Ecosystem Blog #5

Web3 Committee, new engineering leadership, and community Q&A

A few important updates from our side.

Next week the Web3 Committee meets, we’re strengthening the wallet engineering leadership, and we’re answering a new round of community questions as openly as we can.

Web3 Committee

The first Web3 Committee session of the year will take place next week.

Lukas Kurzmann, the community representative, has been approached about writing a blog with his reflections. Just to set expectations clearly: it won’t be a full disclosure of everything discussed. Some topics are confidential by nature.

What we do want, however, is for Lukas to share his honest thoughts about the direction, the discussions, and where he sees VSN heading. Think reflection, not minutes of the meeting.

Welcome, Vinit

We’ve strengthened the engineering leadership behind our Wallet.

Vinit joins us as Engineering Manager for the DeFi Wallet. He’s Australian, based in Vienna, and brings over 20 years of experience building large-scale systems and leading engineering teams across high-security environments, financial markets, and enterprise platforms.

Before Bitpanda, he led engineering and architecture teams responsible for mission-critical systems at the IAEA, working across secure multi-network environments. Earlier in his career, he helped build and operate real-time trading and operational platforms in systematic commodity trading.

Alongside his leadership experience, Vinit remains hands-on, contributing to internal tooling, automation frameworks, and Web3 components.

Right now, his focus is straightforward: scale a strong engineering culture around the wallet, improve developer productivity, and make sure the team can deliver consistently at a higher level.

Community Questions

We asked the community what they would like us to tackle in today’s update. Below are the main topics and answers. 

Ecosystem maturity

If we had to put a number on Vision’s maturity, it would be around 40 percent.

The core pieces are in place: wallet live, protocol running, chain architecture defined, stack locked in. But real maturity means end-to-end activity. Institutions issuing assets. Users using them. Developers building on top. Revenue flowing.

That’s the phase we’re entering.

And 100 percent maturity isn’t realistic in an evolving ecosystem. The goal is not to finish, but to keep compounding.

Vision Protocol 

The main focus right now is reliability.

Improving routing quality, execution consistency, and expanding provider coverage comes before external integrations. The roadmap centers on more utility, stronger reliability, and broader distribution over time.

First strengthen the foundation, then scale outward.

Vision Chain

The motivation behind Vision Chain is simple: Europe needs onchain infrastructure that works with regulation, not against it. Our goal is to connect traditional finance with the onchain world and act as a bridge builder between the two. Bitpanda brings distribution, trust, and an existing user base. Combining that with the right infrastructure creates a real structural opportunity.

Regulatory frameworks like MiCA, DORA, and MiFID shape the architecture, especially around onboarding and compliance. The chain is EU-first but adaptable.

Vision Chain itself is core infrastructure and built internally together with our rollup partner. What gets built on top is open. Products can come from Bitpanda, institutional partners, or independent Web3 developers. It is absolutely open to startups.

A formal builder and grant process will be introduced alongside the first public developer documentation. Our current plan is straightforward: teams apply for devnet access with a pitch, and the strongest projects receive support to build toward mainnet.

Wallet Simplicity

Is the Wallet “Apple easy” yet?

Not yet.

The goal is simplicity without hiding how things actually work. That means smoother onboarding, clearer in-app explanations, and fewer friction points overall.

We’ve already made meaningful progress. Aggregating by asset, adding discovery, and sponsoring gas were important steps. But there is still work to do. Swap stability needs further improvement, and error messages should better explain why something didn’t work instead of just failing silently.

Upcoming improvements like social onboarding, ENS integration, and more native fiat onramps will make the experience significantly more seamless.

And just like the broader ecosystem, this will never be 100 percent finished. It will keep evolving.

Disclaimer

Investing in digital assets carries risks, crypto is volatile. In extreme cases, the invested amount may be lost completely. This article does not constitute an investment advice or an invitation to conclude a transaction. In no way is performance or results guaranteed. You should keep yourself informed and understand the risks involved in buying and holding digital assets. This article is for general information purposes only and does not constitute investment advice, nor is it an offer or invitation to purchase any digital assets. Furthermore, no representation or warranty, either expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of this article or opinions contained herein. Investing in crypto assets carries risks, and may not be suitable for all investors. Make sure to conduct your own research before making any investment.