First-ever Blockchain Real Estate Project — 3,000 BTC Cap Crowdfunded in 24 Hours on Waves Platform

default
ADVERTISEMENTS

Primalbase’s ICO campaign successfully completed. The shared office space blockchain sold out its tokens for 3,100 BTC in just over 24 hours. The team was able to sell 1,000 tokens  —  mostly at the bonus Day 1 rate of 3 BTC per token  —  to investors who recognised the strength of the business model.

“We are very grateful to all who participated early and provided strong support to this project. If you were unable to secure your token in time, please stay subscribed to our mailing list to keep informed about project developments and expansions. Although no further PBT sale will ever be carried out, related complementary projects will be launched to help increase the value of PBT for existing investors as well as provide upsides for any new participants.”  —  Primalbase Team.

“We’re seeing sustained interest in ICO tech, despite the ups and downs of the crypto markets,” says Sasha Ivanov, CEO of Waves. “It’s clear that ICOs are here to stay, and they have been a source of huge new interest in blockchain technology. We’re really pleased that Primalbase’s ICO has been a success, and that the project has been added to the growing list of initiatives hosted on the Waves platform.”

Building upon the well-established business model of shared workspaces, the Primalbase project transforms traditional office rental into a new-generation community-based ecosystem where one can share, sell or rent out high-quality office spaces using Ethereum and Waves-based digital tokens.

donate to Blockchain News

Waves Platform is a decentralized platform for launching crowdfunding campaigns and issuing digital assets. It is the largest blockchain project to originate from Russia. The Waves encryption platform is primarily designed to support the issuance, trade and exchange of digital assets/tokens using blockchain technology. The project is characterized by its emphasis on usability and widespread application. It is supposed to use Proof-of-Stake as its consensus algorithm. Waves Platform completed its Initial Coin Offering in June 2016, garnering more than $16 million (30,000 BTC).

About Richard Kastelein

In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ' The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write.

Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the EuropeanCommission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.

Visit Website
View All Articles
advertisementsBlockchain Education
Blockchain Expo North America 2020

blocktv

LIVE!

BLOCKTV is the premier televised news source for the blockchain and cryptocurrency community. They are a live, 24/7, TV news channel dedicated to premium reporting on the blockchain and cryptocurrency markets.


This site uses Akismet to reduce spam. Learn how your comment data is processed.