Today, i will be discussing a world casino platform based on cryptocurrency. Firstly, let’s look into what casino is. According to wiki, A casino is a facility which houses and accommodates certain types of gambling activities. The industry that deals in casinos is called the gaming industry. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships or other tourist attractions. There is much debate over whether the social and economic consequences of casino gambling outweigh the initial revenue that may be generated. Some casinos are also known for hosting live entertainment events, such as stand-up comedy, concerts, and sporting events. So with respect to that , i will introduce the platform. The name of this platform is Providence.
What Providence is and How it works
Providence is the first platform, specialized in online casinos that will fully function and work exclusively with crypto-currencies. What providence is simply trying to do is to provide an opportunity to spend your cryptocurrency in a casino. Providence is a cashless blockchain technology based casino in the world operating purely with cryptocurrencies. What providence does is that it simply offers players to visit the casino and exchange the Crypto-currency for chips, with which you can take part in all your favorite casino games with advanced automation, micropayments and fast transactions. Providence simply solves the limited use of cryptocurrencies as it provides full usage of cryptocurrencies such as in gambling, entertainment, etc.
Watch introduction video via: https://youtu.be/54PGewoXoMI
Providence being a form of gambling and online betting at the same time provides it users with a lo of benefits such as convenience, fast transaction, and a lot more. Allow me to emphasize more on this. Compared to offline gaming check these out.
- Providence casino online gambling offers a lot more bonuses to passionate players.
- As explained earlier, Providence casino provides convenience of playing wherever you are. All you need is a working internet connection and your cryptocurrency to play. This is the major factor that makes providence different. Also it doesnt end there, providence also provide a physical casino for those who prefer the offline method still just as some have fun.
- Providence online gambling offers you more flexible and diverse type of playing platform. Simply means that you are not restricted to one game type. Other games are available.
Providence casino permits the players to work into any of the physical casinos and exchange their cryptocurrency which is the providence tokens (PVE) for casino chips , and use it to play any of the casino games of their choice.
For providence to be able to function as a cashless platform, the blockchain technology payment ecosystem will be introduce into every retail outlet in the casino, including the restaurants and others. Every revenue generated by these retails outlets will be save in fiat at a rate pegged to the current currency rates.Providence project is quite unique, because it simply has no competitors of its kind. After all, there is still no offline casino that takes into account crypto currency. Providence is a big step in the cryptocurrency world of gambling being of the fact that it supports both onlne and offline casino.
About Token sale and distribution
Providance will have its own token called PVE, the standard ERC20
Pre-ICO was launched on October 4, 2017, which will last until October 18, 2017.
The team plans to raise about $ 3,500,000
The basic ICO will be held in November and will end on November 30, 2017.
At the main stage of the ICO, it is planned to collect approximately $ 30,000,000
Useful Links to Providence
Whitepaper URl: https://www.providence.casino/whitepaper
My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1048662
My Youtube channel: https://www.youtube.com/channel/UCoKb8l6T6TN3dk9_9CvTnvw