Der | Dom

Revenue Engine & Event-Driven Utility: In Blog #7, it was stated that the wallet must generate revenue across different market phases, even when the market is difficult. Additionally, the recent teaser shows a "YES/NO" interface in a live-viewing setting. Will the upcoming lead feature be an event-driven product where users interact based on real-time real-world outcomes, and is $VSN natively integrated into this loop to act as a value driver beyond mere fee-burns? ​Direct Token Integration vs. Indirect Benefits: For long-term investor confidence, a systemic dependency on the token is crucial. Will $VSN play a primary, native role within the upcoming wallet architecture (e.g., as collateral or the primary interaction medium), or will the new features mainly operate via traditional currencies/stablecoins with $VSN only benefiting indirectly through secondary mechanisms like multipliers or background buybacks? ​Tokenomics Transformation & Governance Effectiveness: The transition from a strictly limited deflationary model (BEST) to an ecosystem without a hard cap (VSN) represents a fundamental shift in economic DNA. While emissions are being adjusted via the upcoming governance vote, how will the team ensure that a reduction in staking rewards does not lead to a decrease in holding motivation before the product-driven buybacks and burns can fully scale? ​The Wallet as a Web3 Sandbox vs. Core Platform: Blog #7 describes the Vision Wallet as a "sandbox" or experimental field for Web3 products that might not fit directly into the main Bitpanda broker due to regulatory or structural reasons. If a product inside this sandbox becomes highly successful, is there a risk it will be migrated to the main platform and lose its specific $VSN utility, or will the token utility scale symmetrically with the product's growth? ​Timeline for External vs. Internal Burn Mechanisms: It has been stated that external sequencer revenues from institutional partners will kick in once the Vision Chain is fully live. Until then, revenue-linked mechanisms will rely heavily on wallet-side activity. Can you provide a clear roadmap for when the wallet-driven mechanisms will start impacting the supply, and what the estimated timeline is for the transition to actual external enterprise network burns?

It’s time for our May Q&A 🙌 This time, we’re switching things up: instead of a video, we’ll answer your questions in a blog post. That means we can move faster and cover even more of your questions at once. Leave your questions below 👇

@andisuperfly @vsntoken Niveau ist keine Creme.

@vsntoken Wie lange spielt der Dicke noch mit vermeidbaren Ankündigungen die er dann 24x aufschiebt?

@MasterRasim @FkleinwieGross Vsn sollte diesen Part weiterführen? Hm... wo hast du das gelesen? WP und VP sagen eigentlich genau das Gegenteil.

Hey @FkleinwieGross , I’ve been staying in the background lately to get some distance, but the "Community Dom Ask" series was such a hit (and seemed like fun for you too), that I couldn’t resist starting a new round. We’ve analyzed Blog #7 and the latest Q&A. It’s time to dig deeper into the "Real Impact" phase. Here are 7 questions for the team: Revenue Drivers: You mentioned a new feature being a "revenue driver." Is this a product based on real-time events where users actively interact, generating continuous protocol fees for the VSN burn? Lessons Learned: Which feature did you internally view as a major highlight for the price that ended up having little impact and what did you learn for upcoming releases? Mathematical Impact: Do you have more features in the pipeline that deliver a real, mathematical impact on the price (not just narrative)? Why are you confident this time? Utility Multiplier: Will the new Staking Multiplier be integrated into the upcoming lead feature to turn VSN from a passive "holding token" into an active tool for better conditions? The Sandbox: If the wallet is a "sandbox" for Web3 products: Will we soon see markets there that monetize collective intelligence and predictions? External Burns: When will we see the first burn generated by actual external partner revenues (RWAs/Banks)? The Supply Issue: How do you build long-term confidence despite the lack of a hard cap, especially if revenues don't scale immediately? The market is tired of announcements; it’s waiting for the "Reality of Now." Looking forward to your insights! #VisionChain #VSN #Bitpanda #CommunityDomAsk #CryptoRealism @vsntoken @VisionWallet

@FkleinwieGross @vsntoken Wen? @FkleinwieGross 👀😅

@FkleinwieGross Unfortunately, we're still waiting, so here's another question. Of course, your goal is to make the project a success, just as our goal is to measure success by the token's price. When will the project be a success for you? @FkleinwieGross @vsntoken

@FkleinwieGross Appreciate the honest and transparent response, @FkleinwieGross ! This shows exactly the maturity and professionalism we want to see as long-term partners—less hype, more focus on mathematical revenue and sustainable burns.

