The spirit of coworking allows you to find coworkers who are worth working with.
At Primalbase, we’re always looking to the future.
Our product stands out from the rest because of its tangible value (in Primalbase tokens) and innovative concept.
We understand, though, that it’s the first step in a long line of developments we’ll be making in this industry.
Looking ahead, we’ve committed to creating larger scale hubs that encompass more varied working environments, as we evolve the Primalbase product.
Have we piqued your interest? Let’s take a closer look, shall we?
Industry developments have been known to drive increases in real estate values. You only have to look at technology centres like Silicon Valley, California, or even CERN, in Geneva, to see how successful development clusters can affect the local property value.
Primalbase is aiming at working within this phenomenon, targeting the tech community specifically.
As a long-term method of generating revenue, it’s sustainable because it follows the natural link between geographical value and industry development.
But how do you, as a token holder, stand to make a return from this kind of setup?
We’re glad you asked!
Workplaces will offer rented areas and communal workplaces. It’s income from rent that makes for the larger return.
As we install and develop larger hubs, rent will remain a primary source of income for office managers. While shared workplaces will be for token holders, money from renters should cover any associated operating expenses.
Rental prices on property go up from year to year, influenced by things like inflation and the cost of maintenance. Our shared hubs will be subject to the same increases, as well as the growth in value of our cryptocurrency, the Primalbase token (PBT).
This means that property managers stand to grow their income by increasing rent to match the value growth of PBT.
Part of the profit made from affiliated ventures within the hub, such as bars or event spaces, will be given to the token holders themselves.
This is important, as we feel it provides an opportunity to grow the value of the property, as well, over time.
Office space is undergoing a transformation, as more property is being valued according to the industries that find their feet in the area.
At Primalbase, our goal is to create a community of like-minded business owners, looking for premium office space to work in.
We’ve already laid the groundwork for our future plans, with locations in five of the world’s foremost destinations for tech development. London, Berlin, New York and Singapore are all slated for opening between now and June 2018, with Amsterdam already up and running.
As the community grows, we will develop the concept further, based on business tasks and feedback from you. Everything from our all-inclusive hubs to the way our takens work will be geared towards improving the Primalbase experience.
Are you excited to start getting more out of your workspace? Which facilities do you value most in your work cluster? Let us know, in the comments below!
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