NEW*[ANN][ICO]*OFFICIAL*MORE*MEMBERSHIP TOKEN SALE*BITTREX EXCHANGE*

[nick-legendsroom]

Thanks Guy for the support.  We have had members from all over the world talk to us since the sale started on Tuesday night. We are getting a lot of questions so please post them here or email the site.  Responses are quicker that way.

[m4nki]

It is an interesting concept for sure! I am just wondering about the choice of making this an Ethereum based token as I think you could use a more simple solution for your purposes, e.g. based on Counterparty that has already established an easy to use infrastructure of verifying token ownership through mobile in an instant (e.g. Check the Indiesquare wallet).

You need easy to use mobile wallets for verifying membership token ownership for an entrant to the club in an instant. How are you looking to handle that right now with Ethereum?

[PokerBetting]

                             *LegendsRoom*Las Vegas*Gentlemen's Club*LGD Membership Tokens*
                                    
                                                ICO Link:https://bittrex.com/crowdfund/lgd

is good ico selling use bittrex in escrow or crowdfunding service
but youre coin without promotion, not open bounty payment use LGD coin, so is very dificult can succes in ico selling

[LegendsRoomLGD]

It is an interesting concept for sure! I am just wondering about the choice of making this an Ethereum based token as I think you could use a more simple solution for your purposes, e.g. based on Counterparty that has already established an easy to use infrastructure of verifying token ownership through mobile in an instant (e.g. Check the Indiesquare wallet).

You need easy to use mobile wallets for verifying membership token ownership for an entrant to the club in an instant. How are you looking to handle that right now with Ethereum?

There will be a rental smart contract.

That's the simple answer.

Nick explained things out from a functionality standpoint in layman's terms really well back in this thread a page.

I hope you buy a Membership to the 'LegendsRoom' on Bittrex while the price is reasonable now with the discount and all. Its people like you with keen knowledge of the various aspects of these Blockchains along with up to date insight into the latest development platforms and Blockchain Applications that we are going to want to keep close because I believe having knowledgeable volunteers could make up a really strong all volunteer dev team to help oversee a project like this post launch in order to continue to provide the best products available to the investors/members/traders of LGD Membership Tokens. Were not just selling memberships we are building a Community here also for the Blockchain aspects of this project.

                              *LegendsRoom*Las Vegas*Gentlemen's Club*LGD Membership Tokens*
                                     
                                                ICO Link:https://bittrex.com/crowdfund/lgd

is good ico selling use bittrex in escrow or crowdfunding service
but youre coin without promotion, not open bounty payment use LGD coin, so is very dificult can succes in ico selling

Thanks for the suggestion.  We have partnered with a few websites like ICOTimeline, Coinmarketcap and a few others. We also have celebrity influencers who are tweeting and posting. We also have a full time PR firm working on the project as well. If you have a large following and would like to be considered, we'd welcome hearing from you.

[scolary23]

i will try this coin and i hope more than better

[darkenedsoul]

Ok, this looks very promising! However, I do have some very specific questions in regards to the rental program:

1. What rates will be offered to non members for rentals? Not necessarily price point, but will it be hourly?
2. How will you decide which membership offering a rental will be the one that is rented out to a customer? Will it be split amongst all members enrolled in the rental program, or chosen at random?
3. Since you are offering to pay out in BTC or USD for all proceeds, what level of transparency will be offered to show how much revenue was generated from rentals?

Looking forward to hearing back, very interested in this. But have concerns about rate of return on the rental program.

[nick-legendsroom]

Rates are going to vary....On nights when a big celebrity is appearing or there is a UFC fight, rates will be higher than a regular Tuesday night.  Keep in mind that in Vegas tables for one night can go for a few thousand dollars in some clubs. Not saying we are going to get that but that is what the market will bear here.

Rentals are set for 12 or 24 hours. The member sets the terms and if they wish the price.

Rentals will be first in/first out. Members will enroll in the rental program and we will use those. Not all members will enroll in the rental program. Not all of the people who have purchased tokens will have enough for a membership and will use in the main room.

We will publish the rental rates for our members on the Legends app and the Legends-Member website.

