Unveiling Vision — our new all-in-one Web3 token.
We’re bringing our existing tokens — the Bitpanda Ecosystem Token (BEST) and Pantos (PAN) — together to create something new: a single token called Vision (VSN).
Vision will be used across Bitpanda and in the world of Web3, making it easier and more useful - offering features & benefits onchain and across Bitpanda’s ecosystem.
If you already hold BEST or PAN, great news — you’re already part of what’s coming next! Your current tokens will merge into Vision (VSN). Holders will receive Vision (VSN) tokens at the following fixed conversion rates based on the last 30-day average daily closing price ratio of BEST to PAN: 1 BEST = 4.91 VSN and 1 PAN = 0.89 VSN
We’ll share more updates soon, so stay tuned.
Disclaimer: This is just an announcement and not an offer to the public under the Markets in Crypto-Assets Regulation (MiCAR). More details for VSN and the merge of BEST and PAN to follow.
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Crypto-assets are highly volatile. You could sustain a loss of some or all of your investment, so it is important to invest only what you can afford to lose. For a detailed overview of the risks, please review the Risk Disclosure.
BEST is the Bitpanda Ecosystem Token and offers the growing community of millions of Bitpanda users a wide range of rewards and benefits within the Bitpanda ecosystem. BEST is Bitpanda’s loyalty programme and generally speaking, the more BEST users hold, the more rewards they may be entitled to receive. From a technological point of view, BEST is issued on the Ethereum blockchain as an ERC20 token. An amount of 1 billion BEST was created (never to be increased) and 500,000,000 BEST was offered during the IEO, while the remainder is held by Bitpanda as company reserves. The raised funds are used to achieve Bitpanda‘s vision of democratising investments, to further grow the platform and to fuel expansion plans.
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