The Royal Treatment at The Legends Room: A Member’s Experience

I first found out about Legends Room (legendsroomlv.com) through a couple of news articles written about the first Strip Club accepting cryptocurrency payments. The first article I read, I thought was interesting, but not interesting enough to investigate. I wasn’t a big advocate for strip clubs and I had only ever been to three in my life. The second article caught my attention with the lifetime membership being able to rent out. Since I never like money (even crypto money) to sit and do nothing, I decided to investigate further. Here was a potential model with practical use. It had holding value for lifetime members and a possible return on investment through rentals when members weren’t in the area to use them.

The Token

Legends Room Tokens (LGD) are event based tokens. The value of each token is directly correlated with events that are both happening in Las Vegas as well as events that are hosted at the Legends Room itself. I went through the historical charts of LGD on coinmarketcap.com and noticed that the token tended to stay at a baseline of around $1 a token, give or take some change. Occasionally, the token would spike and then go back to the baseline. This was confirmed with the Mayweather vs. McGregor fight which saw the token spike to a high of $4.28 on August 25th, the night before the fight.