 31.01.2019
Social Media & Communication
Cultural Places (CC) 05.03.2018 - 04.06.2018
Social Media & Communication
Events & Entertainment

See also