Introduction What is Providence? Overview of the Casino Industry How the Cashless Casino idea emerged?... 9

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2 2 Table of Contents Introduction... 4 What is Providence?... 6 Overview of the Casino Industry... 7 How the Cashless Casino idea emerged?... 9 What about the online aspect of the industry? Cryptocurrency volatility and how to solve (or benefit from) it Protected Winnings in Volatile Markets Market Downtrend Market Uptrend Providence Technical Approach Ethereum and the ERC20 Token Providence Exchange Raiden Network Beta Providence Online Casino Lightning Network Beta Providence Token Token Sale Summary Token Sale Structure Distribution of Providence Tokens... 28

3 3 Pre-Token Sale Main Token Sale Intended Expenditure of Raised Funds Token holder rewards and benefits Roadmap and Timeline References Disclaimers... 43

4 4 Introduction The world of cryptocurrency has blown up with hundreds of coins in circulation and freely traded amongst peers. However, save for a few exceptions, there are limited places in the real world that one can directly spend their cryptocurrencies in exchange for goods or services. In this regards, most cryptocurrency holders are forced to convert these digital assets back into fiat currencies which are widely accepted in the real world. This is an unfortunate circumstance especially given the robust blockchain infrastructures, substantial adoption of blockchain and the limitless potential that these cryptocurrencies have in the physical world. Despite the multiple initiatives undertaken to adopt and widely use cryptocurrencies in the physical world, there are major limitations to the seamless integration in the day to day commercial activities. In the online world, however, cryptocurrencies have been widely accepted and have been embraced in multiple formats and are used for wide ranging activities. The ones that are on the forefront are Online Gambling and esports as one of the early adopters of cryptocurrencies and blockchain technologies. The uptake of cryptocurrencies in these online gambling activities has had overwhelmingly successful effects showing the huge potential in utilizing blockchain technology in the sector but also entertainment industry overall. This notwithstanding, there hasn t been a substantial effort to integrate the successes of cryptocurrencies in the online platforms into the real world and in a physical realm. There is a disjoint between the application of cryptocurrencies in online gaming and gambling and its uptake in the real world casinos and this is what Providence seeks to address.

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6 6 What is Providence? 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. By leveraging automation, micropayments and transaction speeds, 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 favourite 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 these currencies that have limited consumption opportunities in the physical world. To create a truly cashless enterprise, our innovative blockchain technology and exchange network will be integrated into every retail outlet in the casino, including the hotel, restaurants, and luxury product stores. All revenues generated by the retail outlets will be secured in fiat at rates pegged to the current currency rates. This means that all users and consumers will always be able to relate to services and products in actual fiat values. This integration will enable people to enjoy truly seamless experiences across our wide range of services offered in the physical realm. All products in the hotel, restaurant and stores will also be priced in cryptocurrency pegged on fiat currencies to ensure that people get value for their money while using cryptocurrencies.

7 7 Overview of the Casino Industry In 2016 alone, the total gambling gross yield worldwide was projected to reach 450 billion U.S. dollars from players and gamblers. This was forecasted to rise to 495 billion U.S. dollars by [1] Apart from land based casinos there is another casino industry in rising the internet casino industry had grown from $2.2 billion in 2013 to $3.4 billion in It s an impressive growth trend in just two years. However, the statistic shows that the online gambling market has a small share of the total gambling market worldwide from 2008 to 2015, with forecasted figures from 2016 to In 2015, the online gaming gross win accounted for 10 percent of the total gaming gross yield and this was forecasted to increase to 14 percent in [2] Figure 1. Overview of the Casino Industry

