Regions and Markets that PrimalBase will first launch to
Primalbase wants to provide an innovating experience within the “shared workspace” industry not only by providing dedicated workspaces exclusively to Primalbase Token holders (and only PBT holders) but by providing these spaces in areas where demands for such services are growing. Targeting areas where such a service is needed is important for both the renters of these shared workspaces and the renters themselves as it provides security in the investment of the coin holders and real state owners.
For one, buyers of Primalbase Tokens need to be assured that these workspaces will be available in their areas while office space owners need to be assured that there’s a local market that will rent the space.
Below, we’ll be covering the initial 5 locations/markets that Primalbase will first be launching to (with additional locations being determined by shareholders of PBT).
Amsterdam
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First on the list is Amsterdam which is considered to be the "West Coast startup capital of Europe" (as described by Primalbase). Amsterdam is a highly active city when it comes to tech start-ups and is a prime location for Primalbase to introduce its innovate platform as there's such a large market of tech entrepreneurs seeking dedicated spaces for work.
Since the country has various programs that provide incentivized programs to company start-ups/founders, Amsterdam has quickly attracted international interest from investors coming from both new start-ups and established companies.
The first location in Amsterdam will be located at Helicopterstraat 25 1059 CE and will provide workspaces, private offices and meeting rooms.
Berlin
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Next on the list leads us to Berlin, Germany and it comes as no surprise as to why Primalbase has chosen Berlin as one of their locations. Berlin is considered to be one of the fastest (if not thee fastest) growing startup markets in the world with many entrepreneurs flocking to Berlin to launch many digital based companies annually.
Recent polls are predicting a total of 100,000 newly created jobs within Germany by the year 2020 which is quite impressive considering that this is in less than three years.
Between the relatively inexpensive cost of living, a heritage that involves hard work and innovation and an expansive community of tech entrepreneurs (over 60,000 Berlin residents work in the digital market), it's a great place for Primalbase to connect tech entrepreneurs with dedicated workspaces!
London, United Kingdom
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London has had the reputation for pioneering the technological start-up market with over 5,400 startups alone within the capital which to locals is known as the "Silicon Roundabout" located in the Eastern part of London. In fact, London is home to more startups than any other country located within Europe which has made it a prime market for the introduction of Primalbase.
Furthermore, the government is promoting and supporting the tech startups scene with one of their initiatives being the Tech City UK Upscale program and their reason for this is because the digital market growth accounts for 10% of their economy which is 2% higher than that of the US.
New York, United States
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New York has long been known for its entrepreneurship spirit not only for the real estate market but for digital/tech startups and it continues to thrive throughout these markets. Between the entrepreneur dominant city and its abundance of real estate, it's certainly a prime location for Primalbase to offer its platform and it will certainly disrupt this niche market (shared/rentable workspaces).
There are currently over 7,000 established tech related companies in New York alone with a 29% increase in growth just within the past 3 years alone.
Between the innovated spirit within the city and Primalbase's dedication to providing a platform for startups to have dedicated spaces for operations, New York will certainly be one of the most successful locations for PBT shareholders!
Singapore, Republic of Singapore
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The fifth and final location that users will be able to use PBT is Singapore, a country that some have known as the "Lion City". Singapore though isn't often times thought of as a tech startup economy although they're the only Asian country that was able to accomplish and maintain an annual growth of 7% or more consecutively for over 30 years!
It has since gained reputations in other areas and is now considered to be home to the friendliest business economy where tech entrepreneurs can freely express, create and act on their ideas. According to a study conducted by the Index of Economic Freedom in 2015, Singapore is considered to be the "freest economy" worldwide with another report (conducted by and released by 'Doing Business') claiming it to be the easiest country in the world to start and run a business.
Between these aspects, Singapore is definitely a go-to spot for tech entrepreneurs who are wanting to start and manage a business which means there's a vast market for Primalbase to target.
Conclusion
All in all, Primalbase has done their due-diligence and has done a great job at coordinating the initial locations. Between the growing economies of the 5 cities/countries and such a large demand for workspaces we have no doubt that Primalbase will be a huge success especially considering that they're going to be able to target a global audience right from the start.
- Bitcointalk: https://bitcointalk.org/index.php?topic=1930971.msg19169843
- ICO Website: http://primalbase.com/