[ANN] Providence (PVE) 100% Cashless & Physical Crypto Casino & Resort

[luigii]

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

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

No tax, the conversation was more leading from the question if someone can give the chips to the croupier. They can and it's their free will to do that The chips are physical and later on cashed out.

[1714130936]

1714130936

[ekurtovic]

so when someone win in casino, and get PVE, he/she can earn more if PVE increase price, right? 

[luigii]

so when someone win in casino, and get PVE, he/she can earn more if PVE increase price, right? 

That is correct ekurotvic! Of course the winnings at the moment have one some USD value and then you cash out into PVE. Here is where we will offer some extra abilities in regards to volatility protection or market uptrend. Check our blog post about this mechanisms: https://medium.com/@providence.casino/at-providence-you-are-protected-from-cryptocurrency-price-volatility-2c5d7c62c45a or the corresponding section in the Whitepaper

[DirkDiggler1911]

Interesting idea,looking forward to see how you implement it.

Will whole project start at full capacity,or there will be some stages like first starting with  casino,then later adding hotel,restaurant etc?

[ekurtovic]

so when someone win in casino, and get PVE, he/she can earn more if PVE increase price, right? 

That is correct ekurotvic! Of course the winnings at the moment have one some USD value and then you cash out into PVE. Here is where we will offer some extra abilities in regards to volatility protection or market uptrend. Check our blog post about this mechanisms: https://medium.com/@providence.casino/at-providence-you-are-protected-from-cryptocurrency-price-volatility-2c5d7c62c45a or the corresponding section in the Whitepaper

ok, I read it.. it is very good, protection of 72h if price PVE go down. But what if go up? 72h protection also?

[luigii]

Interesting idea,looking forward to see how you implement it.

Will whole project start at full capacity,or there will be some stages like first starting with  casino,then later adding hotel,restaurant etc?

Thanks Dirk! Regarding the rollout, please check our roadmap where we have laid out all milestones that are upcoming ( https://www.providence.casino/#roadmap ). This is in short:

1) Online Casino
2) Online Casino with Lightning Network Beta
3) Exchange
4) The physical casino with all accompanying facilities and hotel + restaurant (All "physical" aspects will be launched together in Q2 2018)

[luigii]

so when someone win in casino, and get PVE, he/she can earn more if PVE increase price, right? 

That is correct ekurotvic! Of course the winnings at the moment have one some USD value and then you cash out into PVE. Here is where we will offer some extra abilities in regards to volatility protection or market uptrend. Check our blog post about this mechanisms: https://medium.com/@providence.casino/at-providence-you-are-protected-from-cryptocurrency-price-volatility-2c5d7c62c45a or the corresponding section in the Whitepaper

ok, I read it.. it is very good, protection of 72h if price PVE go down. But what if go up? 72h protection also?

If you go on lockdown mechanism, you already by default have PVEs in your wallet. So they will just appreciate in value in regards to the markets in the next 72hrs if, of course, the market goes up. But this is something the player has to decide at the moment of cash out. If it goes down then this is on our end to hedge and protect from the downside.

[ekurtovic]

so when someone win in casino, and get PVE, he/she can earn more if PVE increase price, right? 

That is correct ekurotvic! Of course the winnings at the moment have one some USD value and then you cash out into PVE. Here is where we will offer some extra abilities in regards to volatility protection or market uptrend. Check our blog post about this mechanisms: https://medium.com/@providence.casino/at-providence-you-are-protected-from-cryptocurrency-price-volatility-2c5d7c62c45a or the corresponding section in the Whitepaper

ok, I read it.. it is very good, protection of 72h if price PVE go down. But what if go up? 72h protection also?

If you go on lockdown mechanism, you already by default have PVEs in your wallet. So they will just appreciate in value in regards to the markets in the next 72hrs if, of course, the market goes up. But this is something the player has to decide at the moment of cash out. If it goes down then this is on our end to hedge and protect from the downside.

but... what ever player decide, he/she cannot lose, right? Just can get more... 

thx for answer

[luigii]

so when someone win in casino, and get PVE, he/she can earn more if PVE increase price, right?  

That is correct ekurotvic! Of course the winnings at the moment have one some USD value and then you cash out into PVE. Here is where we will offer some extra abilities in regards to volatility protection or market uptrend. Check our blog post about this mechanisms: https://medium.com/@providence.casino/at-providence-you-are-protected-from-cryptocurrency-price-volatility-2c5d7c62c45a or the corresponding section in the Whitepaper

ok, I read it.. it is very good, protection of 72h if price PVE go down. But what if go up? 72h protection also?

If you go on lockdown mechanism, you already by default have PVEs in your wallet. So they will just appreciate in value in regards to the markets in the next 72hrs if, of course, the market goes up. But this is something the player has to decide at the moment of cash out. If it goes down then this is on our end to hedge and protect from the downside.

but... what ever player decide, he/she cannot lose, right? Just can get more...  

thx for answer

You welcome mate! That's why we are here

[labuan]

Waiting signature campaign for support your casino.