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9 9 How the Cashless Casino idea emerged? As you already know, online cryptocurrency casinos have taken off, but there s currently 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 in your favourite action-packed casino games. In 2015, an interesting thesis emerges that looks at the distinctions of Offline and Online Gambling where the action of gambling offline is characterized by social interaction, a physical location that the individual travels to in order to gamble. Players value the easily accessible recreational activities and amenities when gambling at a casino. These include drinks, food, hotel rooms, and other forms of entertainment available to a consumer or tourist, such as shows, pools, and shopping, to name a few. These forms of entertainment are dependent on (a) the location of the casino and (b) the type of casino they choose to gamble at. On the other hand, the thesis proposes the notion that individual gambling on Internet websites generates new unintended negative consequences and exacerbates the existing externalities associated with offline gambling. In turn, these create market inefficiencies that cannot be corrected. Furthermore, an economical and mathematical model is tested on that hypothesis in which the author concludes that indeed, Internet gambling market fails from the creation and exacerbation of negative externalities associated with one individual s choice to gamble online. A solution is put forward which proposes that rather than attempting to impose a governmental policy that will help regulate the Internet sites, casinos should instead provide an experience similar to that of online gambling in order to properly incentivize users.

10 10 The author finally states that it could certainly be interesting to impose this solution of anonymous offline gambling in a physical casino to see if it could cause a significant change in demand for that type of game [3]. We truly understand that as much as cryptocurrency has gained widespread use it still has not been embraced and used to its fullest capacity and that is actual consumption and expenditure. On the other hand, online gambling, where cryptocurrency has been embraced, accounts for only a small percentage of the whole industry revenue. Based on the reports from the European Gaming & Betting Association, the European online gambling and betting market is a successful and dynamic sector, representing almost half of the worldwide market [4]. However, this market is still only 17% percent of the total EU gambling market indicating that a large proportion of players prefer the traditional physical casinos. Nevertheless, in the real world, physical casinos remain highly exploitative to the players with the establishments playing the gatekeeper s role. As such, there is a need for decentralization of the gambling industry as a whole which can be now achieved through blockchain technology as seen in the massive velocity this already has in the online segment. Through the adoption of cryptocurrency, there is the possibility to eliminate some prevalent issues in the traditional gambling industry including the need for trust. The adoption of the blockchain will help automate some of the crucial elements that have enhanced online gambling while at the same time reducing the risk of fraud in the physical casinos. Some of those are laid out in the FATF reports and include indicators like employee complicity in fraudulent activities, especially in cases where supposed winnings do not correspond with recorded winnings. (Lack of transparency and auditing) [5]. On the business side, the adoption of the blockchain will help develop a

11 11 more sustainable model that minimizes operational costs and overheads which in turn can be translated to higher pay-outs to the players. For instance, the reduction in credit card charges & fees currently incurred by players in converting fiat into casino chips and for payment of services within the premises will become a very welcome cost saving in Providence and therefore reallocated in different directions which will be explained in the token section. We, therefore, propose a hybrid casino that combines cryptocurrencies, blockchain technology and the real life gambling experience in a truly amazing manner. We aim to bring you world-class casino experience in true cashless form. Never before has there been one stop to spend an incredibly fun time with friends and family, all in cryptocurrency. What about the online aspect of the industry? Even though our core business will be revolving around a physical casino and resort, we are not disregarding the online aspect of the gaming and entertainment industry. 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 we, at Providence, will also launch our own online casino platform that will offer all our customers the ability to play their favourite games online. On that note, one major milestone that awaits Providence after the roll-out of the casino and hotel is a unique approach to games that will surely differentiate us from other online casinos on the market. We will be introducing a set of custom games that will be tied to the actual physical location and venue of the physical casino. A first concept of the game that is in research & development will be simple binary betting on actual player performance

12 12 in the physical casino. Imagine that, at any moment in time you will be able to see players that are participating in the live games and bet on certain people with certain outcomes. You are not participating in the games itself but betting on your favourite hot-streaker and high rollers. Example 1. A person enters a table or a game with a certain amount of chips. You can place a binary bet if this person will win or lose in the next round or dealing of that particular game. Several other concepts that are still in idea & feasibility stage include staking the house edge and increasing the odds for your gamers or margin betting (borrowing your bankroll to players) to increase winnings for both players. In addition, we will also engage our community and token holders to submit proposals and ideas how we can expand our gaming palette and offering. All implementations and milestones will be outlined in the roadmap section and further technical details in the technical approach section.