Sorry this took a bit longer than usual, very busy times: 1. Revenue drivers Yes. The upcoming feature is designed to create paid user activity, regardless of whether the crypto market is moving up or down. We are not ready to reveal the mechanic yet, but the goal is clear: users interact with the product, that activity generates fees, and those fees can later flow into the VSN economy. This is the direction we need to move in: features that generate revenue, not just attention. 2. Lessons learned One key lesson is that utility has to meet users where they are. Many VSN holders are long-term users, not DeFi-native power users. They want clear, understandable benefits, and that is fair. At the same time, rewards for holding alone do not build a healthier token economy unless they are connected to real usage, fees, or product activity. So our filter for upcoming releases is stricter: create usage, generate fees, make VSN staking more valuable inside the product, or improve retention. The goal is to bridge both sides: give holders benefits they understand, while building mechanics that actually strengthen the ecosystem. 3. Mathematical impact No feature can guarantee price impact. Anyone claiming that would not be serious. What we can build are mechanisms with measurable effects: more fees generated, more VSN staked, more tokens bought back or burned, and more users actively using the Wallet. The flywheel can create price impact, but it will not spin without usage. That is the focus now: less narrative, more measurable impact. 4. Utility multiplier The VSN staking multiplier is intended to become the core Wallet mechanic. The idea is simple: the more VSN you stake in the Wallet, the more you get out of future features. There is an upcoming feature where this is integrated from launch, though it may not be the one you are referring to. Once the features are revealed, we can also talk more openly about the decision-making behind them. 5. The sandbox As mentioned several times, we are keeping the next larger Wallet feature close to the chest for now. So I will not speculate on whether it could be a specific type of product before we are ready to talk about it properly. 6. External burns External burns from partner revenues start when Vision Chain is live and partners begin generating sequencer revenue. Until then, the first revenue-linked mechanisms are more likely to come from Wallet-side activity. 7. Supply issue Many successful tokens do not have a hard cap. Confidence will come from actions, not promises. The first step was reducing emissions. The next step is offsetting supply through burns. After that, revenue-based buybacks need to become part of the system. If revenue takes longer to scale, we still need to keep dilution low and make disciplined decisions.

@IchTobiass ?

@DerDom_Bo ja oder nein?

Iceman in the playlist. VSNMAN in the portfolio.

@IchTobiass @waleswoosh Hab ich gesehen, liest sich gut, oder?

@waleswoosh @DerDom_Bo

@cryptofant_ @vsntoken Immer genau das Gegenteil von dem was in der App steht, dann werden wir reich 🤣

@DerDom_Bo @vsntoken So lange nach Außen nichts weiter geht können wir damit wenigstens auf den Wetterbericht tippen und Gekd verdienen 🌚😎💪🏻🐳

Stablecoins, tokenised assets or prediction markets are no longer just concepts, they are the main driving forces bridging TradFi and onchain. While the RWA space is scaling at light speed, too many people are still looking away. It’s time for more education.

@Amin_VSN @vsntoken @Bitpanda_global Gut das viele andere Motivationen haben den Token zu halten oder zu kaufen, es sollte nur ein wenig mehr werden. 👀

@DerDom_Bo @vsntoken Schätze sehr dein Engagement! Ich kenne auch einige persönlich, doch Personen können kommen und gehen, mein Vertrauen gilt dem backed by @Bitpanda_global

