Primalbase Tokens (PBT) are a cryptocurrency that lies at the heart of the Primalbase system.
For those of you not in the know, this is a form of virtual currency that functions outside of traditional banking systems. Cryptocurrency is decentralised, electronic funding, and the concept has taken on huge popularity in the near-decade since the announcement of Bitcoin.
The PBT system is one such currency, but stands out from the crowd because of the innovative new product it represents. As shared workspaces become more commonplace, Primalbase users are being given the chance to use PBT as a means to accessing workspaces in new and exciting locations around the world.
Let’s take a closer look at how this new currency will operate, within the framework of the Primalbase system:
As sales of PBTs are carried out, and marketing gathers momentum, the money made from these tokens will be used to set the operation up on sure footing. It’s a win-win situation, as well, as buyers can use the tokens to access the shared workspaces that make this system what it is. We build a community around the buying, selling, and trading of PBT currency, and that community helps to establish us with capital.
With the use of PBT, however, these different services will be trackable in terms of their value.
Renting out a shared workspace for a certain amount of money to a non-user, for example, instantly gives that space value. Similarly, as the company grows, these can also be used to gauge its profitability, overall.
Making a monetary investment into a system plays off of that system’s value, as mentioned in our second point.
So, as Primalbase grows its user base and facilities, so the value of PBTs will begin to grow or recede in value, accordingly.
One example is changes in affiliate facilities, such as bars and event spaces, associated with Primalbase hubs. As these are introduced, token investments will promote better, more extensive Primalbase services.
The entire reason Primalbase is so compelling is that workspaces are made available across the world. Users have access to broadband internet and various amenities, all at the drop of a token.
Each token allows one person access to a registered Primalbase location, no matter where it is. Users wanting to use private office spaces can buy four tokens for premium access. Tokens can also be sold or rented out, and each token is also divisible, making them extremely versatile.
Are you a cryptocurrency enthusiast who wants to know more about our underlying WAVES protocols, or a newcomer to this tech? Comment below and tell us what you think!
