VIP Token is a BEP-20 cryptocurrency on BNB chain. It was designed to primarily serve as a loyalty and membership token that allows the VIP Token community to access VIP sections, concerts, and other types of events.
Besides using the token to enter events, users are incentivized to hold the token long term instead of trading. Each transaction is taxed and the collected taxes go towards community benefits, automated liquidity acquisition, project development, and a burn address which makes the token deflationary. The goal of the project is to make the whole user experience simple and straightforward so that new users to the crypto space can easily enjoy the benefits of being a part of the VIP Token community. The upcoming iOS and Android apps will simplify things like onboarding, holding, using the token to enter events, and off boarding.