LegendsRoomLGD (OP)
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April 24, 2017, 02:26:16 PM Last edit: April 25, 2017, 02:28:32 AM by LegendsRoomLGD |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs28.postimg.org%2Flefdrntkd%2FLGD.png&t=661&c=H8s07N3awwOPOQ) Correction;6000 MembershipsThanks for pointing that out. Our graphics designer in the UK has been notified now in this regards.
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gerbas
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April 24, 2017, 02:44:35 PM |
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So, which algorithm will be used for this? And also what about the social media campaign?
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DERCRYPTOGERMANBRO
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April 24, 2017, 06:22:08 PM |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs28.postimg.org%2Flefdrntkd%2FLGD.png&t=661&c=H8s07N3awwOPOQ) 3000 Thanks for pointing that out. Our graphics designer in the UK has been notified now in this regards. But there are coins being offered worth 6000 memberships (30 million / 5000 = 6000) so how it will be 3000? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) (got 5k Tokens, whats why i want to know if i have to register or something) Interesting Project ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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LegendsRoomLGD (OP)
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April 24, 2017, 08:01:40 PM Last edit: April 25, 2017, 02:26:58 AM by LegendsRoomLGD |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs28.postimg.org%2Flefdrntkd%2FLGD.png&t=661&c=H8s07N3awwOPOQ) 3000 Thanks for pointing that out. Our graphics designer in the UK has been notified now in this regards. But there are coins being offered worth 6000 memberships (30 million / 5000 = 6000) so how it will be 3000? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) (got 5k Tokens, whats why i want to know if i have to register or something) Interesting Project ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Correction: There will be 6000 Legends Room Memberships Available. Awesome to hear that you got 5k LGD Tokens. A verified Bittrex account is needed in order to obtain LGD Tokens I would believe that should be enough readily available personal information about you for the moment we will keep you notified regarding any developments.
So, which algorithm will be used for this? And also what about the social media campaign?
LGD are Standard ERC20 Tokens. We are working with ICOTimeline and is currently in charge of promotion however we always welcome suggestions which you can submit through the Contact Section of the website https://legendsroomlv.com or PM here.
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FuzzyDunlop620
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April 25, 2017, 12:15:03 AM |
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------"I would think the most logical answer would be the first 3000 people to buy 5000 LGD Membership Tokens or more would fall into the Official Members Category. The rest of the LGD ------ Tokens will be available to purchase to use for club services."
So, first of all this project looks great. I loaded up on 10k tokens and am super excited, but I guess I'm not understanding something. If you sell more than 15,000,000 tokens during the ICO how are you going to know who the first 3,000 members are? Also, if there are another 15,000,000 coins floating around for club use can't people just acquire 5,000 at the market price and become members? See the problem? How are you limiting it to 3,000 members if anyone can just pick up 5,000 coins when the club really takes off? These tokens are fungible, right? So, if one token is the same as another then you're going to have substantially more than 3,000 members. Also, if I dip below 5,000 am I not a member anymore? Do I have to re-up on the open market?
I was instantly attracted to this project the moment I saw it. The team looks great, the idea is visionary, but I've read everything I can find out there and I can't find anything about how the 3,000 members are going to be determined. This issue is heightened when you consider there are 15,000,000 additional, identical coins for daily use at the club. See what I mean?
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LegendsRoomLGD (OP)
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April 25, 2017, 02:21:33 AM |
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------"I would think the most logical answer would be the first 3000 people to buy 5000 LGD Membership Tokens or more would fall into the Official Members Category. The rest of the LGD ------ Tokens will be available to purchase to use for club services."
So, first of all this project looks great. I loaded up on 10k tokens and am super excited, but I guess I'm not understanding something. If you sell more than 15,000,000 tokens during the ICO how are you going to know who the first 3,000 members are? Also, if there are another 15,000,000 coins floating around for club use can't people just acquire 5,000 at the market price and become members? See the problem? How are you limiting it to 3,000 members if anyone can just pick up 5,000 coins when the club really takes off? These tokens are fungible, right? So, if one token is the same as another then you're going to have substantially more than 3,000 members. Also, if I dip below 5,000 am I not a member anymore? Do I have to re-up on the open market?
I was instantly attracted to this project the moment I saw it. The team looks great, the idea is visionary, but I've read everything I can find out there and I can't find anything about how the 3,000 members are going to be determined. This issue is heightened when you consider there are 15,000,000 additional, identical coins for daily use at the club. See what I mean?
Guys, my mistake. I just clarified with the Legends Room team and the correct number is 6000. They will be updating the website.
