With the gig-economy in full swing and less and fewer people holding traditional jobs, the need for shared workspaces is constantly increasing. Freelancers need a place to work outside of the home, startups want the convenience of a temporary office without the hassles that usually come with it.
Coworking spaces do not always come cheap, though; and even when they do, not everyone's comfortable with adding an extra cost to an already cash-strapped budget.
Enters Primalbase, a Dutch startup that is aiming at transforming the traditional office rental into a community-based ecosystem where one can share, sell or rent out office space using blockchain-based digital tokens.
At the end of June, Primalbase organized an Initial Coin Offering (ICO). Users could get one Primal Base Token (PBT) for every three bitcoins spent, entitling them to a lifetime membership in one of Primalbase's coworking spaces.