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The First and Only Physical Casino & Resort

Discover a New Age of Gaming

Providence represents a casino that is the first of its kind: 100% cashless and operating solely with cryptocurrencies enabled by integration of blockchain technology and digital assets. Now, you can walk into a casino with your cryptocurrency and exchange it for casino chips to play your favorite adrenaline-rush casino games.

Providence Whitepaper

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Providence

Meet the people

Providence team is composed of highly skilled members in their respectful fields. The project is supported by its pioneer investors and advisors with investments, consulting and operational activities.

Providence Crypto Casino Michael Doherty

Michael Doherty

Management

Providence Crypto Casino John Anthony Gonsalves

John Anthony Gonsalves

Development & Finances

Providence Crypto Casino Dr Sölétormos Ákos

Dr Sölétormos Ákos

Legal

Providence Crypto Casino Alen Huskanović

Alen Huskanović

Marketing & Communications

Providence Crypto Casino Ivan Reif

Ivan Reif

Providence Technical Lead

Providence Crypto Casino Zoran Antolović

Zoran Antolović

Product Management

Providence Crypto Casino Luka Klancir

Luka Klancir

Business Development & Operations

Providence Crypto Casino Ötvös Szabolcs

Ötvös Szabolcs

Pioneer Investor

Providence Crypto Casino Damen Chiam

Damen Chiam

Pioneer Investor

Providence Crypto Casino Nicole Chen

Nicole Chen

Social Media Marketing

Media & Investment Partners

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Providence

Crypto Casino & Resort

Providence is the first cashless physical casino and resort in the world. The proposed hotel is to have 148 bedrooms, a ground floor restaurant with waterfront terrace, a new second-floor restaurant (above the casino), a rooftop pool, and conference space, and it will be high-end 'boutique' in quality.

Providence represents a casino that is the first of its kind: 100% cashless and operating solely with cryptocurrencies enabled by integration with advanced blockchain technology. Through the blockchain, Providence will allow players to walk into our physical casino and exchange cryptocurrency for chips that will enable them to engage in all of their favorite adrenaline-inducing casino games on the premises. In essence, Providence will enable players to turn their cryptocurrencies into fun and usable assets in the physical realm, thus addressing a major issue with crypto currencies and actual consumption. To create a truly cashless enterprise, our innovative blockchain technology will be integrated into every retail outlet in the casino, including the hotel, restaurants, and luxury product stores. All revenues generated by the retail stores will be secured in fiat at rates pegged to the current currency rates.

As you already know, online cryptocurrency casinos have taken off, but there's currently almost no place you can go to physically spend your cryptocurrency on gambling. Online casinos can be fun, but nothing compares to the true casino atmosphere as you and your friends cheer each other on during your favorite action-packed casino games.

Providence Business Plan
Providence Crypto Casino Blueprint
The images will be announced shortly!
Providence

THE CONCEPT

Through Blockchain Technology and Providence Exchange integration, clients will be able to walk into our physical casino and exchange cryptocurrency for chips that will enable them to play their favorite adrenaline-inducing casino games. In essence, Providence will enable players to turn their cryptocurrencies into fun and usable assets in the physical realm, thus addressing a major issue with currently limited solutions in the real world. Blockchain technologies alleviate the resort’s Gaming and Retail sector of conversion burdens. To compound convenience, providence pegs generated revenues to current exchange rates.

Providence Crypto Casino Bitcoin Dice

Micropayments & Fees

Providence places emphasis on micropayments and low fees. This is why we have developed the PVE token to maximize casino efficiency while keeping an all-inclusive approach to our clientele. As a PVE token early adopter, you will receive a part of the fees usually sunk into credit card processing fees, cash handling fees, and other expenses. In the spirit of providing visitors with a truly cashless experience, the Providence blockchain application will help customers to pay using cryptocurrency for the various services offered on other premises such as hotels, luxury stores, and restaurants, further enhancing the ease with which they can spend their digital currency in the physical realm.

Providence Crypto Casino Market Downtrend
Market Downtrend  

Protected Winnings in Volatile Markets.

Once you're finished playing in our world-class casino and are looking to cash out your winnings, you will see how we can help you to avoid the volatility of cryptocurrency and even profit on it. Upon cashing out, your casino chips are converted back to PVE Tokens on Providence Exchange. This is where real benefits begin...

By using blockchain technology we lock down your winnings pegged to the current cryptocurrency exchange rates for a maximum of 72 hours. This presents an incredible opportunity for you as you will not be subject to the volatility of the market.

For example, if you cash out $1,000 worth of cryptocurrency and the value drops by 30% (or any amount) the next day, or at any time within 72 hours, you are PROTECTED. You have a full 72 hours to claim your $1,000 in fiat, no matter what happens to the cryptocurrency market during that time period.

Providence Crypto Casino Market Uptrend
Market Uptrend  

Let your Winnings Ride in a Market Uptrend

Cashing out into Providence Exchange is a true zero-risk opportunity with serious upsides. We present our players with the opportunity to increase their winnings if their cryptocurrency increases in price during those 72 hours.