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nick-legendsroom
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April 25, 2017, 05:57:41 PM |
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nick-legendsroom
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April 26, 2017, 03:40:58 PM |
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JasonXG
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April 26, 2017, 05:41:31 PM |
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I think this is so cool.I wish I was one of the rich elite so I could get a membership. you can make profit while having fun coming and going as you please. You can even bring a guest or borrow your card to someone.
Will you ever open up or use someone else's hotel at discount for members ?
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DERCRYPTOGERMANBRO
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April 26, 2017, 06:38:27 PM |
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I hope the Legendsroom one day will have multiple Legendsrooms all over the world in different countries ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Imagine that, maybe in berlin , paris ... So your membership can help you travel the whole world without having extra money for hotels. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) (Only if you want to sleep drunk between adult movie stars ofc ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) )
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FuzzyDunlop620
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April 26, 2017, 10:16:39 PM |
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Just a couple other questions about this amazing project:
Is there some kind of major marketing push to make the public aware of the project? The sale of tokens appears to be stagnating. Bittrex is great and all, but it's barely a top 10 exchange. Do Poloniex or Kraken sell ad space? It might be useful to submit links to various subreddits because as of right meow I haven't seen any. Maybe some of Mr. Bonnar's friends and other UFC fighters should be posting about this project on their IG's. Or Dan Bilzerian, Joe Rogan, or Dana White for that matter. Guys like Joe Rogan have millions of listeners. Rogan had Andreas Antonopolous on his 3 hour podcast 3 times over the past several years and he's certainly a bitcoin fan. Not to mention all of the retired UFC fighters with podcasts. Has the team even considered reaching out to people like this?
Also, I thought I read "over 500 memberships" had been sold to other Vegas hotels and businesses so they could loan the memberships to high level guests. Is this still happening? Are there behind the scenes developments that we aren't seeing? Because if there are, it'd be good to see them.
Last, when is the club anticipated to open?
I'm not trying to armchair quarterback or be a stick in the mud. I fully support the team and the project (10k tokens). I'm just pointing out it looks undeveloped from a certain perspective. I've seen one very amateur YouTube video, a couple adult actresses making short promo vids, a website with some spelling/grammar errors, an IG that's growing but doesnt have much, and very few news articles. When you realize the tokens aren't really selling, it's a second attempt at an ICO, there's limited exposure, and it's only partnered on a second tier exchange, I'm wondering what the plan is moving forward.
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LegendsRoomLGD (OP)
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April 27, 2017, 02:39:42 AM |
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I think this is so cool.I wish I was one of the rich elite so I could get a membership. you can make profit while having fun coming and going as you please. You can even bring a guest or borrow your card to someone.
Will you ever open up or use someone else's hotel at discount for members ?
The LegendsRoom will open the end of May. As soon as an exact date is set or communicated to us it will be posted. You can read about Members Discounts and all there is to offer in the OP & the website. As more more becomes available we will let you know and update accordingly.
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LegendsRoomLGD (OP)
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April 27, 2017, 03:17:24 AM |
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I hope the Legendsroom one day will have multiple Legendsrooms all over the world in different countries ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Imagine that, maybe in berlin , paris ... So your membership can help you travel the whole world without having extra money for hotels. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) (Only if you want to sleep drunk between adult movie stars ofc ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ) Multiple venues t some point have been a topic of discussion. The focus is currently on this Membership Token Offering for the LegendsRoom Las Vegas anything other than that would shift focus away from doing the best job possible in making The LegendsRoom Las Vegas the Premier Gentleman's Club in the world. I doubt anyone too drunk will be allowed inside instead Nick would make sure they get back safely to where they are staying and welcome them back the next day. Safety comes first always. Your concept and vision has merit.
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nick-legendsroom
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April 27, 2017, 05:14:42 AM |
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We've always been happy to give refunds. If someone comes to the Legends Room and doesn't like it, we will refund their membership in full right there. Regarding marketing, we have a slate of PR coming out in conjunction with the trading of the token at the end of the presale. It's discussed in some detail on the website.
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mastertrader777
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April 28, 2017, 07:15:42 PM Last edit: April 28, 2017, 07:49:21 PM by mastertrader777 |
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Can you guys explain this in detail a bit more?
"Once the presale is over, any unsold tokens are returned to the Legends Room who will sell them at either $5000 per membership ($1 per token) or the market price on Bittrex."
The reason I ask this because your whole distribution math was flawed in graphics - and the website, and honestly if you guys are that bad with numbers...who is in control of the leftover LGD?
Thanks!