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14 14 Cryptocurrency volatility and how to solve (or benefit from) it One of the major issues with cryptocurrency and one which continues to challenge its acceptability as an asset is its price volatility. Some of the major cryptocurrencies such as Bitcoin, Ether, Litecoin have experienced triple-figure percentage growth in just a span of a year or two. The following chart shows the percentage of total market capitalization of top ten cryptocurrencies plus others which at the moment of writing amounts to almost 143 billion USD. Figure 2. Percentage of TMC (taken from coinmarketcap.com)

15 15 Moreover, their prices keep fluctuating daily making them difficult instrument for measurement and store of value. As such, these price fluctuations are expected to be a major issue of concern for Providence as it promises an entirely cashless experience. There is the need for Providence to ensure that players get value for their game s worth and that their winnings are protected. For this reason, once a player has finished playing in our world-class physical casino and is looking to cash out their winnings, they will be able to bypass volatility concerns and even draw a bigger upside from the markets uncertainty factor. Protected Winnings in Volatile Markets Upon cashing out, your casino chips are converted back to PVE Tokens on Providence Exchange. Using our exchange mechanisms, we lock down your winnings pegged to the current currency rates for a maximum of 72 hours. This presents an incredible opportunity for you as you will not be subject to the volatility of cryptocurrencies. Upon release of funds we will charge 0.5% on the amount hedged and this service will be implemented directly into Providence Exchange. Detailed information on the rates, and available cryptocurrency pairs for this service will be disclosed once the exchange is operational.

16 16 Market Downtrend For example, if you cash out $1,000 worth of cryptocurrency (PVE or BTC initially), and the value drops by 30% (or any amount) the next day, or at any time within those 72 hours, you are PROTECTED. You have a full 72 hours to claim your full $1,000 in USD, no matter what happens to the cryptocurrency market in that time period. Figure 3. Market Downtrend Hedging Mechanisms

17 17 Market Uptrend Besides this, a player can elect to let their winnings ride in a market uptrend. How? Cashing out into our casino cryptocurrency wallets is a true zero-risk opportunity with serious upside. We present our players 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 of $1,000. Figure 4. Market Uptrend Hedging Mechanisms

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19 19 Providence Technical Approach Providence casino project will run under an application developed on the Ethereum 1 blockchain. Ethereum, a smart contract based blockchain provides an ideal solution for the cashless casino as transactions can be easily conducted through participant s actions without necessitating human action. As such, gamers can easily visit the casino, exchange their cryptocurrency for chips at our own exchange and proceed to play their preferred game without the need for human actors and administrators in the currency exchange process. Of course, other cryptocurrencies will be introduced as entry points to the casino through the Providence Exchange, but the underlying infrastructure will be based on the Ethereum platform and accompanied with our own token explained in the following section. Ethereum and the ERC20 Token Ethereum allows organisations like Providence to develop and embed applications (Dapps) on its main network without necessitating the need to develop a new blockchain altogether and as such is a much faster, convenient and reliable avenue for building the platform upon which the whole casino and resort 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 of the whole network (Ethereum MainNet). It is also our selling point towards all 1 Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

20 20 regulatory bodies that will be monitoring the casino operations where we can offer complete transparency and accountability for every transaction that has happened on our premises, either via the Providence Exchange or in the internal settlement network. We will be using the ERC20 2 Token standard that describes the functions and events that an Ethereum token contract has to implement to create our own token called the PVE Token. 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 hedging 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. This will give Providence the opportunity to expand the platform and integrate into existing entertainment and hospitality infrastructures and projects while giving full support for new tokens and integrations. Raiden Network Beta Further development of Raiden Network on the Ethereum blockchain is viewed as an ideal technology that will drive the success of general casino business as we scale to 2 ERC20 standard can be analysed and further researched on

