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Author Topic: [ANN] Providence (PVE) 100% Cashless & Physical Crypto Casino & Resort  (Read 11698 times)
aalmina82
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September 19, 2017, 01:10:13 PM
 #41

Hi

What we get with gold and silver card? What is my benefit?  Cool
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luigii
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September 19, 2017, 01:20:34 PM
 #42

So as I assume people who come to your casino can pay with your token via blockchain transaction?

Hey KRT96

yes, that is correct!

Essentially, here is a scenario:

You have some form of cryptocurrency (BTC, ETH) and you come to the Providence Exchange (our own proprietary exchange) either online from your home or when you are on the spot (you will also connect online because you will need to create an account up there which will have a wallet).

You can then exchange your BTC/ETH for PVE tokens and essentially use the tokens in the whole Providence Complex. Let's say you arrived at Providence, checked in and want to go into the casino. You will then have an option inside the exchange to BUY-IN chips. Real physical casino chips in USD counter value. You get 1,5% more chips then you bought (our incentive mechanism). Then you choose the desired table, let's say POKER TABLE and a sit in at the table and the croupier will just grant you the chips an and you are able to play along as much as you are feeling lucky (or skillful)

Then, the process goes in reverse. You cash out the chips and they automatically come back into your Exchange wallet. You can then get back to BTC or stay in PVE, go to a restaurant and pay yourself some good caviar and champagne with the winnings in PVE chips Wink



Hi

If I can something to ask.

You said in reverse process... You cash out the chips and they automatically come back into your Exchange wallet.... Can you make pay out in the real money?  Roll Eyes


Our focus is on cashless and crypto. So we will direct our activities on mostly crypto operations as this will be our core business model for the initial launch. However, we are in discussions with a few banks for FIAT liquidity. But with that also comes several legislative parts which are also tied to jurisdictions and the player/guest who wants to cash out in that way. We will surely announce more details along the way on this aspect.

luigii
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September 19, 2017, 01:26:03 PM
 #43

So as I assume people who come to your casino can pay with your token via blockchain transaction?

Hey KRT96

yes, that is correct!

Essentially, here is a scenario:

You have some form of cryptocurrency (BTC, ETH) and you come to the Providence Exchange (our own proprietary exchange) either online from your home or when you are on the spot (you will also connect online because you will need to create an account up there which will have a wallet).

You can then exchange your BTC/ETH for PVE tokens and essentially use the tokens in the whole Providence Complex. Let's say you arrived at Providence, checked in and want to go into the casino. You will then have an option inside the exchange to BUY-IN chips. Real physical casino chips in USD counter value. You get 1,5% more chips then you bought (our incentive mechanism). Then you choose the desired table, let's say POKER TABLE and a sit in at the table and the croupier will just grant you the chips an and you are able to play along as much as you are feeling lucky (or skillful)

Then, the process goes in reverse. You cash out the chips and they automatically come back into your Exchange wallet . You can then get back to BTC or stay in PVE, go to a restaurant and pay yourself some good caviar and champagne with the winnings in PVE chips Wink



Hi

If I can something to ask.

You said in revers process... You cash out the chips and they automatically come back into your Exchange wallet.... Can you make pay out in the real money?  Roll Eyes

My opinion and what I understand, you cannot get real money, just you will get in Crypto currency which you chose. Right?

I read in white paper, on page 16, you can see image and you will understand.  Wink

Check my reply above. But you are correct, the core workings will be around crypto. Also, it depends on our liquidity of another crypto in the casino bankroll. PVE and BTC for sure always.

ekurtovic
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September 19, 2017, 01:28:16 PM
 #44

So as I assume people who come to your casino can pay with your token via blockchain transaction?

Hey KRT96

yes, that is correct!

Essentially, here is a scenario:

You have some form of cryptocurrency (BTC, ETH) and you come to the Providence Exchange (our own proprietary exchange) either online from your home or when you are on the spot (you will also connect online because you will need to create an account up there which will have a wallet).

You can then exchange your BTC/ETH for PVE tokens and essentially use the tokens in the whole Providence Complex. Let's say you arrived at Providence, checked in and want to go into the casino. You will then have an option inside the exchange to BUY-IN chips. Real physical casino chips in USD counter value. You get 1,5% more chips then you bought (our incentive mechanism). Then you choose the desired table, let's say POKER TABLE and a sit in at the table and the croupier will just grant you the chips an and you are able to play along as much as you are feeling lucky (or skillful)

Then, the process goes in reverse. You cash out the chips and they automatically come back into your Exchange wallet. You can then get back to BTC or stay in PVE, go to a restaurant and pay yourself some good caviar and champagne with the winnings in PVE chips Wink



Hi

If I can something to ask.

