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VipCoin – gold backed cryptocurrency VipCoin is a gold-backed cryptocurrency based on a private blockchain. Unlike other cryptocurrencies that are subject to high volatility, it’s a stable cryptocurrency 100% supported by gold. Due to this feature, the system guarantees users to receive income in the amount of 0.5% of the transactions conducted in the system. The infrastructure enables simple conversion into fiat, the possibility of non-cash payment and other functions of a full-fledged payment system. The reason why VipCoin is different from other digital currencies is its price will permanently grow. The cryptocurrency is administered by VIP Invest Ltd, an international company, with its headquarters located in the United Arab Emirates. All the transactions are recorded on twenty company servers located around the world.