– Decentralized Coworking model, built on Ethereum, Profile Protocols and Securities Tokens.

Water Street Profile Services Inc. unveils new Decentralized Coworking model enabling Peer-to-Peer Coworking on the Ethereum blockchain, putting Coworking in the hands of its Members.

Vancouver, Canada. – Feb 21, 2018 – Water Street Profile Services Inc. dba The Profile Coworking Business Club (established 2009) announces development of a Decentralized Coworking model “”, built on the Ethereum blockchain. This new coworking model will help to eliminate intermediaries and put office real estate ownership within reach of the common business office renter., will be in part implemented as Ethereum smart contracts, powering utility tokens that serve as network fuel and currency for services, workspace, and amenities within its membership.

Private funding, currently underway, will allow the company to complete development of and launch services to its current membership. In addition, the company is also exploring the viability of a Securities Token Offering (STO), to expand its network and purchase the company’s first commercial office building, which would be inserted into the decentralized network. In concept, the proposed securities tokens will be associated with The Profile’s corporate equity pool which will hold the property deed. As an example, members will pay rent, attend events, purchase meeting rooms, and earn tokens from fulfilling roles in the network, all contributing to the ecosystem of the They will then have the option to convert or trade utility tokens for securities tokens, essentially owning a share in the commercial property and the company.

“This is a profound offering for the common office renter, who are virtually excluded from this opportunity,” says Kevin Penstock, CEO. “The global value of commercial real estate is over $56 trillion and is held by very few. We see that as a problem. This new model will unlock value, distributing control and ownership of commercial real estate through a peer-to-peer decentralized platform not viable prior to the advent of Blockchain and the”.

In addition, the company formally announced an advisory board with the Erik Lagerway as Strategic Advisor. Erik is a serial entrepreneur with 20 years of subject matter expertise in building real-time communications and peer-to-peer software products and companies. He serves as an advisor to Blockchain technology startups, helping with business models, fundraising (pre ICO) and GTM strategies. Erik is also founder and served as Chair of the W3C ORTC Community Group & Co-Chair on the W3C WebRTC.

About The Profile

Established 2009 in Vancouver Canada, The Profile Coworking Business Club is The Future of Work and Innovation Workspace. We are revolutionizing how and where people work and fostering a social impact.  Profitable with 1500 members and growing. Hosted 100’s of events with notable members such as Uber, Shopify, Techstars, Intuit, Rally team and 100’s more. Expansion underway to open 250,000 square feet by 2020, includes a west coast brand and unique location strategy!  The Profile is now the creator of the decentralized platform and set of protocols, enabling affordable commercial real estate ownership for every willing participant.  As a primary node in the new network, The Profile will continue to rely on its foundation of elevating members experiences in ultimate workspaces, meeting, and networking lounges. Where the creative minds in business, art, tech and innovation come to meet.  We create, we work, we entertain, and we share.

Contact Information and Investor Relations;

Kevin Penstock, Founder/CEO,
Tel: (604-637-9726),


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#RaisingTheProfile: Vote Green Chair Recycling for BC’s Best Community Impact award

Keeping the areas clean in our lovely coworking spaces is a challenge in itself, but imagine what it takes to clean up after city-wide events while recycling as much waste along the way. Fuelled by people power (the cleanest energy there is!) #ProfileMember Green Chair Recycling has rocketed themselves into the press and into the local business awards.


You can help support this awesome social enterprise, by voting Green Chair Recycling for the Small Business BC Awards’ Best Community Impact.

We caught up with the founder of Green Chair Recycling Liliana Segal (pictured left), who can be found hotdesking at our Gastown location.

TeamProfile: What have been some of your biggest successes to date? 
Liliana Segal: We’ve had so many different kinds of successes it’s hard to pick one! At a few events, we have actually achieved 100% diversion which is always exciting. We have to thank the event organizers as they worked with us to ensure vendors followed our recommendations to make this happen. Cooperation is so important in our field. We love educating people about what they can recycle and how to avoid things you can’t. Every time a volunteer, outreach student or event goer says “I didn’t know I could recycle that!” we consider it a great success too! It takes everyone making changes to make the big change and we value all changes big and small.

Take a (small) breather and surround yourself with positive people and get back at it. We’ve got a world to change!

Green-Chair-Recycling-volunteersTP: What advice do you have for others in Vancouver’s social enterprise sphere? 
LS: Just keep at it.  It can be difficult at times to stay motivated; doors close and money can be lost but it’s not over! Always remember your mission and why you started doing your great work in the first place. Take a (small) breather and surround yourself with positive people and get back at it. We’ve got a world to change!