You said in reverse process... You cash out the chips and they automatically come back into your Exchange wallet.... Can you make pay out in the real money?  Roll Eyes


Our focus is on cashless and crypto. So we will direct our activities on mostly crypto operations as this will be our core business model for the initial launch. However, we are in discussions with a few banks for FIAT liquidity. But with that also comes several legislative parts which are also tied to jurisdictions and the player/guest who wants to cash out in that way. We will surely announce more details along the way on this aspect.

thx for answer... my first thought is Dirty Money and someone will use you for this illegal operation.

Like you said, it is cashless, and for me better to stay like that.

nnekic86
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September 19, 2017, 01:30:35 PM
 #45

So as I assume people who come to your casino can pay with your token via blockchain transaction?

Hey KRT96

yes, that is correct!

Essentially, here is a scenario:

You have some form of cryptocurrency (BTC, ETH) and you come to the Providence Exchange (our own proprietary exchange) either online from your home or when you are on the spot (you will also connect online because you will need to create an account up there which will have a wallet).

You can then exchange your BTC/ETH for PVE tokens and essentially use the tokens in the whole Providence Complex. Let's say you arrived at Providence, checked in and want to go into the casino. You will then have an option inside the exchange to BUY-IN chips. Real physical casino chips in USD counter value. You get 1,5% more chips then you bought (our incentive mechanism). Then you choose the desired table, let's say POKER TABLE and a sit in at the table and the croupier will just grant you the chips an and you are able to play along as much as you are feeling lucky (or skillful)

Then, the process goes in reverse. You cash out the chips and they automatically come back into your Exchange wallet . You can then get back to BTC or stay in PVE, go to a restaurant and pay yourself some good caviar and champagne with the winnings in PVE chips Wink



Hi

If I can something to ask.

You said in revers process... You cash out the chips and they automatically come back into your Exchange wallet.... Can you make pay out in the real money?  Roll Eyes

My opinion and what I understand, you cannot get real money, just you will get in Crypto currency which you chose. Right?

I read in white paper, on page 16, you can see image and you will understand.  Wink

Check my reply above. But you are correct, the core workings will be around crypto. Also, it depends on our liquidity of another crypto in the casino bankroll. PVE and BTC for sure always.

if I help to explain, no problem, and other time. Wink
_J_Newman
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September 19, 2017, 01:31:56 PM
 #46

Will the resort be available only to gamblers or it will be open to everyone?
luigii
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September 19, 2017, 02:10:26 PM
 #47

Hi

What we get with gold and silver card? What is my benefit?  Cool

Hi aalmina! Excellent question!

1)The cards are melted and crafted from 18 Karat Gold and Silver Sterling. Hardening, calcination at the right temperature to make the cards what they are, peerless gems!
2)It will be linked to Providence Exchange
3)Extra goodies and perks will be announced along the way (discounts, priority pass) and we are in discussion for more benefits
4)They are limited edition and only pre-sale contributors will have them.

luigii
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September 19, 2017, 02:16:34 PM
 #48

Will the resort be available only to gamblers or it will be open to everyone?

The resort will be open to every single guest. Although the casino will be the main economic driver, we rely on the fact that many tourists and guests will come despite the casino to enjoy all our other facilities that we will offer at the resort. Moreover, all the revenues from streams other than the casino will also be in conjunction with the reward system.

Desmozgenes
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September 19, 2017, 02:26:51 PM
 #49

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!


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luigii
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September 19, 2017, 03:14:02 PM
 #50

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!



Hi Desmozgenes!

Yes, this is an experience we want to provide to the crypto enthusiasts. One part of the whitepaper has a scholar article that refers to those same effects that players have at a physical location casino. Smiley

clixcoin
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September 19, 2017, 03:17:55 PM
 #51

This is brilliant idea to push the cryptocurrencies to the mainstream this will be a new experience for people to try this type of gambling. All token holders will get chance to visit this casino when it will open its doors for public?



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luigii
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September 19, 2017, 03:31:28 PM
 #52

This is brilliant idea to push the cryptocurrencies to the mainstream this will be a new experience for people to try this type of gambling. All token holders will get a chance to visit this casino when it will open its doors for public?

Thanks clix!

Yes, we believe that more bridges between the digital and physical domain like ours will surely just add up to the general acceptance of cryptocurrency throughout all businesses and activities. Gambling and gaming industry is, after all, one of the major drivers of the “consumption” in crypto-economy at this point although more in the digital fashion so we think this project will position us well on the market.

Regarding your question, absolutely yes! All token holder can visit the Providence premises, moreover, we encourage them to do so  Smiley

nnekic86
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September 19, 2017, 04:56:13 PM
 #53

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!



Hi Desmozgenes!

Yes, this is an experience we want to provide to the crypto enthusiasts. One part of the whitepaper has a scholar article that refers to those same effects that players have at a physical location casino. Smiley

I thing about dealers, how they gone get tips?  Roll Eyes Roll Eyes Are they gone have wallet also?
luigii
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September 19, 2017, 05:16:29 PM
 #54

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!



