There is the whole timeshare aspect. You can rent your membership out when you are not there. When the club officially opens, the memberships are quoted on the price of bittrex. It was on the ICO page which I saved. The only place to get the membership is on the exchange.  If you don't want to spend for a whole membership, you can spend the tokens in the club and get 20% off. This is a genius way to get circulation of coins. Yes, I expect they will announce other clubs after vegas is up and running. I see tokens at $5.00 and am on the bid up to $2.50. These guys get stupid amounts of press and I also think tourists will buy tokens and forget them which will taken them out of circulation.  Check the twitter out. Some of their porn stars are going to accept $LGD for merchandise. If this takes off, it will dwarf the club business.  From the website

3. What is the membership rental program?
Members may rent their token and charge a fee. Some of our members do not live in las Vegas and will only visit once or twice a year. The program will allow them to potentially create revenue from the rental of tokens. Members may rent their membership themselves or through the Legends Room rental program. A Token ownership is required for entry into the VIP area. The VIP area is where our celebrity events will be held, our feature dances by top adult stars, and where our private booths and conversation areas are located.

Practically, speaking any patrons in the main club will require a rental of a token to visit privately with any of our entertainers.

Rental prices are determined by demand which will vary greatly. Celebrity appearances, major Las Vegas events, any UFC or championship boxing contest, conventions, certain holiday weekends will command higher entry prices.

Rental revenue will be collected and placed in the owners club account either in or USD. Owners may request funds once the balance reaches $500.00.

These prices are so low it's like an ico

This coin is going to $5 between now and the Mayweather fight. No doubt in my mind.  Connor MacGregor will bring tons of Irish. Mayweather brings his crowd. It's summer time too. People will go to Vegas just to enjoy fight week and the whole vibe.  See you at $5.00. And I think Connor will make a fight of it. It won't be pretty but he will hang in there.

So when Mayweather fights Vegas is sold out everywhere. Have you looked at hotel prices for the weekend of the fight. Now it is the first ever cross over for boxing and UFC in a boxing ring. James Toney fought Randy Couture in a cage years ago. Connor MacGregor is the biggest UFC star in the world. People will pay thousands to watch the fight on TV and party with celebrities. $LGD allows you to watch the fight with UFC stars and porn stars.  What will the premium tables cost for the night? $5000? $10,000? And remember that you need tokens to watch the fight with celebrities. I predict 10k for the best tables.  It sounds crazy but that is what people pay in Vegas.  It is also mayweather's last fight and he will be 50-0. Then there are the afterparties. Then there is fight week prior to the Saturday fight.  $LGD with its deep connects to the UFC will benefit I am guessing.

Damnit! Just checked this thing. Have been biddinging in the $1.00-$1.50 range. Won't ever see that again between now and the Mayweather fight in August. At least we still get to sit on Tasha Reign's lap.  And I almost upped my bid. F. People are realizing that $LGD is a real business unlike most coins. Bloomberg writing about it shows that finance journalists take it serious enough to cover. $LGD longer and stronger.

These guys get crazy press. When does Bloomberg write about a strip club?   Never.  Congrats Nick and co on killing it with media. This one is going to explode. See you in July and of course for Connor and Floyd.  $LGD longer and stronger.  Come to NYC and open a club next. 

The last Mayweather fight in Las Vegas.  I was there for the Manny P fight.  Vegas will be sold out and so will the Legends Room. Awesome news. Longer and stronger for $LGD.   

Pics with Kenna James look great. Was a Tasha Reign and Kat Dior fan but I am slowly getting converted to Team Kenna. Bonnar is damn lucky.  Long and strong for $LGD.

LGD

Right now it is quiet. There doesn't seem to be enough supply for a dump and not enough supply once the club opens.  One news article or tv show and this coin is much much higher. On the bid all day.   Boom!   Note the Legends Room reference.

http://www.ibtimes.com/nevada-just-became-first-state-squash-blockchain-taxes-2548475

I am on the bid all day at $1.00. You have to know Vegas and/or strip clubs to see what a deal this is.  If you've never been to Vegas or a UFC then it is harder to understand. It's all good.  There is also a difference in promoting a coin and promoting a club. Club promotion equals coin sales because they will sell the coin at the club. Coin promotion doesn't help the club but club promotion helps the coin.

It's a tease. Like the whole industry. They will hold some pop ups, put out some press, etc before a major opening night or weekend.  We already know they have major porn stars, famous UFC guys, rap stars attached to the club.  These guys know how to get press like nobodys business.  You don't think Stephan Bonnar won't have all of the UFC there? Think again. It's freaking Vegas and the UFC runs that town.

I think this is the calm before the storm. It's the weekend. I think we will see a huge press push over the next month as we get to the opening in early July.  They said something about a meet and greet with one of the girls this week which will be promoted.

Long and strong for $LGD.  When press comes out and then this place opens, this will be very interesting. Knew it was a winner.

Not feeling an obvious dump. Knowing Vegas the way I do and knowing strip clubs, these LGD tokens are really electronic dance dollars. The club pulls from what's in the market. So I'm buying on any dump because I have a good idea what will happen. There is a real world use of these tokens which no one else in the world has. This has $3-$5 written all over it.

so obvious....$LGD on bittrex. Thing is setting up to be a monster.

This $LGD is off to a great start. Not a seller of my membership. Will be a buyer next week if anyone wants to sell, message me. Will be an awesome summer in Vegas with these guys. I congratulate myself.

https://www.reviewjournal.com/business/new-gentlemens-club-hopes-virtual-currency-will-set-it-apart/


Mixed martial arts trainer Nick Blomgren is readying to battle his former employer, Cheetahs, on its own turf.
Blomgren, known as One Kick Nick, will open a new gentlemen’s club next month called Legends Room off the Strip.
The Las Vegas native, who has spent more than 20 years in the industry, is hoping a new marketing weapon — a virtual currency — will help him wrestle tech- and investment-savvy clients away from the strip club giants.
 
Blomgren and partners are selling club memberships for $5,000 that can be bought with bitcoin as well with cash and credit cards. Members in return will receive 5,000 LGD, a virtual currency created by Legends Room, that can be used to pay for lap dances and drinks.
Membership allows entry to a VIP room featuring adult entertainment and Ultimate Fighting Championship stars. Nonmembers will be required to purchase at least one token to enter the VIP room, which Blomgren hopes will create a market for the LGD virtual currency.
Members and other token holders will be able to sell their LGD for bitcoin on the Bittrex cryptocurrency exchange or for cash through the club’s concierge to those seeking access to the VIP room. Bitcoin and LGD are just two of many virtual currencies.
The daily price of LGD and bitcoin will be shown on club video monitors. Investors hanging out at Legends Room during trading hours will also be able to check the latest stock and bond prices on the club’s Bloomberg terminal.
Legends Room has been receiving calls from attendees of Money 20/20, a conference that focuses on payments and financial services innovation, according to Peter Klamka, who created LGD and manages virtual currency transactions for Legends Room. Money 20/20, which will be held in Las Vegas in October, attracts about 11,000 people.
The use of the virtual currency will help avoid embarrassing situations for patrons, said Blomgren, who has seen it all over the years as a bouncer, security manager and then general manager at Las Vegas clubs. He first entered the industry in 1985, later joining Cheetahs in 1993, then Paradise Club and Scores.
“Sometimes guys come in and spend $10,000 on a credit card. When they realize what they did the next day, they try to get charge backs so that their wives don’t know,” he said.
http://

Awesome coverage. $LGD forever.