CONNECT model: Between ‘hub’ and repetition into risk?

CONNECT (connect.ac) promotes itself as a ‘private hub’ for crypto and DeFi services. Behind it are providers such as WADZ, BXpay, NodeK and Centtura – and rhetoric that is strikingly reminiscent of Safir, Zeniq, XPro and Homnifi. For investors from the EU, this raises legal and consumer protection issues. A new name, old acquaintances The […]

WADZ: Recovery, licence purchase, Uniswap – the fact check for Safir/Zeniq/XeraPro users!

A critical look at the ‘WADZ’ model and why victims of Safir, Zeniq and XeraPro are being targeted again. The legacy: Safir, Zeniq and XeraPro Many thousands of small investors in Europe, especially in German-speaking countries, have invested money in the supposed future projects Safir, Zeniq and XeraPro. They were promised an innovative ecosystem consisting […]

‘Copper’s golden opportunity’? A critical analysis of the Copper.One campaign

Copper.One: glossy advertising meets critical uncertainties The Copper.One project, an offshoot of the insolvent VOO/AVINOC environment, advertises a token called TCu29, which is supposed to represent one pound of copper from an alleged mine in Arizona. However, this token is not yet backed by physical copper; it is purely a symbolic promise. According to our […]

Mining Race / Mining Grid & ICONX in Dubai: IT licence instead of ‘crypto mining’

According to the files, Miningrid L.L.C. is duly registered in Dubai, but for IT, cloud and software services, not for crypto mining, financial services or investment products. ICONX Marketing Management L.L.C. had or has a marketing licence. Public authorisations permitting the distribution of mining packages, investments or virtual asset services are currently not apparent. Public […]

From XPASS to recovery licence – how XPro ties its buyers to internal credit balances!

A product is discontinued before it even gains a foothold! The company XPro has surprisingly announced the discontinuation of its product XPASS, just a few weeks after its launch. In a message to the ‘XPro community’, it states that, as part of a ‘strategic realignment’, it has been decided to discontinue XPASS for the time […]

VOO AG: Restructuring as a front for asset transfer?

There is little evidence of independence: commercial registers and timelines reveal contradictions between official statements and corporate reality. VOO AG recently published an official statement to distance itself from the insolvencies of the Austrian companies VOO flights GmbH and VOO Aviation Service GmbH. According to its own statement, the Swiss company VOO AG, represented by […]

The sunk cost effect: Why people stick with questionable investments

From the outside, it often seems incomprehensible: Why do people stick with projects that obviously don’t benefit them or even harm them? The answer often lies not in a lack of intelligence or information, but in a psychological phenomenon: the sunk cost effect. What is behind this effect? The “sunk cost effect” describes the tendency […]

Vision One, VOO and Copper One: No FMA approval

In response to a journalistic enquiry, the Austrian Financial Market Authority (FMA) has confirmed that none of the companies associated with VOO/Vision One, including Vision One Genossenschaft, VOO Aviation Service GmbH, VOO Flights GmbH and the Copper One project, hold an official licence to provide financial services. Similarly, none of the products offered have an […]

Backdated or legal? Dispute over service agreement puts Safir.com in a tight spot

A potential economic conflict with criminal implications is brewing in connection with the Safir.com crypto project, which is now once again occupying the Austrian judiciary. At the centre of the dispute is a controversial ‘service agreement’ (SA) which, according to several plaintiffs, was backdated in a project worth millions. The document plays a key role […]

Vision One – The legacy of Voo, Zeniq and Safir: New cooperative, old patterns?

Despite technical problems, unanswered questions and the insolvency of former companies, the Vision One project currently presents itself as a fast-growing cooperative with global ambitions. However, internal communications and new product announcements raise critical questions about its economic substance, legal classification and structural links to former crypto platforms such as Zeniq and Safir. Between a […]