Providence

andri-ghani (49)in #cryptocurrency • 7 years ago

Discover New Era of Gaming

Providence is the first casino of its kind: 100% cashless and operates solely with crypto made possible by the integration of blockchain technology and digital assets. Now, you can go into the casino with your crypto-kardiak and exchange it with casino chips to play your favorite adrenaline casino game.

CRYPTO CASINO & RESORT

Providence is the world's first cashless casino and physical resort. This proposed hotel has 148 bedrooms, a ground-floor restaurant with a waterfront terrace, a new second floor restaurant (above the casino), a rooftop swimming pool and conference rooms, and this is a high-end 'high end' boutique.

Providence is the first casino of its kind: 100% cashless and operates solely with crypto made possible by integration with sophisticated blockchain technology. Through the blockchain, Providence will allow players to walk to our physical casino and swap crypto for chips that lets them engage in all of their favorite adrenaline casino games on the spot. In essence, Providence will allow players to turn their crypto power into a fun and useful asset in the physical world, thus addressing key issues with crypto currency and actual consumption. To create a truly moneyless company, our innovative blockchain technology will be integrated into every retail outlet in the casino, including hotel restaurants, restaurants, and luxury product stores. All revenues generated by retail stores will be securely guaranteed at prices pegged to the current currency rate.

CONCEPT

Through Blockchain technology and Providence Exchange integration, clients will be able to walk to our physical casino and redeem cryptocurrency for chips that let them play their favorite adrenaline casino game. In essence, Providence will allow players to turn their crypto into a fun and rewarding asset in the physical world, addressing key issues with real-world solutions. Blockchain technology relieves the resort's Gaming and Retail sector of conversion expenses. For compound comfort, the supply of a stake generates revenues to the current exchange rate.

Micropayments & Charges

Providence places emphasis on micropayments and low cost. This is why we have developed a PVE token to maximize casino efficiency while keeping a thorough approach to our clients. As the earliest inheritor of PVE, you will receive a portion of the fees that are normally submerged into credit card processing fees, cash handling fees, and other expenses. Encouraging visitors with absolutely no money to visitors, the Blockchain Providence app will help customers pay for crypto for services offered elsewhere such as hotels, luxury shops and restaurants, further improving the ease with which they can use. Their digital currency is in the physical realm.

Victory Protected in Volatile Market

Once you've finished playing in a world-class casino and want to melt your winnings, you'll see how we can help you avoid the crypto volatility and even the benefits of it. After cashing, your casino chip is converted back to the PVE Token on the Providence Exchange. This is where the real benefits begin.

By using blockchain technology, we lock your winnings that are pegged at the current cryptourrency exchange rate for a maximum of 72 hours. This presents a tremendous opportunity for you because you will not be affected by market volatility.

For example, if you withdraw crypto cost $ 1,000 and its value drops 30% (or amount) the next day, or at any time within 72 hours, you PROTECT. You have a full 72 hours to claim your money of $ 1,000, no matter what happens to the crypto market during that time period.
Victory Protected in Volatile Market.

TECH PROVIDING

HOLD

The Providence casino project will run under an application developed on the Ethereal blockade. Ethereum is a smart-based contract block that provides an ideal solution for casinos without money, as transactions can be made easily through the actions of participants without the need for human interaction.

Ethereum enables organizations like Providence to develop and embed applications on its core network without requiring the need to develop a new blockchain altogether. Thus, this is a much faster, more convenient, and more reliable way to build a platform where casinos run. Especially with Ethereum, the security of the casino system will be guaranteed and can be monitored easily because of the transparency and consistency provided by cryptographic verification.

Stock Providence

We are in the development of our proprietary exchange for the needs of casino and resort operations supported by our business model. The PVE Token ad pair will be introduced with some major cryptoes in the platform's initial launch. Similarly, the overall volatility protection mechanism will be incorporated in the exchange and users will be able to lock their decline and position as described in the concept section.

In addition, the exchange will be offset later as a new business model and opportunities in place will be introduced.

Casino Online

Although our core business will be circling around casinos and physical resorts, we do not overlook the online aspects of gaming and entertainment. We are keenly aware that the latest trends in the domain (and especially the crypto world) show great growth in the number of players who step into the entertainment venues through various online platforms and projects. This is why Providence will also have an online casino platform that will offer all our customers the ability to play their favorite games online.

Raiden & Lightning Network

Providence brings the latest games to the gaming room by expanding Blockchain with Casino-oriented features.

We ensure rapid implementation by building on existing technology while ensuring oversight & security by relying on a well-established blockchain framework. By integrating Raiden and Lightning Network technologies, Providence will contribute to the benefits of scalability for future ventures while still being operable with all the ERC20 eligible cryptococcus proofs but also the main ones on the other end such as Bitcoin and Litecoin for quick deposit.

Raiden's technology also expands the Ethereum infrastructure to fit the needs of the Casino infrastructure in terms of scalability as we use the new ERC20 Token.

These benefits include the ability to transfer large amounts per second and confirm transactions with lightning speed. To complement it, Raiden's technology provides the option of not disclosing transactions to Blockchain's ledger.

Road Map