21 21 higher volumes. When ready, Providence will integrate the Raiden technology extension on the Ethereum blockchain to leverage its scalability benefits for future ventures. As such, the casino will have the capacity to conduct multiple transactions per second, as Raiden technology has the ability to perform over 1 million transfers per second. This is quite significant, especially when the casinos are busy and there will be a need to complete as many customer transactions as fast as possible. Moreover, transactions will be completed at much faster rates, offering customers the option of confidentiality whereby the single transfers are not necessarily displayed in the globally shared ledger. Furthermore, Raiden Network is expected to be interoperable, and as such can work with any token that follows the Ethereum ERC20 standard. Providence Online Casino The Providence Online Casino will have latest implementations regarding technical background and performance. The key aspects that will rolled in our initial launch of the platform will include: 0 confirmations required on deposits All games implemented using Provably Fair system Multi-currency (BTC, LTC, ETH, PVE) 3 games available in the start (Blackjack, Dice, Roulette) Lightning Network Beta One forward-looking aspect that we will be launching in parallel to the Providence Online Casino is the Lightning Network implementation. The Providence Lightning Beta will feature instant deposits with Lightning Network on Bitcoin.

22 22 Lightning network features: Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds. Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.

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24 24 Providence Token Providence will introduce its token, short-coded PVE. PVE s utilisation is to power the Providence Network. It will be used as the internal settlement currency, buy-in currency for casino gamers and consumers as well as an asset representing and reflecting Providence business performance on the markets. A total of 200,000,000 Providence tokens will be created following the Ethereum ERC20 Standard. Token Sale Summary Providence will accept a maximum of 114,000 Ether (Max Token Sale Cap) in its token sale. This amount is set to be collected in two phases; Pre-Token Sale and Main Token Sale, both of which will be crowd funded.

25 25 On 28th of September, 2017, Providence will start the PRE-TOKEN SALE and offer PVE Tokens to the community for a price of 1 ETH = 810 PVE Tokens (35% bonus applied). The pre-sale has a fixed cap of 14,000 ETH (Max Pre-Sale Cap) The second round of PVE Tokens will be offered to the community in the Main Token Sale for a price of 1 ETH = 600 PVE Tokens. The Main Token Sale has a fixed cap of 114,000 ETH. It is going to be held in November and the exact date will be announced after the pre-sale. One particular thing that we need to highlight is that our investment partner - Vlora Asset Management has participated in an OTC deal for institutional investors and reserved 15% of the tokens offered in the upcoming token sale. This gives us huge backing from the industry and has already set some milestones to be achieved sooner. ABOUT VLORA Vlora is an independent asset management company with a palette of strategies ranging from active and passive investments solutions with a focus on property management and real-estate investments. Their fundamental investment strategy relies on bottom-up analysis to identify high-quality companies at attractive prices. I. 51% of Tokens is reserved for Token Sale Contributors a. 36% of Tokens will be offered to Community Contributors b. 15% of Tokens is reserved for Vlora Asset Management which has already participated in our OTC deal for institutional investors with a vesting period condition of 6 months attached II. 49% of Tokens will stay in Providence Management

26 26 a. 31% of tokens will be retained by Providence for Casino Bankroll held in PVE Tokens. The tokens held in the bankroll will be used for: i. Physical Casino Liquidity ii. Online Casino Liquidity b. 4% of PVE Tokens will be used for Marketing & Promotional activities c. 4% of PVE Tokens will be used for Bounties d. 10% of PVE Tokens is allocated to the Founding Team and Strategic Partners & Employees with a vesting period condition of minimum 6 months attached

27 27 Token Sale Structure Token name Token type Token price (Main Sale) Token price (Pre-sale) with 35% bonus Providence (PVE) ERC20 application token to be used for transactions and consumption 1 PVE = 1/600 ETH (1 ETH buys 600 tokens) 1 PVE = 1/810 ETH (1 ETH buys 810 tokens) Total supply 200,000, Token Sale Cap (51%) Accepted currencies in Token Sale Minimum Contribution Amount for Token Sale Minimum Contribution Amount for Pre-Token Sale 102,000, PVE ETH 0.05 ETH 5 ETH Pre-Token Sale Bonus 35% Pre-Token Sale Special Contributors Sale Participant Eligibility Providence Exclusive Debit Card Anyone except Singapore and US due to legal restrictions Total percentage(%) of tokens allocated for the Token Sale Contributors and it will be distributed in two ways 51% 1) Community Contributors 36% 2) Vlora Asset Management 15% Total percentage(%) of tokens allocated to Casino Bankroll 31% Total percentage(%) of tokens allocated to Marketing & Promotions 4%

