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How it works

Primalbase is a community of permanent and part-time members. Our permanent members own Primalbase tokens (PBT), which act as lifetime memberships. Token holders can use their tokens to book workspaces or they can lease their tokens out to part-time members via the Primalbase lease market. This means that token holders are able to earn money while other members get the fairest price possible.
Introduction

At first, there was a token

In 2017, we distributed our first 1000 tokens through a crowdfunding campaign (another 250 tokens remained with the company). These initial token purchasers became our first token holders. They are the ones who can decide to use, lease out or sell their Primalbase tokens. It’s a fully transferable lifetime membership—even on a temporary basis.
1250
Number of tokens
Estimated token price
Source: CryptoCompare
Step one

Choose your dates and get the best price possible

When you book a workspace or office, you’re leasing PBT from a token holder for the duration of your booking. Token holders set prices on their own, but our algorithm automatically matches you with the best price available for your chosen dates. To our UK guests, please note: this functionality is not available at our London location.
Step two

Book your desk using Ethereum

We chose to use a digital currency because it’s the ideal solution for all community members. This provides token holders with security and instant money transfers. At the same time, a digital currency allows us to create the lease market that incentivises token holders to set competitive prices. This is how we can ensure that you receive the fairest price possible. This all might sound a bit daunting at first, but you’ll quickly learn that paying in Ethereum (ETH) is quite easy.

How to pay with Ethereum

1. Get some Ethereum

Primalbase accepts payments only in Ethereum (ETH), so you need to get some first. If you already have it, feel free to skip to step 2. You can buy Ethereum for your preferred fiat currency (USD, EUR, GBP etc.) on any digital currency exchange such as Coinbase, Changelly, Kraken, Poloniex and many others. The process is usually straightforward, but it might take a few days to verify your identity there.

2. Transfer Ethereum to your private wallet

Now you need to transfer your ETH from digital currency exchange (see step 1) to your private wallet such as MetaMask, MyEtherWallet or Ledger. Avoid paying for your Primalbase bookings directly from exchanges as we won't be able to refund your payment in refund cases.

3. Pay for your Primalbase booking

To pay for your booking, you’ll need to transfer Ethereum from your private wallet (see step 2) to our unique ETH wallet which is shown on Payment details page.
Step three

Join the Primalbase community

The moment you arrive, you’ll see that Primalbase is more than just comfortable chairs in a modern workspace. It’s a chance to be part of a tight-knit community, meet like-minded people and attend eye-opening events.
Step four

Become a Primalbase token holder

Primalbase token holders are at the core of everything we do. After buying PBT, you’ll be able to book for free anytime, anywhere. And, when you’re out of the office, you can lease out your PBT and earn money from bookings made using your token(s).