For example, if your $1,000 in cryptocurrency increases by 20%, you can elect to let the full 72-hour time limit expire to claim that extra cash. You'd now have $1,200 instead $1,000. And remember, if it goes down, you're protected. Thus, when you cash out at our casino, you keep at least your full winnings, with the opportunity to earn more if your cryptocurrency rises in value.

Technology

Providence Tech
Stack

The Providence casino project will run under an application developed on the Ethereum blockchain. Ethereum is a smart contract-based blockchain that provides an ideal solution for the cashless casino, as transactions can be easily conducted through participants’ actions without necessitating human interaction.

Ethereum allows organisations like Providence to develop and embed applications on its main network without necessitating the need to develop a new blockchain altogether. As such, it is a much faster, more convenient, and more reliable avenue for building the platform upon which the casino will run. Moreover, with Ethereum, the security of the casino system will be assured and can be monitored easily due to the transparency and consistency afforded by cryptographic verifications.

The Providence Exchange

We are in development of our proprietary exchange for the needs of casino and resort operations supported by our business model. PVE Token trading pairs will be introduced with several major cryptocurrencies in the initial launch of the platform. Likewise, the whole volatility protection mechanism will be incorporated inside the exchange and users will be able to lock down their winnings and positions as explained in the concept section.

Additionally, the exchange will be able to scale out later on as new business models and opportunities in the space will be introduced.

Read more in whitepaper
Providence Crypto Casino Exchange
Providence Crypto Casino Online Casino

The Online Casino

Even though our core business will be revolving around a physical casino and resort, we are not disregarding the online aspect of gaming and entertainment. We are well aware that the recent trends in the domain (and especially crypto world) are showing huge growths in the numbers of players that are stepping into entertainment venues via various online platforms and projects. This is why Providence will also have its online casino platform that will offer all our customers the ability to play their favorite games online.

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Providence Crypto Casino Raiden Lighthing Network

Raiden & Lightning Network

Providence brings the latest to the gaming space by extending the Blockchain with a huge array of Casino-oriented features.

We ensure fast implementation by building on existing technologies while guaranteeing oversight & security by depending on an established blockchain frameworks. By integrating Raiden technology and Lightning Network, Providence will contribute to scalability benefits for future ventures while remaining interoperable with all ERC20 compliant cryptocurrency tokens but also the major ones on the other end like Bitcoin and Litecoin for lightning deposits. Raiden technology also extends the Ethereum infrastructure so that it suits the exact needs of Casino infrastructure in terms of scalability as we onboard new ERC20 Tokens.

Such benefits include being able to make vast amounts of transfers per second and confirming transactions at lightning speeds. To top it off, Raiden technology provides the option of not disclosing transactions to the Blockchain public ledger.

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PROVIDENCE

Roadmap & Timeline

Might be subject to change at this moment

January 2017

Providence Idea & Concept

A story begins

The first concepts and plans are put to paper. Core management and investor team is formed.
1st September 2017

Providence Website

First version released

The first version of the site is released and carries most relevant information about the Providence project and the upcoming PRE TOKEN SALE.
Mid September 2017

Providence Whitepaper

Providence Business Model

A detailed white paper laying out concepts and business details revolving around Providence Crypto Casino & Resort.
January 2018

Online Casino Beta Version with Lightning Network integrated

Open to all interested gamers

First BETA version of the online casino platform is introduced and opened to general public. Testnet Currencies will be available for introduction to the platform.
March 2018

TOKEN SALE

Open to all interested contributors

Start of Intensive Marketing Activities

Marketing Campaigns for the upcoming 2018 season

Heavy marketing campaigns will be launched to promote Providence's opening in Q2 2018 with the pallet of services and facilities.

Engagement of Design Consultants and Architects

Development of interior layouts, plans and mockups

April 2018

Updates on Providence Architectural Activities

Blueprints, Photos, Mockups, and Layouts.

Procurment of 99-year lease for Casino Premises

Issuance of Providence Casino Licence

Online Casino Platform Launched

Four major cryptos (BTC, LTC, ETH, PVE) deposits will be rolled out with initial set of games.

Start of Casino and Hotel Renovation & Refurbishment

Actual construction work starts on the Providence premises.

Second Quarter 2018(Q2)

Integration of Providence Exchange

Providence Exchange system linked to Casino and all other facilities in the Resort

Providence Crypto Casino & Resort opens for Guests

The big day arrives. Exact Dates will be announced in 2018.

Second Half 2018 (Q3-Q4)

Providence Smart-Contract for Reward Redistribution

Implementation and Testing of Providence Reward System outlined in the whitepaper.

First Half of 2019

Integration of Offline & Online casino

Online casino to be interconnected on top of Physical Casino with unique ways of new gaming.

Second Half of 2019

Providence Expansion Plans Announced

New roadmap, plans and partnerships will be introduced.

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