28 28 Total percentage(%) of tokens allocated to Bounties 4% Total percentage(%) of tokens allocated to Founders, Strategic Partners and Employees 10% Table 1. Token Sale Structure Distribution of Providence Tokens Figure 5. Distribution of PVE Tokens

29 29 Pre-Token Sale The Pre-sale funding has a cap of 14,000 ETH. The Pre-sale round will last for two weeks and will be organised in the following structure: a) Starts on 4th October 2017 (UTC 7:00 PM) b) Ends on 18th October 2017 (UTC 7:00 PM) c) Bonus of 35% will be applied to the bought amount of tokens d) Minimal contribution amount is 5 ETH Minimal contribution amount for the Pre-sale is 5 ETH (on top of which a 35% bonus will be applied).

30 30 Contributors that are participating with minimum set of tokens as stated below will receive an Exclusive Providence Debit Card which will be linked to Providence Exchange. Providence Gold Card Contributor Material - 18 Karat Gold Weight - Min 45g Min. Contribution ETH Figure 6. Providence Gold Debit Card

31 31 Providence Silver Card Contributor Material - Silver Sterling Weight - Min 30g Min. Contribution - 70 ETH Figure 7. - Providence Silver Debit Card After the Pre-sale and before the Main Token Sale, we will publish all available documentation and updates. This includes: Licenses

32 32 Leases Feasibility reports and projections about the Providence Crypto Casino & Resort Locations and images of the premises Updates on the roadmap Main Token Sale Providence will be holding a Main Token Sale with a max cap of 114,000 ETH. The token sale will be announced after the Pre-sale has ended. (November)

33 33 Intended Expenditure of Raised Funds Figure 8. Intended Expenditure of Raised Funds Following the chart in Figure 8; the token distribution is as following: I. 49% of PVE Tokens is retained by Providence and the exact distribution is outlined in Figure 5. II. 51% of PVE Tokens is sold to Token Sale Contributors and the funds raised will be allocated for expenditure in the following way: a. 30% for Providence Casino Architecture & Interior Design Refurbishment b. 10% for Providence Exchange Hedging Mechanism Bankroll c. 2% for Providence Exchange Development

34 34 d. 1% for Architect & Interior Design Consultants e. 8% for Physical & Online Casino Operations and Business Development Token holder rewards and benefits All our tokens are spendable and are pegged to a nominal value of Ether (1 ETH = 600 PVE) at the time of Token Sale. Contributors are incentivised to utilise PVE s in our casinos or other offerings through our venture. Providence Tokens are primarily consumption oriented, however, if you decide to hold PVE tokens, you can still benefit from our reward system. The incentives and rewards are as following: 1. Smaller transaction and Credit Card fees allow us to save a percentage of money spent on credit card transactions and redirect this value back to our consumers when they buy in casino chips with providence tokens. You will be getting an 1.5% extra chips on every buy-in you do on the casino premises. 2. Every Quarter Year, Providence Crypto Casino & Resort will allocate 20% of profits in PVE Tokens into a Jackpot system that will be implemented on the Online Casino and will be provably fair. Each Providence Token holder will get a jackpot ticket for every 20 PVE tokens held with a combination of numbers to enter the reward pool. The jackpot will run on a pay-out structure that will be based on a group share system and the exact pay-out models will be introduced once the reward system is implemented.

35 35 3. Each Providence Token holder will be entitled to a reward in PVE tokens which is composed of 1.0% Providence s total quarterly volumes in the whole network where PVE is used as a payment system and this includes Physical Casino, Hotel and other Retail Outlets that join our venture. a. The system will be implemented via a smart contract which will be doing redistribution of rewards based on quarterly volumes. Example. If Providence s quarterly volumes amount to 10,000,000 PVE Tokens, then 1% of this amount (100,000 PVEs) will be taken and sent to the smart contract. After that, the smart contract will redistribute those PVE tokens back to token holders in proportion to the share each specific token holder has in the pool of 100,000,000 Tokens distributed on the market. If you have 10,000 PVEs or 0,01% share in the market, you will be receiving 10 PVE tokens. b. By nature of token holders, it is in their interest that these services get as much volume as possible. Furthermore, as this will be a physical casino and resort for holidays and entertainment we rely on social influence of those same shareholders to drive more potential guest and customers to our entertainment complex thus increasing demand and consequently volumes. 4. Token sole appreciation in value through exchange ecosystem. Because this token has several directions of utilisation (consumption, holding, trading), we

36 36 are expecting a steady growth in value as we expand our business offers, services and introduce new and innovative ways of utilisation in our venture.