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qero
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April 28, 2017, 09:51:55 PM |
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From ICO page Bittrex will host 30,000,000 LGD tokens, representing 6000 memberships to the Legends Room. Until May 15th, each token will be worth 0.00087000 BTC which is approimately a 15% discount when BTC is $1150. This is to protect against price fluctuations of BTC over the presale period. Once the presale is over, any unsold tokens are returned to the Legends Room who will sell them at either $5000 per membership ($1 per token) or the market price on Bittrex.
As I understood you will sell all unsold tokens after crowdsale. Will you freeze your tokens or will start selling unsold tokens at the day of market opening? What about price dump in this case?
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LegendsRoomLGD (OP)
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April 29, 2017, 02:29:28 AM |
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Can you guys explain this in detail a bit more?
"Once the presale is over, any unsold tokens are returned to the Legends Room who will sell them at either $5000 per membership ($1 per token) or the market price on Bittrex."
The reason I ask this because your whole distribution math was flawed in graphics - and the website, and honestly if you guys are that bad with numbers...who is in control of the leftover LGD?
Thanks!
This is a giant project with very important people well known to the public. A slight mix up with the graphics is nothing big, it was immediately corrected. The LegendsRoom is in charge of the left over LGD as stated. Nick Blomgren is in charge of the LegendsRoom.
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mastertrader777
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April 29, 2017, 02:35:16 AM |
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Can you guys explain this in detail a bit more?
"Once the presale is over, any unsold tokens are returned to the Legends Room who will sell them at either $5000 per membership ($1 per token) or the market price on Bittrex."
The reason I ask this because your whole distribution math was flawed in graphics - and the website, and honestly if you guys are that bad with numbers...who is in control of the leftover LGD?
Thanks!
This is a giant project with very important people well known to the public. A slight mix up with the graphics is nothing big, it was immediately corrected. The LegendsRoom is in charge of the left over LGD as stated. Nick Blomgren is in charge of the LegendsRoom. All that is well and good. Slight mix up across all boards is nothing serious ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ... I mean didn't a community member need to point that out? So basically what your saying is all unsold LGD will be dumped on the market? For market price, meaning your ICO buyers right now getting a 15 % bonus is to account for the 15% cheaper price these tokens will be after Nike Blomgren is done dumping the left over LGD. ( which at this point only 7XX,000 sold so far sounds like a shit show of a dump )! Is Bittrex really allowing this? Sounds a bit off. Man when I built MTR, I held off dumping the premine for over 2 years, and paid for everything out of pocket during the starting years of MTR and ToshiDesk. I will hold off on investing in the ICO - Sounds like straight garbage to me man. No disrespect, but this is about real money owned by real people...Dumping unsold LGD is just horrible to do in a fresh market....Have you guys ever ran a crypto currency before? What are your plans for the BTC you obtain dumping? You literally have no plan for it do you besides maybe putting into the club decor, or club coco for the guest?
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guybouchard
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April 29, 2017, 03:22:44 AM |
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I think you're missing the point. The majority of members like myself have no idea about crypto and could care less about the trading of tokens. They are there for the members only aspect of a private club and access to ufc types, porn stars, hot girls and various celebrities. I don't worry about the price because I'm a user not a seller. The club is selling memberships that are represented by a token and giving me something that I want. I happen to think the price of the token will rise because I know Vegas very well. In the Vegas universe, $5000 is cheap so I am glad the club is concerned about real money and real people. Did your token offer the owners any benefit in the real world? And you're links to Toshidesk point to empty pages so I guess your projects died? A little bit of PR buzz on a hot club in Vegas and the demand for memberships (and therefore the token) soars. It's an obvious home run IF you know the club market in Vegas.
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mastertrader777
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April 29, 2017, 06:16:01 AM |
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I think you're missing the point. The majority of members like myself have no idea about crypto and could care less about the trading of tokens. They are there for the members only aspect of a private club and access to ufc types, porn stars, hot girls and various celebrities. I don't worry about the price because I'm a user not a seller. The club is selling memberships that are represented by a token and giving me something that I want. I happen to think the price of the token will rise because I know Vegas very well. In the Vegas universe, $5000 is cheap so I am glad the club is concerned about real money and real people. Did your token offer the owners any benefit in the real world? And you're links to Toshidesk point to empty pages so I guess your projects died? A little bit of PR buzz on a hot club in Vegas and the demand for memberships (and therefore the token) soars. It's an obvious home run IF you know the club market in Vegas.
What I am concern of is being dumped on for participating in the ICO...That means the 15% discount was just a coy to bait us in to be slaughter? This is the point I'm trying to make - but Mr Crypto guy over there has no idea about Crypto trying to make a point that just fails to make any sense.
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