[luigii]

Waiting signature campaign for support your casino.

Thanks labuan! The signatures should be arriving today from the designer (I hope there won't be delays) . All that applied will be notified via email

[Desmozgenes]

Regarding campaign,is there some minimum requirement,like forum member status?

[chocobo21]

If you have physical chips, you can sell them off as well, so people who invest/buyin will have a physical token to know they've participated.

Hell, i would buy one.

And it could also enable you, when you come in with it t the casino, some free drink/round/spin

[luigii]

Regarding campaign,is there some minimum requirement,like forum member status?

Hi! All members are free to participate. Depending on their status the stakes are calculated but more info can be found here : https://bitcointalk.org/index.php?topic=2191674.msg22007839#msg22007839. We have just started the thread yesterday and we will xpost it here soon for everybody that is subbed to this thread!

[luigii]

If you have physical chips, you can sell them off as well, so people who invest/buyin will have a physical token to know they've participated.

Hell, i would buy one.

And it could also enable you, when you come in with it t the casino, some free drink/round/spin

Excellent suggestion. I will surely note it. Will have to check though around operation policies (how many chips are in circulation and how to lead the "books" in that case input/output) but surely some perks and benefits can be implemeted like you suggested

[_J_Newman]

Do you have any experience in managing (physical) casinos and hotels?

[luigii]

Do you have any experience in managing (physical) casinos and hotels?

Hi J_Newman! Yes, our management team and in specific Mr. Michael Doherty has several companies owning real estate which also has hotels built on them run by Professional Hotel Operators. We have several bids as of now and due diligence and evaluation of applicants are in fact been done at this time as the Engaged Operators will have to abide by our crypto concept.We will announce the Casino Operator and Hotel Operator who will be managing our Crypto Casino and Resort in due course.

On the other hand, the team and me that is managing the digital and crypto part of the business have extensive experience in leading digital strategies and implementation for the hospitality and entertainment industry. Some of the projects and clients we worked before include http://www.adriaticluxuryhotels.com/en, http://fresh-island.org/ and Croatian Bitcoin Portal (http://crobitcoin.com/ although now we have a whole new crypto layer above!

[_J_Newman]

Do you have any experience in managing (physical) casinos and hotels?

Hi J_Newman! Yes, our management team and in specific Mr. Michael Doherty has several companies owning real estate which also has hotels built on them run by Professional Hotel Operators. We have several bids as of now and due diligence and evaluation of applicants are in fact been done at this time as the Engaged Operators will have to abide by our crypto concept.We will announce the Casino Operator and Hotel Operator who will be managing our Crypto Casino and Resort in due course.

On the other hand, the team and me that is managing the digital and crypto part of the business have extensive experience in leading digital strategies and implementation for the hospitality and entertainment industry. Some of the projects and clients we worked before include http://www.adriaticluxuryhotels.com/en, http://fresh-island.org/ and Croatian Bitcoin Portal (http://crobitcoin.com/ although now we have a whole new crypto layer above!

I was skeptical at first, but now your project looks like an excellent idea. I appreciate that you have experience in that area.
You got me at the Fresh Island. That is an incredible urban music festival.

[luigii]

Do you have any experience in managing (physical) casinos and hotels?

Hi J_Newman! Yes, our management team and in specific Mr. Michael Doherty has several companies owning real estate which also has hotels built on them run by Professional Hotel Operators. We have several bids as of now and due diligence and evaluation of applicants are in fact been done at this time as the Engaged Operators will have to abide by our crypto concept.We will announce the Casino Operator and Hotel Operator who will be managing our Crypto Casino and Resort in due course.

On the other hand, the team and me that is managing the digital and crypto part of the business have extensive experience in leading digital strategies and implementation for the hospitality and entertainment industry. Some of the projects and clients we worked before include http://www.adriaticluxuryhotels.com/en, http://fresh-island.org/ and Croatian Bitcoin Portal (http://crobitcoin.com/ although now we have a whole new crypto layer above!

I was skeptical at first, but now your project looks like an excellent idea. I appreciate that you have experience in that area.
You got me at the Fresh Island. That is an incredible urban music festival.

I'm glad we "shrugged" off your skepticism!  Yes, we have a dedicated team and individuals for each of the aspect of the project and got a track record of execution and business history. And yeah, Fresh is a blast

[DirkDiggler1911]

Interesting idea,looking forward to see how you implement it.

Will whole project start at full capacity,or there will be some stages like first starting with  casino,then later adding hotel,restaurant etc?

Thanks Dirk! Regarding the rollout, please check our roadmap where we have laid out all milestones that are upcoming ( https://www.providence.casino/#roadmap ). This is in short:

1) Online Casino
2) Online Casino with Lightning Network Beta
3) Exchange
4) The physical casino with all accompanying facilities and hotel + restaurant (All "physical" aspects will be launched together in Q2 2018)

Thanks for clarification.

One more thing,are u setting casino and resort from the scratch,or taking over some already existing one/the one that was closed and now implementing cryptocurrency aspect?