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38 38 Roadmap and Timeline Our ambitions are high and this is what we try to reflect on our roadmap. The timeline for big milestones is laid out beneath: January 2017 Providence Idea & Concept o The first concepts and plans are put to paper. Core management and 1st of September 2017 investor team is formed. Providence Website o The first version of the site is released and carries most relevant information about the Providence project and the upcoming pre-sale of the Providence PVE Token. Mid-September 2017 Providence Whitepaper o Detailed white paper laying out concepts and business details revolving around Providence Crypto Casino & Resort and the upcoming Token Sale 4th of October PRE-TOKEN SALE o The first batch of tokens with a 14,000 ETH Pre-Sale cap will be placed on sale for early contributors. The Pre-Token sale will last for two weeks

39 39 with incentivized bonus & reward structure. More info will be released on the upcoming Pre-Sale page. October 2017 Online Casino Beta Version with Lightning Network Integrated o First BETA version of the online casino platform is introduced and opened to general public. Test-net Currencies will be available for introduction to the platform. Lightning network supported (although early development) November 2017 MAIN TOKEN SALE o The remaining batch of Providence Tokens will be placed on sale and offered to the public with a Max Token Sale Cap of 114,000 ETH. The Token Sale will be active for 30 days. Start of Intensive Marketing Activities Engagement of Design Consultants and Architects for interior layouts / plans o Development of interior layouts, plans and mock-ups o Heavy marketing campaigns will be launched to promote Providence's opening in Q with the palette of services and facilities. December 2017 Updates on Providence Architectural Activities o Blueprints, Photos, Mock-up s, and Layouts. Online Casino Platform Launched

40 40 o Four major cryptocurrencies (BTC, LTC, ETH, PVE) deposits will be rolled out with an initial set of games. Start of Casino and Hotel Renovation & Refurbishment o Actual construction work starts on the Providence premises. Providence Exchange Beta Version Launched o First BETA version of the platform will be launched, and users will be able to register and get familiar with the platform. PVE token pairs will not yet be integrated, and trading won't begin until the main token sale has ended. Procurement of 99-year lease for Casino Premises Issuance of Providence Casino Licence First Quarter 2018 (Q1) Providence Gold & Silver Debit Cards o Cards are shipped to exclusive pre-sale contributors that participated with selected amounts. Providence Progress Updates o Two checkpoints with updates on the Casino & Hotel Renovations. Second Quarter 2018 (Q2) Integration of Providence Exchange o Providence Exchange system linked to Casino and all other facilities in the Resort Providence Crypto Casino & Resort opens for Guests o The big day arrives. Exact Dates will be announced in 2018.

41 41 Second Half of 2018 (Q3-Q4) Providence Smart-Contract for Reward Redistribution o Implementation and Testing of Providence Reward System outlined in the whitepaper. First Half of 2019 (Q1-Q2) Integration of Offline & Online Casino o Online casino to be interconnected on top of Physical Casino with unique ways of new gaming. Second Half of 2019 (Q3-Q4) Providence Expansion Plans Announced o New roadmap, plans and partnerships will be introduced.