TP: How can people get involved with Green Chair and your mission? 
LS: Lots of ways! We always enjoy having new (and old) volunteers join us at events. Volunteers bring a great energy and it really adds to our fire. We post event opportunities and when we’re out in the community doing shoreline cleanups or similar events on our website and Facebook page so everyone is invited to follow along. But the most important thing anyone can do to get involved with our mission is to care for the environment! Educate yourself on where our materials come from and where they go. Refuse, reduce, reuse and recycle whenever you can and show people a zero waste (or minimal waste) lifestyle is possible!

We’re always learning and always growing

Green-Chair-Recycling-volunteers-2TP: What’s next for Green Chair Recycling? 
LS: Well we’re really crossing our fingers for this award! After that we’re doing a bit of restructuring based on what we’ve learned through experience and some business classes; we’re always learning and always growing. We’re going to up our social media presence and become a source of information about recycling and our environmental impact for everyone, not just those who deal with us directly such as event organizers and schools we’re delivering outreach to. We want to expand our reach to everyone!

You heard! Vote for Green Chair Recycling now and help them on their crusade to keep Vancouver green by following them on the socials, on Twitter and on Facebook  where you can hear more about their time at The Profile! Alternatively, book a tour on The Profile website, and come by The Profile Gastown, 375 Water St #200, Vancouver, BC V6B 5C6. To keep up to date with all things coworking, why not follow us on Twitter @theprofilevan, like us on Facebook @TheProfileVancouver, and add us on Instagram @theprofilevan

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Raising the profile: Build your own city with Mythical City Games’ new VR game, Skytropolis

Here at coworking and office space provider, The Profile, we talk commuter’s hell, the race to grab space, and the high-rising costs of skyscrapers. If you’re like us and have always wanted to put in your two cents about the design of Downtown, you can now put your money where your mouth is! Vancouver-based Mythical City Games has launched Skytropolis, a Virtual Reality (VR) vertical city building game where you create a mega skyscraper that contains an entire city inside of it.

The-Profile-Gastown-member-Jedrzej Jonasz-founder-Mythical-City-Games

Mythical City Games is a game development studio with a focus on intuitive and immersive VR design. Their new VR game that was created at The Profile Gastown this year has just launched on Steam and speaks to all Vancouver’s design dreamers and those city-centric.

We caught up with ProfileMember Jedrzej Jonasz (pictured left), founder of Mythical City Games, at our own Gastown location.

“[Vancouver] is the best place in the world to run a VR or AR startup”

Jonasz tells us,”Vancouver has an amazing indie game scene where the community helps to support studios and developers of all sizes. The VR and AR community has also grown over the past year to be one of the leaders in these industries and is the best place in the world to run a VR or AR startup.”

For those who want to know how to find TeamMythicalCityGames, they are in the room right beside the Express meeting room. Stop by and say hi, and try it out!

Have a go at playing God

Skytropolis-Screenshot02Want to know how to play? Here’s the story so far – You have secured a contract to build the world’s first vertical megacity. Start with a plot of land in the center of your city and build upwards into the sky, designing your ideal Skytropolis tower. Decide everything from the architectural design to every part of the interior. Do you maximize profit and use up resources from the surrounding city? Or balance sustainability by providing eco-friendly interiors and your own power generation. Be warned, the higher you build the more complex the city’s needs become. [TeamProfile: We think coworking spaces are an excellent solution to this problem!]

Skytropolis-ScreenshotThe Profile has seen past successes from Mythical City Games including when their first VR game Snow Fortress was selected by HTC to be one of their official demo games at all Microsoft and Gamestop stores across North America. So we can all look forward to their future works! Jonasz adds, “We are currently in development on new VR titles, such as our upcoming WW2 strategy game “Battle Fleet: Ground Assault” and the release of our game “Snow Fortress” on Sony’s PSVR platform.”

You can get the game with a 15% discount here: Skytropolis, or connect with Mythical City Games and hear more about their time at The Profile! Alternatively, book a tour on The Profile website, and come by The Profile Gastown, 375 Water St #200, Vancouver, BC V6B 5C6. To keep up to date with all things coworking, why not follow us on Twitter @theprofilevan, like us on Facebook @TheProfileVancouver, and add us on Instagram @theprofilevan
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Tech Panel & Techie-In-Residence Program @ The Profile

AskaTechie is partnering with The Profile to offer the Techie-In-Residence Program. Join us to learn more and hear from our Techies. Presented by Aliya at AskaTechie

We all understand the huge pain it is to find the right tech expert for your business, which is why there is AskaTechie. AskaTechie empowers Business Owners by quickly matching them with their perfect Techie to define, build and optimize their App, Website or Software so that they can confidently reach their next level of business success. Think of it as the eHarmony for finding technical talent!

Join us at The Profile to learn more about our exclusive Techie-in-Residence program we’re offering to our Co-Working space partners in both Vancouver and New York to get on-demand and onsite access to our amazing technical talent. Our CEO/CTO & Founder, Aliya Amershi, will be presenting along with some of our amazing Techies. So why search, when you can just ask!

