A nightclub in Las Vegas requires the holding of a cryptocurrency as an entrance

infoslink (68)in #crypto • 6 years ago

You can find everything in Las Vegas including a nightclub that loves crypto-currencies. Located inside the Hyde Club of the Bellagio Hotel, More is the new place of Las Vegas nightclub cryptonauts. The idea came from Peter Klamka, a crypto-currency enthusiast who continues to demonstrate the growing importance of investing in the crypto-market.

The new cryptocurrency More Coin (MORE)

The concept is brand new. Launched last April by Peter Klamka, More is the first entertainment company to offer its own virtual currency called the More Coin (MORE) without which it is impossible to enter the discotheque.

Klamka addressed Mashable by claiming :

"MORE Coin is the hub of nightlife and cryptocurrency, demonstrating a practical application of Blockchain technology in Vegas. "

Based on the ERC-20 Blockchain, its price is around $ 15 cents , up 4.30% over a 24-hour period at the time of writing. Its trading volume reaches $ 2,162 over 24 hours with a market capitalization of approximately $ 308,619.

Membership subject to a strategic condition

The club has 1,500 members, according to its spokesman. However, this figure keeps changing, as the possession of the MORE digital token is the only condition to become a member.

However, the box staff accepts different payment methods including the US Dollar and Bitcoin (BTC) in addition to the More Coin (MORE).

Although More is simply a nightclub among many in Las Vegas, it's a lot for the crypto-community. It is a real brick and mortar company in an essentially virtual sector.

Klamka is thinking of opening another More box in Miami and other cities with the same business model. This should allow for a growing adoption of crypto-currencies or at least an awareness of the Blockchain concept.

What do you think of the More? Let us know in the comments section below.

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#lasvegas #nightclub