Vision
VSN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
VSN (Vision) presents a challenging investment profile characterized by substantial data gaps and structural centralization risks. Active Development and Security and Audit History lacked sufficient project-specific data (-1.0) due to search coverage limitations, and were excluded from the weighted score. Among evaluable areas, Tokenomics scored highest (6.0/10) due to tangible ecosystem utilities—such as fee discounts on Bitpanda, staking, and gas functionality—alongside a circulating supply of ~85%. However, this is counterbalanced by weak organic Community Support (2.5/10), which relies heavily on Bitpanda's corporate channels, opaque Team and Governance (4.0/10) with no publicly named leadership or verified audit artifacts, and poor Market and Use Case dynamics (3.5/10) marked by severe liquidity constraints (~$66.84K daily volume against a ~$143.79M market cap). No qualifying red-flag events were established.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Vision (VSN)
Vision (VSN) is an ecosystem token issued by the Vision Web3 Foundation and integrated with the Bitpanda Web3 platform. Launched on July 16, 2025, the token is deployed as an ERC-20 contract on Ethereum with an additional deployment on Arbitrum One. VSN is designed to serve multiple functions across its associated network, including paying for gas on the Vision Chain, enabling platform access, providing trading fee discounts of up to 20% on Bitpanda, and facilitating staking rewards offering up to 10% APY.
The tokenomics structure consists of a total supply of 4.2 billion VSN, with approximately 3.57 billion to 3.63 billion tokens (roughly 85%) in circulation. Rather than having a strictly fixed supply, VSN utilizes a protocol-based emission model to fund staking and development, paired with a buyback-and-burn mechanism funded by platform revenues and transaction fees. VSN is listed on secondary markets, including MEXC.
Despite its integration with an established platform, the project exhibits several transparency and market risks. VSN suffers from severe liquidity constraints, characterized by very low daily trading volume relative to its reported market capitalization. Furthermore, the project lacks publicly named leadership, verifiable third-party smart contract audit reports, and public documentation of governance voting or vesting schedules. The project's operations and community infrastructure remain heavily dependent on Bitpanda's corporate channels, with limited independent governance participation.
