[CANCELLED]The Legends Room Las Vegas - page 20.

xtyling

sr. member

Activity: 588

Merit: 250

Crypto is Life!

Nice project but the thing is that i am in an aficain country

guybouchard

full member

Activity: 158

Merit: 100

Big fan of the Legends Room. I rent my house on Airbnb. Is the contract a security? No. If I buy stock in Snapchat today, I don't get to go to a store and get those glasses for free. The only benefit I get is the possible price appreciation of the stock or a dividend. As a Legends Room member, I'm going there to get my booze and lap dances. I go to Vegas a lot and think this will be a cool place to take customers. Country club memberships are often resold but with severe restrictions and controlled pricing. This is an open system and transparent and the owner has control not the club.

hobbskevin

member

Activity: 84

Merit: 10

Quote from: bigpig2247 on March 03, 2017, 11:36:46 AM

How is this offering NOT considered an equity offering? The "membership" can be bought, sold or rented.
I think this would fail the howie test and creat a problem for both the seller and buyer of this "token".
If it quacks like a duck and walks like a duck, then it is a duck - equity.

It is actually just access and as the memberships price after purchase from the club has no bearing on the club itself it is not equity. A member can choose to give the membership away if they wanted. Price is set by them not on the success of the club. Legal has been through this.

bigpig2247

newbie

Activity: 5

Merit: 0

How is this offering NOT considered an equity offering? The "membership" can be bought, sold or rented.
I think this would fail the howie test and creat a problem for both the seller and buyer of this "token".
If it quacks like a duck and walks like a duck, then it is a duck - equity.

hobbskevin

member

Activity: 84

Merit: 10

The Legends Room will accommodate any member. If the situation happens that the club is full the club will make arrangements for those members. They will not be disappointed.

westworldguy

newbie

Activity: 3

Merit: 0

Quote from: btcdevil on March 03, 2017, 01:24:58 AM

Quote from: hobbskevin on March 02, 2017, 10:55:21 PM

Quote from: westworldguy on March 02, 2017, 10:52:30 PM

my question is how does venue potentially fit 3000 members+guests on a 'hot' night.
assuming every member will always want to rent his membership out on the hottest nights - how do you accommodate that many VIPs in the area.
With thousands of memberships up for rent - what kind of premium/$ could one expect to earn?
Would it cause VIP members to essentially go into price wars to get their 'membership' rented out on X date?

So the venue can hold up to 600 in the Legends Room at one time and the entire club 1500-1800. Just as most clubs not all members will be there every night. The club also has reciprocal clubs that Members will have access to as well. There will be an announcement about this in the coming days.

But what about if their are more members coming to visit the club and did not find the space then what are the alternative arrangement is their in the club, This i am asking because you have also set the rent the member option so in this way if their is any good event where you expect the viewers more then unexpected arrangements. because in coming days the club will get more exposure then you will have to expand the club. So any arrangement is done or it is on project

this is kinda what i was getting at. absolutely, i dont expect all members to be there every night...but on a SUPER BIG night i expect all 'memberships' to be used either by original members or by renters - in that case, you may expect 3,000 memberships coming through on those big nights correct? also, giving us an estimated projection on rental prices would give potential members a better idea on cost recovery.

btcdevil

legendary

Activity: 1302

Merit: 1027

Quote from: hobbskevin on March 02, 2017, 10:55:21 PM

Quote from: westworldguy on March 02, 2017, 10:52:30 PM

my question is how does venue potentially fit 3000 members+guests on a 'hot' night.
assuming every member will always want to rent his membership out on the hottest nights - how do you accommodate that many VIPs in the area.
With thousands of memberships up for rent - what kind of premium/$ could one expect to earn?
Would it cause VIP members to essentially go into price wars to get their 'membership' rented out on X date?

So the venue can hold up to 600 in the Legends Room at one time and the entire club 1500-1800. Just as most clubs not all members will be there every night. The club also has reciprocal clubs that Members will have access to as well. There will be an announcement about this in the coming days.

But what about if their are more members coming to visit the club and did not find the space then what are the alternative arrangement is their in the club, This i am asking because you have also set the rent the member option so in this way if their is any good event where you expect the viewers more then unexpected arrangements. because in coming days the club will get more exposure then you will have to expand the club. So any arrangement is done or it is on project

jacaf01

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

Quote from: LegendsRoomLV on March 02, 2017, 09:06:47 PM

We have a fresh article on CoinTelegraph today!

Las Vegas Club to Accept Bitcoin, Record Memberships on Blockchain

https://cointelegraph.com/news/las-vegas-club-to-accept-bitcoin-record-memberships-on-blockchain

This is a good move by the team, we need to give this project more exposure and cointelegraph is one of the best news platform in crypo space. I hope this bring in more investors

bitspill

legendary

Activity: 2087

Merit: 1015

Quote from: bbc.reporter on March 02, 2017, 08:44:53 PM

After a quick browse in this thread I want to know only one thing. Who is this cute, pretty girl? Is she part of your crew at Legends Room? I would very much like to see more pictures of her if you do not mind. Thank you.