The event is FREE and beverages will be served. NOTE that we do have limited space so get your ticket early.

Purchase your tickets HERE

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Founder Institute VIP Semester Launch Mixer

With just a few days left before the local Founder Institute semester begins, join us at this VIP event to meet the Directors, CEO Mentors, Founders, Applicants, and local Graduates that will take part in the program.

Get feedback on your ideas and tips on how to succeed in the program, and start building relationships with the people who will help you launch your dream company in the Founder Institute. Top local entrepreneurs and CEOs will be in attendance. Please note that this VIP event is reserved for accepted and enrolled founders of the Founder Institute entrepreneur training and startup launch program.

Who should Attend?

  • Anyone who has been accepted and enrolled in the Vancouver Founder Institute
  • Vancouver Founder Institute Mentors and Graduates
  • VIP Guests of the Vancouver Founder Institute  

This event is free to attend, but it is reserved only for people who have been accepted and enrolled in the Founder Institute.

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Startup Office Hours: Get Business Advice from Experts

If you have a startup or startup idea and would like to get feedback and guidance from top local entrepreneurs, then join this exclusive and public “Startup Office Hours” event.

At the event, attendees will have the opportunity to pitch expert CEO mentors and ask them questions about their business strategy, key decisions, next steps, and more. Don’t miss this opportunity to learn how experienced entrepreneurs would tackle the problems you or others are facing.

Who should Attend?

  • Anyone who wants feedback from leading local CEOs
  • Anyone who has an idea for a startup or an early-stage company
  • Anyone who wants to learn about entrepreneurship

What is the Agenda?

  • Welcome and Socializing
  • Introduction to the Founder Institute
  • Public Office Hours with Top CEOs
  • Group Q&A Session
  • Discussion and Drinks 
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Startup Funding 101: How to Raise Capital for Your Idea

Do you have a business idea or product that needs funding? Do you want to learn how startup funding works, what you need to do before trying to raise funding, and where you can go to get it?

Then join us for this beginner fundraising workshop, which will provide practical, step by step advice, and feature talks from entrepreneurs who have successfully raised money for their businesses, and investors actively funding businesses. Learn expert tips, big pitfalls to avoid, what investors are looking for, how equity works, and more. Join us for a great event!

What is the Agenda?

  • Welcome and Socializing
  • Talks from Entrepreneurs who have raised capital, and Investors who fund startups
  • Question and Answer
  • Introduction to the Founder Institute
  • Discussion and Drinks at a Local Bar or Restaurant

This event is free to attend. Join us for a fun evening!

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Engineer to Entrepreneur: Startup Basics for Techies

Are you an engineer that wants to build a meaningful technology company, but don’t know where to get started?

At the “Engineer to Entrepreneur: Startup Basics for Techies” event, you can hear candid talks by engineers-turned-entrepreneurs, sharing best practices, strategies and mistakes to avoid from those who have done it before. How do you get started on your entrepreneurial journey? How do you find talented people to join your team? What are the basic legal and financial concepts that you need to understand? What is it really like to build a successful company?

What is the Agenda?

  • Welcome and Socializing
  • Introduction to the Founder Institute
  • Talks on Founding a Company
  • Question and Answer
  • Discussion and Drinks at a Local Bar or Restaurant

This event is free to attend. Join us for a fun evening!

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Graduate Startup Panel & Networking Event

The Founder Institute is the world’s most challenging and effective step-by-step program to start a company.

Join us for an informational networking event where you can meet local Graduates that are building great startups. Learn the tips and tricks to building a company in Vancouver, and ask Graduates about their experience in the Founder Institute program. Then afterwards, join us for a networking session out on the town with local entrepreneurs where you can socialize with other entrepreneurs, meet potential co-founders, and most of all – have fun!

What is the Agenda?

  • Q&A Panel with Founder Institute Graduates
  • Short Presentation on the Founder Institute
  • Networking, Socializing and Drinks 

This event is free to attend. Join us for a fun evening!

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How to Start a Startup in Vancouver

Vancouver has a fast growing startup ecosystem, and entrepreneurs here are lucky to have so many resources available to help them in their journey.

However, many people don’t know about all of the resources available, the differences between them, or what resources are right for them. At “How to Start Up in Vancouver”, we will gather representatives from different entrepreneurial organizations, and top local entrepreneurs, to outline the local resources and provide tips on how to build a startup in Vancouver.

What is the Agenda?

  • Welcome and Socializing
  • Panel Discussion with Representatives from Top Local Organizations
  • Question and Answer Session
  • Discussion and Drinks at a Local Bar or Restaurant

This event is free to attend. Join us for a fun evening!

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