Hi Desmozgenes!

Yes, this is an experience we want to provide to the crypto enthusiasts. One part of the whitepaper has a scholar article that refers to those same effects that players have at a physical location casino. Smiley

I thing about dealers, how they gone get tips?  Roll Eyes Roll Eyes Are they gone have wallet also?

Yes of course. Since all the games and tables are actually physical and there are chips involved, there is no one stopping a big "hot-streaker"  to share some of those chips back to the croupiers. They will just cash it in as regular gamers. Everybody can freely create an account on the exchange for that matter and buy-in, cash-out while on the premises. The physical interaction with the croupiers is a key part.  Wink


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September 19, 2017, 05:17:01 PM
 #55

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!



Hi Desmozgenes!

Yes, this is an experience we want to provide to the crypto enthusiasts. One part of the whitepaper has a scholar article that refers to those same effects that players have at a physical location casino. Smiley

I thing about dealers, how they gone get tips?  Roll Eyes Roll Eyes Are they gone have wallet also?

I guess you could give them chips,that they can later exchange for cryptocurrency.

And about that scholar article,thats exactly what caught my eye.Online casino is all fine and dandy but cant really compare with playing at real casino with friends,having a drink and cheering  at each other.Hence such high discrepancy between income from online casino and real one.

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LuckyCheetah
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September 19, 2017, 05:55:10 PM
 #56

Where the physical casino is going to be located?
nnekic86
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September 19, 2017, 06:01:09 PM
 #57

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!



Hi Desmozgenes!

Yes, this is an experience we want to provide to the crypto enthusiasts. One part of the whitepaper has a scholar article that refers to those same effects that players have at a physical location casino. Smiley

I thing about dealers, how they gone get tips?  Roll Eyes Roll Eyes Are they gone have wallet also?

Yes of course. Since all the games and tables are actually physical and there are chips involved, there is no one stopping a big "hot-streaker"  to share some of those chips back to the croupiers. They will just cash it in as regular gamers. Everybody can freely create an account on the exchange for that matter and buy-in, cash-out while on the premises. The physical interaction with the croupiers is a key part.  Wink



physical interaction with the croupiers is a key part... Exactly, that is key, if you play at home or somewhere else, is not same as playing in some casino with friends or someone else...

So croupier must have wallet for PVE...  Wink Wink Grin Grin
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September 19, 2017, 06:13:15 PM
 #58

Where the physical casino is going to be located?




Hi LuckyCheetah,

Unofortunately I can't disclose this information at the very moment. We agree that this information is something that you would expect to read in a project like this and we will disclose it after the pre-sale. But at the moment the core team and management decision is not to disclose the location of the physical premises. This is because we have several deals and due diligences running in the background, but also it is important for us to prepare a big announcement with much more details (location, licenses, and leases) leading up to the MAIN TOKEN SALE as a part of our communication strategy and brand positioning at that moment.

We are very transparent and in relation to the roadmap:
1) Certain milestones in the roadmap will be completed even before the main token sale.
2) All documents plans, license, location tenancy will be published on our Website BEFORE the main token sale even starts.

So you can be assured that this is as transparent and legitimate project as it can get (unlike some other token sales and projects where only an idea is mentioned, and no viable product is shown months down the roadmap and after the main token sale.)

We by no means stress you or anyone else to participate in the PRE-SALE if you are not confident in the project. You are more than welcome to participate in the main token sale instead once you are satisfied with the full disclosure. And it will be a very interesting disclosure and location!

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September 19, 2017, 06:21:09 PM
 #59

Definitely interesting idea,connecting physical casino and crypto currencies.

As someone who worked in the casino for a few years i understand importance of overall atmosphere,making it big part of experience.You got my attention for sure!



Hi Desmozgenes!

Yes, this is an experience we want to provide to the crypto enthusiasts. One part of the whitepaper has a scholar article that refers to those same effects that players have at a physical location casino. Smiley

I thing about dealers, how they gone get tips?  Roll Eyes Roll Eyes Are they gone have wallet also?

Yes of course. Since all the games and tables are actually physical and there are chips involved, there is no one stopping a big "hot-streaker"  to share some of those chips back to the croupiers. They will just cash it in as regular gamers. Everybody can freely create an account on the exchange for that matter and buy-in, cash-out while on the premises. The physical interaction with the croupiers is a key part.  Wink



physical interaction with the croupiers is a key part... Exactly, that is key, if you play at home or somewhere else, is not same as playing in some casino with friends or someone else...

So croupier must have wallet for PVE...  Wink Wink Grin Grin

Indeed he or she must! If they want the "tips", of course Grin

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September 19, 2017, 06:40:07 PM
 #60


Indeed he or she must! If they want the "tips", of course Grin

Wait, will the tips be like a tax on transaction, or your own free will to send coins?

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