Have you seen this video? https://www.youtube.com/watch?v=KjuCu1ZfQfg

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 small fee does apply if using the in house rental program.

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 BTC or USD. Owners may request funds once the balance reaches $500.00

Ok, this looks very promising! However, I do have some very specific questions in regards to the rental program:

1. What rates will be offered to non members for rentals? Not necessarily price point, but will it be hourly?
2. How will you decide which membership offering a rental will be the one that is rented out to a customer? Will it be split amongst all members enrolled in the rental program, or chosen at random?
3. Since you are offering to pay out in BTC or USD for all proceeds, what level of transparency will be offered to show how much revenue was generated from rentals?

Looking forward to hearing back, very interested in this. But have concerns about rate of return on the rental program.

[darkenedsoul]

Thanks for the quick response!

So the members will be able to set the terms. That sounds very interesting.

Looking forward to this!

[smokim87]

the project is different from others , it will be useful in the real world. It is interesting, we need to support it

Bittrex will host 30,000,000 LGD tokens - each token will be worth 0.00087000 BTC

No way their selling 6000 memberships but if they do that's 30M bucks...

[tehMoonwalker]

i dont really get it, i live far away from us so the only reason for me would to "rent" this membership out.

1. are there any roi statistics on renting this out?

2. do you need too do something with your 5k or just hold it like a masternode?

3. why not just offer normal club memberships? why u need a coin?

4. what is the benefit of renting memberships if other people can just buy the coins on exchanges?

[nick-legendsroom]

Good questions!

There isn't ROI yet because it is too new.  But look at what tables cost in LV for one night. Thousands.

You don't need to do anything. We have a members rental program.

We don't need a coin. Except we want members to have liquidity. You can't sell a normal club membership very easily. When you are done with your LGD then you can sell it on Bittrex.   No interference from any third party. That cannot be done anywhere.

Can other people buy enough coins on exchanges?   We expect to add other Legends Rooms in different cities. Plus some members don't rent out the memberships...they aren't crypto savvy. We also have some companies buying memberships. They aren't renters either.

i dont really get it, i live far away from us so the only reason for me would to "rent" this membership out.

1. are there any roi statistics on renting this out?

2. do you need too do something with your 5k or just hold it like a masternode?

3. why not just offer normal club memberships? why u need a coin?

4. what is the benefit of renting memberships if other people can just buy the coins on exchanges?

Regarding the 6000 memberships, we don't expect to sell them all in the sale. Remember there are TWO clubs in the Legends Room...the main room where you can use LGD for 20% off of everything and the VIP-Membership Room that requires a a balance of 5000 LGD. There are people buying small amounts to use.

[josefelix]

so what this tocken is usefull for ? dont understand ,this is private club for users? thanks alot for your clarifications, wish all the best for this project!

[nick-legendsroom]

Tasha answers all of your questions!
https://www.youtube.com/watch?v=KjuCu1ZfQfg

[vingaard]

Ok... I'm in... I've invested some BTC 

Good luck with your project

[LegendsRoomLGD]

Ok... I'm in... I've invested some BTC 

Good luck with your project

Thank you, and Welcome!

[guybouchard]

Welcome to the best party on crypto! I've been long and strong since it got announced. This one is a winner for me but I love Vegas, hot porn stars and booze.   $LGD all day!

Ok... I'm in... I've invested some BTC 

Good luck with your project

[guybouchard]

Hey Nick...love the new site  www.legendsroomlv.com  looks great.

[burwell39]

I've just bought some tokens on the bittrex exchange . It sounds good for luxury room for gentlemen .
I hope this project will attract more rich persons to join and relax here.

[LegendsRoomLGD]

Hey Nick...love the new site  www.legendsroomlv.com  looks great.

+1

I've just bought some tokens on the bittrex exchange . It sounds good for luxury room for gentlemen .
I hope this project will attract more rich persons to join and relax here.

Thank you!!

Now is definitely the right time to pick them up.

Looking forward to some serious LGD trading on Bittrex after this Membership Token Crowdfund (ICO) concludes near the end of May. 

[Zggdrasil]

On website

There will only be 3,000 memberships sold forever. The remaining tokens will be available for purchase to use for club services only.

Here you say that will be 6,000 memberships sold. So which one is correct