Uh, try the name just under the face. Kenna James

hobbskevin

member

Activity: 84

Merit: 10

Quote from: westworldguy on March 02, 2017, 10:52:30 PM

my question is how does venue potentially fit 3000 members+guests on a 'hot' night.
assuming every member will always want to rent his membership out on the hottest nights - how do you accommodate that many VIPs in the area.
With thousands of memberships up for rent - what kind of premium/$ could one expect to earn?
Would it cause VIP members to essentially go into price wars to get their 'membership' rented out on X date?

So the venue can hold up to 600 in the Legends Room at one time and the entire club 1500-1800. Just as most clubs not all members will be there every night. The club also has reciprocal clubs that Members will have access to as well. There will be an announcement about this in the coming days.

westworldguy

newbie

Activity: 3

Merit: 0

my question is how does venue potentially fit 3000 members+guests on a 'hot' night.
assuming every member will always want to rent his membership out on the hottest nights - how do you accommodate that many VIPs in the area.
With thousands of memberships up for rent - what kind of premium/$ could one expect to earn?
Would it cause VIP members to essentially go into price wars to get their 'membership' rented out on X date?

LegendsRoomLV

member

Activity: 70

Merit: 10

Las Vegas entertainment built on Ethereum

LegendsRoomLV

member

Activity: 70

Merit: 10

Las Vegas entertainment built on Ethereum

We have a fresh article on CoinTelegraph today!

Las Vegas Club to Accept Bitcoin, Record Memberships on Blockchain

https://cointelegraph.com/news/las-vegas-club-to-accept-bitcoin-record-memberships-on-blockchain

LegendsRoomLV

member

Activity: 70

Merit: 10

Las Vegas entertainment built on Ethereum

Quote from: bbc.reporter on March 02, 2017, 08:44:53 PM

After a quick browse in this thread I want to know only one thing. Who is this cute, pretty girl? Is she part of your crew at Legends Room? I would very much like to see more pictures of her if you do not mind. Thank you.

It's written on the pic itself, Kenna James, just google her name you will find loads of pics.

Yes she is supposed to be joining at The Legends Room at some of the events we will be organizing.

Stay tuned.

ICOcountdown.com

hero member

Activity: 1008

Merit: 500

Quote from: adaseb on March 02, 2017, 04:30:08 PM

You guys should consider adding some type of escrow as protection for the investors. Looking at the ICO it seems nobody is risking any money investing into this.

https://www.etherchain.org/account/0xb939ef33629bba211688724e401d4f6400c0ee6a#txreceived

Has all the finance been removed already it's showing a 0 balance?

No escrow or anything?

bbc.reporter

legendary

Activity: 3122

Merit: 1492

After a quick browse in this thread I want to know only one thing. Who is this cute, pretty girl? Is she part of your crew at Legends Room? I would very much like to see more pictures of her if you do not mind. Thank you.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: hobbskevin on March 02, 2017, 06:13:41 PM

Quote from: hobbskevin on March 02, 2017, 06:11:38 PM

Quote from: adaseb on March 02, 2017, 04:30:08 PM

You guys should consider adding some type of escrow as protection for the investors. Looking at the ICO it seems nobody is risking any money investing into this.

https://www.etherchain.org/account/0xb939ef33629bba211688724e401d4f6400c0ee6a#txreceived

There are a lot of institutional money that will be runned through as it gets transferred from Fiat to ETH. It is only in the Pre Sale right now and there will be a better idea of where the sales are when the actual sale starts.

Also the club is happening with or without a big raise and memberships will be available just not at the price it is now or with all the included extras. All token purchasers are completely safe and if something were to happen and it didn't go through all money would be returned.

I don't think they will ruin their reputation,they have an offline business,and in a business where they want to establish trust and confidence in their business,only ico with no proven track records and business to offer are likely to run with investors money.

logictense

hero member

Activity: 2147

Merit: 518

Quote from: MarMoCoin on February 28, 2017, 12:55:28 PM

A real-world token for something that people like.

Well done with this. Can't wait to see how it develops.

Snotty adolescents like u are born to spread positive nonsense which makes no fucking sense. I have been developing cryptos since I was two and have never thought that I would argue with this kind of people but u never know whats gonna happen from one minute to the next one when u are in love with crypto.

nick-legendsroom

newbie

Activity: 21

Merit: 0

Hey all...we have asked Bittrex to indicate on their page that we will give a full refund to anyone who is not happy or satisfied with the Legends Room. If you get there and it wasn't exactly as we described, we will issue you an immediate refund on the spot with no questions asked. We have had a great response to the Topless Vegas article and sold memberships won't show up on the smart contract until the end since these guys are cash or credit card customers and we have to convert internally for them. Now go train muay thai and I'll see you at the Legends Room very soon.

LegendsRoomLV

member

Activity: 70

Merit: 10

Las Vegas entertainment built on Ethereum

Learn more about our Tokenized Membership on SMITH + CROWN with their review.

The Legends Room: Tokenized membership to a private Las Vegas lounge
https://www.smithandcrown.com/legends-room-tokenized-membership-private-las-vegas-lounge/

Topic: [CANCELLED]The Legends Room Las Vegas - page 20. (Read 35064 times)