What are the advantages of this cryptocurrency over others?
- The system is very simple and
user-friendly. To open a wallet, you only need to download the app to
your smart phone. To buy vipcoin.gold, everything you should do is enter
details of your bank card in the app and confirm a purchase with one click;
-
The system can process thousands of transactions per second due to the advanced
blockchain (Blockchain Graphene, Delegated Proof of Stake (DPoS));
- 100% of gold is backed by gold;
What will be the price of vipcoin.gold?
The price for the first emission
will be equal to 1/100 grams of gold.
All
the subsequent emissions will have a market price of vipcoin.gold. The market
price will be calculated as follows:
Price
of vipcoin.gold = Market price of reserved gold / number of coins in
circulation
Example:
Let's
suggest that the price of one vipcoin.gold is €0.35.
Some group of people spend €3,500 to
buy 10,000 coins in total (€0.35 x 10,000 = €3,500).
Then,
suggest that this group completes 500 transactions by transferring, on average,
1,000 coins per one transaction. Since 0.25% of every transaction is withdrawn
from circulation, it means that 1,250 coins will be withdrawn in total (500
transactions x 2.5 VipCoin.gold = 1,250).
In this way, the users have in their wallets a total of 8,750 coins (10,000 - 1,250 = 8,750), with the same amount of reserved gold (for €3,500). The price of vipcoin.gold will now be €0.40 instead of €0.35 (€3,500 / 8,750 = €0.40), meaning rise in price by 14,28%.
Will emission be limited?
Emission of coins is unlimited, it takes place when they
buy coins. The company emits as many coins as can be bought at that moment at a
current exchange rate. Hence, it makes no sense to somehow limit emission,
since 100% of coins is backed by gold.
How many shares are going to be sold?
A number of shares will be limited every three months by
derease of shares included in the pack. The sale of shares will end
together with the currency capitalization worth € 900 mln.
How much is the transaction fee and where does it go?
Each transaction has a fee of 1%
which is paid by beneficiary.
The
fee is divided into three parts:
-
0.5% is distributed among shareholders proportionally to their shares;
-
0.25% is credited to the affiliate who connected a merchant (or outlet)
accepting cryptocoins for payment;
- 0.25% is withdrawn from circulation.
What are the benefits to me as a shareholder?
As a shareholder, you will have
the following benefits:
-
You will be receiving a percentage of every transaction worldwide from the fee
fund;
-
You can engage merchants and receive a percentage of fees from
transactions processed in the outlet;
-
You can have a proof nod (a server verifying blockchain transactions) and
receive remuneration;
-
You can sell your shares at the market price on the internal exchange;
-
You can make money on the company marketing campaign;
- You can exchange your investment for vipcoin.gold at the best exchange rate.
How can I exchange my shares for vipcoin.gold?
- Your shares can be
exchanged for cryptocoins at the favorable exchange rate 12 months after the
purchase.
The exchange will be as follows: the amount of your investment is divided by the coin rate, then the obtained amount of cryptocoins is credited to your account.
Where does shareholders’ money go?
Shareholders' money goes to the
launch of the system, namely:
-
blockchain system development, purchase of servers;
-
development of the two mobile apps on Android and Apple;
-
system vulnerability testing;
-
affiliate program (marketing incentive program);
-
marketing and advertising costs aimed at the cryptocurrency promotion;
-
ensuring favourable conditions for major merchants (for instance, decrease of
the fee amount for a major regional store for a cerain period etc.);
- purchase of gold to promote growth of vipcoin.gold.
What safeguards do I have as a shareholder?
Not a single cryptocurrency can
provide you with safeguards, however, we did our best to assure stable
performance of VipCoin.gold:
-
Every shareholder is given an attested certificate by VIP Invest Ltd.;
-
The number of shares and compensation for VipCoin.gold from the renumeration
fund can be checked in your mobile application;
-
All the gold is secured by the international insurance company and kept in the
UAE prime bank;
-
VIP Invest Ltd and its affiliates act in strict compliance with the law of the
UAE and EU;
-
A shareholder gains access to audit reports of VIP Invest Ltd and to the bank
statement proving availability of gold;
-
Over time, shares can be partially or fully sold on the exchange at a bargain price.