Liebe VSN-Community ❤️ Endlich ist es so weit: Unsere erste echte Governance-Abstimmung bei @vsntoken läuft – und ich finde das richtig stark! 🚀 Nach all den Monaten, in denen wir nur zugeschaut haben, können wir jetzt wirklich mitentscheiden, wie es mit dem Projekt weitergeht. Ich habe mit JA gestimmt. Für mich ist dieses Proposal ein ehrlicher und notwendiger Schritt. Ja, die Staking-Rewards werden angepasst. Aber lieber weniger pro Woche und dafür ein langfristig tragfähiges Modell, als dass wir in einem Jahr wieder vor der nächsten Notlösung stehen. Ich finde es total okay und sogar wichtig, dass wir über beide Seiten sprechen. Wer gute Argumente für NEIN hat – raus damit. Wer erklärt, warum er JA wählt – ebenfalls. Genau das ist der Sinn von Governance. Was mich aber mittlerweile echt stört, ist dieses endlose, toxische Zerreden. 😩 Das ständige Prophezeien „der Kurs crasht sowieso“, „alle verkaufen danach“, „die Foundation zahlt eh nur sich selbst“ und das ewige Meckern, bevor das Ergebnis überhaupt feststeht. Das bringt uns keinen Millimeter weiter. Man sieht gerade ganz klar drei Lager: ✅ Die, die das Proposal für einen guten, mutigen Schritt halten und JA stimmen. ❌ Die, die echte Bedenken haben und NEIN sagen – auch völlig legitim. 😶 Und die, die das Proposal offensichtlich nicht mal richtig gelesen haben, aber trotzdem lautstark mitdiskutieren… ohne selbst abzustimmen. Letztere nerven am meisten. Ahja, und dann gibt’s noch Markus Miller & Co. Der Mann lässt wirklich keine Gelegenheit aus, alles in Grund und Boden zu schreiben. Bitpanda, Vision, Florian Klein, die Tokenomics, die Kommunikation – immer derselbe negative Tenor. Mal ganz nah am „Schneeballsystem“-Vergleich, dann wieder gerade so verpackt, dass es rechtlich passt. Jede Ankündigung wird sofort als Inszenierung oder Pfusch abgetan. Kritik ist wichtig. Sehr sogar. Aber wenn aus konstruktiver Auseinandersetzung Dauer-Negativismus wird, der vor allem enttäuschte Ex-Investoren anzieht und hochkocht, dann ist das kein Mehrwert mehr. Übrigens: Vision hat es sogar möglich gemacht, direkt in der Bitpanda App zu voten. Ein riesiger Schritt für Zugänglichkeit. Und selbst das wird von manchen noch schlecht geredet. 🤷‍♂️ Leute… das ist euer Investment. Nehmt euch einfach mal ein, zwei Stunden Zeit, lest das Proposal, bildet euch eine eigene Meinung und votet. Das ist der einzige Weg, wie eine Community wirklich wächst und lernt. Nicht durch den 47. Thread mit „hab ich’s doch gesagt“. Ich habe JA gestimmt. Ich stehe dazu. Und ich freue mich auf das Ergebnis – egal wie es ausgeht. Denn nur so entwickeln wir uns weiter. Was denkt ihr? Gerne sachlich und mit Begründung – ich lese mit. 🙏 #VSN #Vision #Governance #Crypto

@maschmeyer Wenn Sie doch nur genau das gleiche mit den mehr als 10k geschädigten AWD Kunden gemacht hätten. Aber hey, das ist ja ewig her, Pustekuchen. Bissel Demut täte da gut, man kann nachdem man schlechte Dinge getan hat, gute Dinge einfach tun ohne es in die Öffentlichkeit zu tragen.

Also, die Entscheidung ist getroffen: angenommen, diese 1000 Euro Entlastungsprämie kommt tatsächlich nicht, dann werden wir bei der Maschmeyer Group eben einen außerordentlichen Bonus auszahlen, sodass jeder Mitarbeiter 1.000 Euro netto erhält. Ich habe es angekündigt und lasse meine Mitarbeiter so ein missratenes Kommunikations-Desaster der Politik sicher nicht ausbaden. Liebes Team: ihr habt es euch verdient. Lieber @larsklingbeil, ihr habt euch die Mehreinnahmen sicher nicht (!) verdient.

Ooookay, Community Dom Ask Incoming..... @FkleinwieGross #friday #hardquestion #5

A philosophical question - if the whole world put their problems on a piece of paper into a box, would you be willing to throw yours in and then draw another one, or would you rather keep yours?

A philosophical question: If I know today that everything that happened in the past will be publicly accessible to everyone, will I live differently tomorrow than I did yesterday?

@HODLX100x Wen?

Criticism of Vision $VSN is fair as long as usage, tokenomics and the chain rollout are not clearly proven yet. But deriving the collapse of Bitpanda and VSN directly from one management departure, IPO rumours and an ECB digital euro tender is just as narrative driven as the blind bull case. What will really matter are real usage data, sustainable tokenomics and clear communication. @vsntoken

@eric_demuth @Bitpanda 100% Cashback for Markus Miller Premium Service? 😅

I want to build the next generation of our Crypto Card and I need your help to make it outstanding. Right now, you can already spend over 700 cryptos globally with the Bitpanda Visa Card, seamlessly, without any prefunding, directly from your Bitpanda wallet. Groceries with Stablecoins, coffee with DOGE or Bitcoin, whatever you prefer. You can switch the crypto asset anytime. Our users have loved this product for years because it gives them maximum flexibility. But for the next version: what features and goodies would you want to see?