ICO date: 05.04.2018 - 30.04.2018

VISO system’s goal is to allow you to make your cryptocurrency payments from anywhere. They are creating a full circle of technology to make and accept cryptocurrency payments and payments from credit cards.

How it works:

VISO introduces a whole ecosystem of technological solutions. The main ones are VISO wallet, SMART terminals and VISO shop.

Arguably the most prominent feature that VISO introduces is its SMART terminals. It is a portable terminal that can accept both credit cards and payments in cryptocurrency. It can also be used to register purchases in cash. Company’s vision is to start selling these across the country to allow merchants to accept a wider variety of payment options.

VISO wallet is an app that allows you to keep your fiat and cryptocurrency in one place and to make payments through the SMART terminal. They can also issue a VISO credit card upon request.

VISO shop is a platform that allows to build you own e-commerce website with payment options already integrated in it.

Other features include seller’s personal account accessible from terminal and desktop that a seller can use to monitor his economic activity and an exchange system of their own.


It is easily seen that innovation is not prominent in this one. Mobile wallets and payments have been introduced a long time ago. E-commerce site builders are not a novelty either.

The only really innovative thing VISO has to offer is their SMART terminals. This solution might really change the way cryptocurrencies are now and make it possible to casually buy your groceries with BTC. Or something more stable for that matter.

Another important factor to take into consideration is the country of origin and the country where VISO plans to start distribution of their terminals, Georgia. For a developing country this project may very well be highly innovative.

Innovation score: Medium

Token value:

VISO’s token, VITO, serves as a medium for exchange of other fiat and cryptocurrencies in VISO wallet. This grants rise in price for VITO token, as users will be triggering VITO transactions any time they exchange currencies or make payments.

It will also be sold on major exchange markets.

Token value score: Medium

White paper:

The project’s white paper is well composed, showing all elements necessary to classify it as a high quality one. It explains the details of the concept in a clear language, but also provides technical details and guides the reader though possible legal issues and their resolution.

White paper score: High


The first part of the roadmap takes time to boast about the team’s past achievements. To be fair, there is a lot to boast about.

From looking at it you can tell that the team is business, not development driven. Milestones are not centered around development progress, but rather around launching the project and extending it to other countries

They plan to launch the project in Georgia in March 2018, and start working in Belarus in November. The milestone for 2019 is to launch VISO in other countries. However, it does not state which exactly.

As for technology readiness they seem to have it all covered: SMART terminals are ready to be produced and the deals with manufacturers are made; the exchange platform and preprocessing technology are developed. The only thing they have to work on is finishing VISO wallet.

Judging from the fact that they have already risen one third of their $3.000.000 goal with 34 days to go shows that the project will probably be a success.

Roadmap score: Medium

Business model:

The team is heavily business centered so they have a very solid business plan. You can read it up on their site. They are planning on multiple revenue sources: selling and maintaining SMART terminals, charging for site building services and gathering small fees from transactions in their system.

The only downside is that the success of VISO relies heavily on the network of point-of-sale SMART terminals. So their growth is restricted by the rate at which these terminals are purchased. But with their marketing team this should be a temporary problem.

Business model score: High


If great team means great success, VISO have it all figured. The founder has 18 years of experience in banking; the team has two people with PhD in Economics, one of whom has 20 years of experience in the legal sphere too. The composition of the team allows VISO to be on the forefront of technology, to analyze and understand the market and know all legal problems that may arise.

Among the many advisors they list Ivan Petushkovskiy, the owner of Europe’s biggest cryptocurrency exchange, EXMO.

Team score: High


VISO doesn’t provide the analysis of their competition on the site, which is a shame. The competition is vast. First of all, they set out to compete against classic point-of-sale terminals from one hand and mobile payment system on the other. These are heavy players to compete with.

Secondly, there are numerous startups offering point-of-sale terminals that accept cryptocurrencies. CoinKite, CoinBase, Revel and XBTerminal just to name a few.

However, while many startups offer mobile based solutions for brick and mortar stores, VISO offers a terminal with a touchscreen that combines mobile and classic payment methods. It makes it easier to keep all transaction information in one place and might be more interesting for store owners than other solutions.

Competitors score: High

Overall thoughts:

VISO is a very local startup for now and you will probably not be able to use it in USA for the next 3 years or so. Still, the team is good enough to make this project a revolution in payment systems in their country and progress to the surrounding ones. It won’t change the world, but will give you a stable return on investment.

Website: Site
Whitepaper: Whitepaper

Overall Score


3.7 / 5

Risk score




ICO start date: 05.04.2018
ICO end date: 30.04.2018


Ticker: VITO
Token price in USD: 0.10
Accepted Currencies: BTC, ETH, WAVES, USD, EUR


ICO Platform: No
Registration Country: Georgia