Topic: NEW*[ANN][ICO]*OFFICIAL*MORE*MEMBERSHIP TOKEN SALE*BITTREX EXCHANGE* - page 17. (Read 84729 times)

All good suggestions.  We feel that promotion of the club brings more awareness to the token and its benefits.   We are the only coin that actually has a real world store that sells coins and we bring noncrypto people into crypto.  People learn about the coin every day by walking inside.  People have been buying the coin for fiat in the club. Eventually the supply will be consumed by use in the club and by memberships leaving little opportunity for day trading or speculation.  People also buy and forget they have it when they leave Las Vegas. When the crypto and ico bubble pops, we will still have our token to be used to buy drinks, dances, and admission to our events.  Few coins can offer that in our opinion.   We also send out emails twice a week. If anyone wants to be on the list, just let us know at [email protected]

is this afect to price because ıf theese make the coin 2x and if btc make 2x then there is noting to the for it:)

You would benefit by publishing a white paper. Investors need to see what the next 6 months to a year looks like.  Whats your growth projection?  Updates of Babes in t-shirts might promote the club but do very little to inspire investors who see a declining chart. LGD has been pulling back to the $1 price usually once a week. A month ago 16000 sats - today 9100  @.72 cents and too many all time lows.  A 1 BTC investment a month ago is now worth .57.   Not so bad if it has some decent spikes for day traders (though there have been fewer of late) but a long term holder will bail sooner rather than later. New coins have to work hard to build confidence.  When BTC hits 10k where will LGD be?   More updates for investors needed for this coin to thrive.

Twitter is updated several times a day. Facebook is updated daily. Members slack is posted to once a day as well. This update was published today as well. We welcome any other suggestions.


http://www.fox5vegas.com/story/36894767/enjoy-your-bitcoin-profits-in-las-vegas-at-the-legends-room

if you want to know why investors dont hold, one critical reason: it is because there are not much/very little updates coming from your twitter and other social medias. if you want more investors, please up your game, hire someone full-time who can update(weekly blogs/stories/photos of your progress) us(investors) that you are working your way towards your goals. this will keep your investors informed and the price will increase gradually when people see you as a potential company to invest. look at the chart from CMC, it is depressing..

this is coming from an investor who held since September.


Please, more updates often to us.

OK thanks for letting me know, much more helpful reply, cheers! still would like to know what the plan is for future Legends token release, as it is currently 2M/30M released, no pow/staking, and I cannot find that information on the site 

Daymond John from ABC's Shark Tank will be in the house in January. Look for his social media postings shortly.  Great endorsement of our business model and first business personality to endorse it.   Members should reserve early as this will likely sell out. Huge get for us.




http://abc.go.com/shows/shark-tank/cast/daymond-john

Until the system is automated, members send in a screen shot of the wallet or bittrex account. They do the same before we payout on Monday or Tuesday to prove they maintained 5000 coins over the weekend rental. There is a members area on slack and a private members email.  Payouts range from zero to $100 depending on the night and the event.  Big fights, Brody Jenner etc got returns. We have a Christmas party booked in the members area that we required members rentals for.  A few upcoming conventions are also looking to rent the members room which is very cool.   NYE will likely require a member rental for the whole place given the name of the host we expect to announce after Thanksgiving. The same host is back 4x in 2018 likely resulting in complete sell outs of the entire venue  In January, we will have DJs Friday and Saturday nights to potentially generate steady rentals every weekend.  And this is just the Vegas location. The proposed locations will pull from the same LGD member base.

OK and...? That fails to address most anything I said previously. I need details how the rental system works, would like examples of actual possible revenue. I already understand what a club atmosphere is like, and can see all the shilling I want on legend rooms twitter. What I would like is details about the rental system & answers about the coin supply.

Keep in mind, we have been open less than 90 days.   Our rental program is relatively small now. Most people buy and use small amounts of the coin in the club.  We have members who do not rental them out at all.  They are wealthy and don't really care about the income or don't have a crypto background. They like the services that we offer in the club and they like being a member of an exclusive Vegas establishment we believe. It is hard to imagine for most people but a table for a single night at a Vegas club can cost $10,000.  We have added DJs because we can offer a nightclub experience with hot girls which encourages more membership sales. We also believe we have a better product with our high levels of service and remodeled club.  This has generated more interest crypto and the token LGD specifically. We are proud of what we have accomplished in just three months and see a very bright future in Las Vegas and elsewhere. 

I mean if on NYE I'm getting back $500, that's obviously an incredible single night return (to the point of being too good to be true, I wonder how many people are offering rentals how much is being divvied up etc); my only wonder is how the actual rental process work because I can't find a clear explanation on the site and it's just a token on bittrex w/no wallet now, right?

thanks for the reply either way, it's more of a response than I expected  

Good news for the future of the coin

It depends. Some evenings it's 100 USD per membership, sometimes its more. On NYE its expected to be 500 USD per Membership
As far as I know you can get BTC, ETH and LGD.

@ LegendsRoomLGD - how does renting out the token work given that there is no info on how to rent it out? and can you give some examples of real returns on the renting out? if I have 5000 legend rented out am I getting back bitcoin, legends tokens, ethereum - how do you rent it out and what do you get in return over say 3 months?


no doubt this is what I expect, I just want to know the timeline (like is it 2 million a year, etc...) I know this has been the situation I saw for a long time, and it was the only reason I continue to never buy into the project even when it gets back to around ICO price

Trying to answer some of the questions from above. We are seeing an increase in LGD tokens being bought in the club and used in the club. Remember we have only been open three months. One client was opening accounts for the dancers on his lap top and giving them $50 worth of LGD!   Over time this will likely decrease the supply.  We are exploring new clubs in different cities. Many of our members do not live in Vegas.  Rental option is available. It has been successful for those who stay in the program but many people don't hold.  The new website will allow for booking, membership management, and purchase of tokens.  It was delayed a bit because we have added a popular feature for DJs.  The DJ feature has expanded the audience for the club. More people are coming to drink and listen to music and hangout. the DJs also have fans and bigger social media followings which brings new people to the club and they learn about the token as well. We are seeing an use of crypto mostly bitcoin and purchases of LGD in the club.  No one token has a real world application and promotion like we do. We expect a big new year's eve announcement soon. We already have Samantha Ronson for 12/30 and it is a UFC in Las Vegas that night. Both of these bring out a big crowd. NYE will be so big that the club will require token/membership rentals for the whole club. Next year is looking great for main stream exposure as well:  Daymond John from the US TV Show Shark Tank will be in the club holding an event in January during the bug CES convention.  Several big celebrity appearances are also being negotiated.

Join the mailing list for immediate updates: [email protected]

They will.

There are lots of things to come:

- Own Wallet
- New website and mobile version
- Membership rental improvements
- Great DJ listings and events till NYC

And best of all:
- In 2018 4 more clubs will open starting with Miami and New York City

Let $LGD comeback one more time

That is like a poor and not secure (it looks like a lending platform) PoS.

Then I see why the token price is falling so much.

I wish LGD team will do something to be more attractive for people out of Vegas.

Yes.

You can buy LGD tokens, put them in the "members pool" and rent them out over the weekend.

--> If someone goes to the club and wants to enter the members area to chat with the hotties, he has to purchase a membership for a day, which you own and "rent to him" - that gives you a percentage of the price he pays for it in the venue.

On very busy days with big events, if you have 10 memberships and each of them is rented out, its a very lucrative passive income. And as the club is getting more and more publicity, it is very likely to see the memberships be rented out a lot!

1 Membership is 5000 LGD Tokens.

Is there any value for token holders out of Vegas?