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Vision.One after the VOO bankruptcy – the next rebranding cycle?

27. October 2025

While the insolvency proceedings of the Austrian VOO companies continue, those responsible continue to conjure up new visions for the future on their Telegram channels. Under the slogans NOMO Ecosystem, Vision.One Cooperative and Copper Project, the community is to be motivated and further bound to the network. But do the promises stand up to reality?

The new narrative: ‘We are part of a global system’

In its latest message to the Telegram community, Vision.One praises the supposedly fully developed ‘NOMO Ecosystem’ – a digital universe that, according to the text, has the potential to establish itself as a ‘global game changer’.

According to its self-description, VISION.ONE is a European cooperative based in Austria. Its main goal is to promote the income and economic growth of its members by investing in promising projects in the real economy and the crypto economy.

The rhetoric ties in seamlessly with earlier marketing phases of Safir/ZENIQ, VOO and AVINOC:

  • grand vision,
  • emphasis on community spirit,
  • lack of concrete data on products, sales or responsibilities.

The ‘Vision.One Cooperative’ – what’s behind it?

The Vision.One Cooperative, which has been repeatedly advertised in recent months, is described as the ‘backbone’ of the NOMO system. However, there are many questions about the substance of this system.

Anyone who wants to become a member can purchase a cooperative share for a one-time contribution of EUR 100. From the second year onwards, an annual membership fee of EUR 100 is charged. This offers ‘exclusive’ access to investment opportunities such as BONDEXONE and COPPER.ONE, and, as in many MLM precursors, a lucrative income through referral systems and network commissions.

However, anyone interested in further information on the legal status of the VISION.ONE cooperative will search in vain: There is no official entry as a registered cooperative (e.Gen.) in the Austrian commercial register (cooperative register). This raises questions about the legal capacity and regulated status of the cooperative. We have already reported that such questions also remain unanswered in the sub-projects, for example in our critical analysis of the COPPER.ONE campaign.

From a critical perspective, it therefore remains unclear what legal structure this ‘cooperative’ actually has and how the membership fees are used. The promises, including an automatically assigned IBAN account (‘NOMO Pay’), are described without details about banking partners, licences or the regulatory framework.

Copper instead of crypto: The ‘Copper Project’

Another section once again promotes the so-called Copper Project, which is now explicitly listed as COPPER ONE as an exclusive investment opportunity for the cooperative. Copper is presented as ‘better than gold’ and as an ‘exclusive investment opportunity’.

Specific details – such as the company structure, location or verifiable market data – are missing. Back in the spring, critical reports had already drawn parallels with earlier, unregulated investment constructs.

Telegram strategy: controlling the flow of information

At the same time as this announcement, the .One Telegram groups were blocked for members. Officially, this was to prevent spam and fraud. In practical terms, this means that

  • only administrators are allowed to post,
  • queries and discussions are excluded,
  • and critical voices are silenced.

The communication pattern is familiar: as soon as doubts or pressure increase, channels become one-way streets. ‘Community protection’ replaces transparency.

Déjà vu in crypto marketing

The tone and structure of the new message are strongly reminiscent of earlier phases of Safir, ZENIQ and AVINOC:

  • emotional appeals (‘You are the foundation’),
  • emphasis on the size of the ‘ecosystem’,
  • introduction of new brands while old projects remain unresolved.

Our research also shows that the international corporate structures – VOO International DMCC (Dubai), VOO AG (Zug) and Pareto Avinoc Ltd. (Hong Kong) – are still active. We have already reported on the suspicion that this restructuring could serve as a front for asset shifting.

Conclusion: Same players, new vocabulary – WARNING about unclear circumstances

The current Vision.One announcement continues the familiar pattern: rebranding instead of clarification, membership fees instead of product sales, optimism instead of transparency. Observers are left with the impression that the insolvency of the Austrian VOO companies merely marks the transition to a new stage of the same network – this time under the label NOMO Ecosystem.

Although the cooperative promises a regulated form, the unclear registration circumstances, the lack of FMA approval and the parallels to previous insolvent projects indicate an increased risk.

Note / Legal: This article is a journalistic analysis. It contains both verifiable facts (with sources) and assessments in the sense of expressions of opinion in accordance with Art. 5 GG / Art. 10 ECHR. All assessments are based on publicly available information and our own research (as of 27 October 2025). Affected companies have the opportunity to comment and issue counterstatements.

Sources:

Telegram chat .One

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