THE U.S. BLOCKCHAIN ASSOCIATION IS SUPPORTING THE LAS VEGAS TOKEN SALE TO INSTALL 50,000 CRYPTOCURRENCY-ENABLED ATM AND POINT OF SALES TERMINALS IN THE USA, TO MAKE CRYPTO SPENDABLE EVERYWHERE
The U.S. Blockchain Associations is non-profit organization that supports the entire blockchain community, with a mission to use blockchain technology to serve humanity and the planet.
In order to sustain the U.S. Blockchain Associations and establish Chapters with Blockchain Incubation Labs in all 50 states, the association proposes to do a token sale.
Due to favorable blockchain lws in Nevada such as SB398, the Nevada Blockchain Association has been chosen to manage the token sale. The City of Las Vegas will become the first test-bed for the implementation of a new Global Cryptocurrency Payment System that makes cryptocurrencies easily spendable everywhere within the greater Las Vegas Metropolitan Area with debit cards, ATM, point-of-sale terminals and by cell phones. The retail locations for this bold experiment range from casinos, to coffee shops, grocery stores, and fashion boutiques.
The new Global Cryptocurrency Payment System is planned to be connected to members run Credit Unions friendly to cryptocurrencies and also the Las Vegas Currency Exchange (LasVegasCX).
The entire operations of the Global Cryptocurrency Payment System will be housed in a government-designated “Special Opportunities Zone” near Las Vegas. Within the Special Opportunities Zone, we intend to build an open-source futuristic Decentralized Autonomous City (DAC) run on the blockchain and smart contracts. Since it is an open-source project, we intend to invite the entire world to help us build it, including inviting the best architects, artists, engineers, blockchain developers, social architects and the brightest minds from around the planet. We will call the new city the City of Atlantis, Nevada to attract more tourists to Nevada.
The Las Vegas Token will act as the community currency for the City of Atlantis, including for paying for city services such as shared electrical cars, shared bicycles, access to the Atlantis beach and the Atlantis Park, and for paying of city taxes.
The token sale will allow the installation of 50,000 ATMs and point-of-sale terminals across the USA with 10,000 of the machines concentrated in Las Vegas.
TOKEN SALE INFORMATION
Token Name: LasVegas Token
Date of Token Sale: Spring 2019
Project Name:The City of Atlantis Cryptocity Initiative
Project Type; Decentralized Autonomous City (DAC) called the City of Atlantis, run on the blockchain and smart contracts
Main Token Usage: A community currency for the City of Atlantis and the metropolitan Las Vegas area
Other Token Usage: Las Vegas Blockchain Exchange + 50,000 Crypto-enabled ATMs/point-of-sale terminals
Las Vegas Blockchain Exchange: To power the Las Vegas Blockchain Exchange (an SEC complaint exchange for cryptocurrencies, tokens, digital assets and tokenized commodities )
Price Per Token: $0.50
Backing: The tokens are backed by the real estate of the City of Atlantis
Amount of Raise: Up to $800 million
Currency Accepted: BTC, ETH, FIAT (EURO, USD) & OTHER CRYPTOCURRENCIES
Token Supply: 1,6 Billion Maximum First Series Round
Eligibility: For sale to Members of Las Vegas Blockchain Association
Verification: Know Your Customer (KYC) and AML verification process
Start Date First Series Token Sale: To Be Announced
End Date: Maximum sales or can be ended anytime
Additional Bonus Tokens: Las Vegas Blockchain Association Tokens