Topic: Primalbase - Distributed Workspace for Tech Community - page 36. (Read 152792 times)

From my point of view, didn't have any problem buying a token even though liquidity low. Just took a few buy orders, over half an hour or so and token bought at price I wanted...you can sell/buy with a bit of patience...

No. Any big buyers have been locked in due to low liquidity. There as rarely been more than 0.5BTC on the buy side. The main reasons for the price decrease are poor marketing and only being listed on a 3rd rate exchange.

Hi!

Well, the tokens are still not directly related. Only because some coins increase in value doesn't mean the PBT token will increase in the same moment. I think the main reason why our token is below the ICO price is that some big crowdsale buyers dumped the coins way to soon.

Best Regards,

Alexander, Community Moderator.

If BTC Value increases and all coins increase with it why does Primal Base not increase?

Very good question,

Answered by Gala Serré in the weekly chat.

From the very beginning we underlined that we will use those 250 tokens to support the development of the Blockchain technology and the growth of its community.

And just to remind you the idea behind it, we would recommend to refresh this answer in your memory that we have already given in one of our Q&As:

Please see:

3. “Why do you need to keep 250 (20% or 1/5th) Primalbase tokens?”
We can create an excellent infrastructure, excellent workspaces, with very comfortable furniture, great kitchen and stuff. But the infrastructure is dead without people. It doesn’t really work without people, it is a multiplier. WeWork now is referred to as an IT project because they are focusing on the IT community, it is a significant revenue multiplier. It is not a real estate project only.
To start working with the community we need to add value. We are aspiring to make Primalbase both a home and Research and Development Laboratory for Blockchain projects. We will give away a part of our tokens (250 PBT) to those who we see as being active Primalbase Ambassadors, to equip them with a freedom to use a service all around the world. I am now referring to technology gurus Vitalik Buterin, Sasha Ivanov, and others who are recognized global leaders. I am also referring here to guys from Bitcoin community, Ethereum Foundation community, Waves community — those who truly believe that Blockchain has a potential to provide solutions to a range of problems.
One has to understand that Blockchain technology is about developers and researchers. If we are talking about Blockchain business, it is hard, almost impossible, to move forward if you don’t have developers. If you only have marketing tools, it isn’t enough, you have to have a technology — interesting, promising, the one which has a range of real-life applications. Any research and development projects deserve attention.
We would like to support talented developers from Bitcoin, Ethereum Core, Waves camps. We would like to give these teams an opportunity to get an instant access to infrastructure and community. What is Blockchain? It is a huge community. It allows people to make a connection, to understand each other.
Decentralized infrastructure can help boost decentralized technologies. At the moment the industry is mostly occupied by online projects. We hope that Primalbase will change it by providing blockchain developers with physical platform for working on their projects. They will be communicating not only online, but also offline, which will surely contribute to further development of technology.
Quite recently we have launched the Blockchain Institute, we find it very important for Blockchain developers to have their own infrastructure. It will bring benefits to those who purchase membership, and to those who will be provided our tokens as a contribution to development of their projects.
It doesn’t mean, however, that our team will be trading tokens on exchanges seeking to make profit, absolutely not. Tokens will be rented out for a certain period of time to prominent Blockchain tech ambassadors.

Best Regards,

Alexander, Community Moderator.

Thanks for your answer Alexander, that's really great news, I can't wait for the announcement. Thumbs up!

Hello codemanX!

Thanks for your question, as you might know, the tech development is a very complex process especially when you are to develop something completely new that didnt exist before. Just like the leasing of a digital token. The architecture turned out to be a bit more difficult than we expected. And thus we now plan it for being released this month (in December).

So stay tuned!

Alexander, commumity moderator.

Yes, you are right, all the investors like to see weekly or monthly reports from the dev team since they want to know if there investment are still safe and profitable, I think this project was very famous several month ago, and I am waiting to see the price going up in the next months.

When will token leasing be available on the platform? Please post the Slack link.

Nice to see you guys are back on Bitcointalk, that's highly appreciated. Do you have any news about the Lendig App which should be released last September?

Hi!

Thanks for the answer. Regarding the offices in Asian countries, we will let our community vote on future locations so we can make happy the most people possible.

Best regards, Alexander.

Community Moderator.

They're planning to have one in Singapore around Autumn 2018. You can visit their website to see their offices list.

The recent developments are great and the project seems to be on the track but only price rise will make ico investors happy which will still take many months i guess.

It is good to see that offices has been built in key cities. I am just curious whether there are any plans of pulling this off in any Asian country such as Hong Kong or Singapore or maybe Macau, Manila, or Shanghai. Love to see these improvements be built in Asia.

No mention of token leasing. 

Hi,

The next office after Berlin will be in London! Which is upcoming in Spring 2018.

Best Regards, Alexander.

Community Moderator.

Great to see that the Ethereum Gateway is nearly ready and already under stress testing on the testnet. "Publicy released this week" sounds nice!