Some say it's overpriced?
Share your thoughts.
They were caught lying about having Vitalik as a project advisor. Plus the premise itself is rather goofy. Shared office space? You don't need a blockchain to setup a service like that.
Seems like a quick money grab to me.
Do you guys even research before writing off their model? The tokens are more of a membership to Primal Base. You have access to a workspace in Primal Base locations anywhere in the world as long as you hold 1 Primal base token. You can rent out your token to others when you are not using it and earn rental income. You can also rent spaces in Primal Base via convenient methods but that is a pay as you go method.
This is how it is going to work. Suppose a person wants to rent an office space for 1 year at a Primal Base location (The demand will be high because they are targeting prime business locations around the world) and the booking price via fiat is $500/mo. You can offer a competitive price say $450/mo and earn passive income with your token. Keep in mind that the value of PBT is going to increase as the number of prime locations increase. So you have both token appreciation and passive income.