42 42 References [1] Statista. Global gambling market gross gaming yield (GGY) from 2001 to 2019 (in billion U.S. dollars) Accessed 25th of July on (URL) [2] Statista. Online gaming gross win as a share of total gaming gross wins worldwide from 2008 to 2020 Accessed 25h of July on (URL) [3] Cassidy Brage. Internet Gambling: Risky Business. (Jan. 2015) Accessed 25th July of 2017 on: (URL) [4] EGBA (European Gaming & Betting Association). Market Reality - Overview of the EU Gambling market Accessed 25th of July 2017 on: (URL) [5] FATF (Financial Action Task Force). Vulnerabilities of Casinos and Gaming Sector Accessed 25th of July 2017 on: (URL) Gaming%20Sector.pdf

43 43 Disclaimers DISCLAIMER SECTION IS TO BE READ VERY DILLIGENTLY. CONSULT YOUR OWN LEGAL OR FINANCIAL ADVISOR BEFORE ENGAGING IN ANY ACTION OR ACTIVITY IN RELATION TO THE PROVIDENCE PROJECT. Providence hereby disclaims that neither we and/or any third party service provider shall be liable for any kind of damage or loss, including direct and indirect, that may fall upon you in relation to accuracy and completeness of any information this whitepaper presents and any other information material produced or published by Providence or any other third-party. VERSIONING This whitepaper might be subject to change in several additions up until the token sale. We reserve the right to change information that we deem necessary to reflect current trends or changes that are happening on the markets and industry legislation. The last version will be announced and time-stamped as final version leading to the token sale. NO OFFERS OF SECURITIES, ADVICE OR SOLICITATION This whitepaper is intended for informational purposes only as is not considered a prospectus offering any kind of securities or related products. PVE Tokens do not represent any security in any jurisdiction. The information presented here is not intended to be solicitation or investment advice of any kind. Any decisions or actions taken on the basis of information presented in this whitepaper, the Providence website or other informational mediums is done at your own risk and discretion. NO GUARANTEES There is no guarantee whatsoever that the value of Providence Tokens will rise. Providence Tokens are specifically used as a utilisation token in the whole Providence Venture. You accept the risks and uncertainties with engaging in any activities and decisions in relation to the Providence Project. No guarantees in terms of token value or future performance are made. FORWARD-LOOKING STATEMENTS

44 44 All information set forth in this whitepaper, press-releases or any other information medium include forward-looking statements regarding the future of the project and milestones regarded to it. Some of this statements may be constructed by, but not limited to, words and phrases such as "will", possible, could, intend, "estimate", may, if, "believe", "expect", "project", plan, "anticipate", or words of similar meaning. Such forward-looking statements are also included in other publicly available Providence materials. Information contained in this whitepaper constitutes forwardlooking statements and includes, but is not limited to: i. Execution of set milestones and deliverables ii. iii. Expected timeline on development and delivery of the project Liquidity and capital (bankroll) requirements The forward-looking statements involve known and unknown risks and uncertainties. These risks and uncertainties may surface as a consequence of numerous factors present in the cryptocurrency markets and political or regulatory environments and as such impede the actual performance and progress which would cause Providence to differ from expectations set by the forward-looking statements. By acting upon forward-looking information received from the whitepaper, Providence website and other information medium produced or published by Providence or any other thirdparty, you hereby accept full responsibility in the case of forward-looking statements not being satisfied, however we will use all diligent efforts to update our users and token holders on such delays or changes in forward-looking statements. EXCLUSION OF LIABILITY Providence makes no representations, warranties or undertaking in any form whatsoever and hereby disclaims any liability and responsibility to the maximum extent of the law for any statement or informative material communicated and published. The Providence team takes all reasonable steps to ensure the accuracy and integrity of information communicated as well as updating our readers on any changes that might arise in the future. REPRESENTATIONS AND WARRANTIES FOR YOU Upon taking action on the basis of information presented in this whitepaper, the Providence website or other information medium produced or published by Providence, you confirm that: a) this whitepaper, the Providence website or any other information medium produced or published by Providence is not an offering, solicitation or prospectus of any kind. b) you agree and acknowledge that Providence (PVE) Tokens do not constitute or represent any security in any jurisdiction and that Providence (PVE) Tokens are classified as a utility token c) Providence is exempted from any direct or indirect liability to the maximum extent of the law. d) you are fully aware that you are engaging into a project revolving cryptocurrency markets and blockchain technology and you are familiar with workings of this technology as well as upsides and downsides the market can present.

45 45 e) you are fully aware that you are not eligible to purchase any PVE Tokens if you are a citizen or a resident (tax or otherwise) of the United States of America or Singapore.