Get Tokenomics

Bring real-world value on-chain — defensibly

Asset structure, cashflow design, custody and verification model, distribution strategy, regulatory matrix. We design the economic and structural framework that legal counsel and developers can implement without rewriting from scratch.

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40+
tokenomics projects
240+
patterns library
6
tokenization tracks

What we design

Six parallel tracks — the problems that only emerge when off-chain value has to mirror on-chain.

Asset structure and feasibility

What is tokenizable, at what cost. Regulatory constraints, custody feasibility, market demand, attestation paths.

Token structure and jurisdiction

Security vs utility, jurisdiction (MiCA, Cayman, BVI, Switzerland, Singapore, Delaware), entity layering — the wrapper that fits asset and investor base.

Cashflow and return design

How returns flow from asset to token holders — waterfalls, fee splits, redemption, default paths. Each stakeholder verifies their own leg.

Custody and verification model

How the off-chain asset is held, audited, and mirrored on-chain. Custodian criteria, attestation cadence, proof-of-reserves, redemption verification.

Distribution and secondary market

Investor strategy (accredited, retail-eligible, geo-restricted), KYC/AML, issuance venue, secondary liquidity (DEX vs regulated ATS), exit paths.

Regulatory matrix and partner map

Side-by-side regulatory matrix for chosen jurisdictions, plus a short-list of legal counsel, custodians, issuance platforms, and auditors we have worked with.

How we work

From a discovery call to a delivered design package in five steps. Tokenization engagements are denser on regulatory and structural diligence than native tokenomics work — the discovery and structuring phases are longer, the modelling phase shorter.

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01

Discovery

What asset, what jurisdiction, what investor base, what regulatory framework, what existing custody arrangements. End state: a written tokenization brief with a feasibility recommendation — proceed, restructure, or do not tokenize.

AssetJurisdictionInvestorsFeasibility
TokenAlloc %VestingTeam15%24 moInvestors20%12 moCommunity40%36 moTreasury25%48 mo
03

Economic design

Cashflow waterfall, return mechanics, fee splits, redemption logic, default paths. Designed so each stakeholder — issuer, custodian, holder, market maker, regulator — can verify their leg without trusting the others.

WaterfallReturnsRedemptionDisputes
modelreportdeckdashboard
05

Launch and scaling roadmap

TGE structure, primary issuance, secondary-market liquidity strategy, partner-by-partner integration map (legal, custody, issuance platform, audit). Hand-off package legal counsel can implement against and developers can build to.

TGELiquidityPartner map
sourcesnapshotinput
02

Structural design

Entity layering (SPV, trust, foundation, depositary), token classification (security vs utility), jurisdictional choice with regulatory matrix. The legal wrapper that fits the asset, investor base, and secondary-market plan.

EntitiesSecurity/UtilityJurisdiction
basebull/bear
04

Custody and compliance architecture

Custodian selection criteria, attestation cadence, on-chain proof-of-reserves, KYC/AML flow, transfer restrictions. The bridge that makes the on-chain token a defensible representation of the off-chain asset.

CustodyAttestationKYC/AML

Have an asset to tokenize?

Send what exists — asset description, current ownership structure, target investor base, jurisdiction preferences. We will come back with a feasibility assessment and a structure proposal.

Request a quote

Asset classes we tokenize

Six asset categories with distinct design considerations. The structure that works for fractional real estate fails for music royalties, and vice versa.

Real estate

Fractional ownership NFTsREIT-like wrappersRental income waterfallsSale waterfall and exitDelaware Series LLC / BVI / Cayman

Receivables and trade finance

Invoice financing tokensRoyalty streamsRevenue-share NFTsDefault and recourse mechanicsTrade finance pools

Commodities

Bullion-backed tokensAgricultural commodity tokensEnergy creditsCustody attestationPhysical-redemption mechanics

Securities and funds

STO structures (Reg D / Reg S)Tokenized equityBond and debt tokensFund interest fractionalisationTransfer restrictions

Royalties and IP

Music royalty NFTsContent rev-sharePatent licensing tokensCopyright tokenizationStreaming-rights waterfalls

Treasury-backed instruments

T-bill backed stablesMoney market tokensFX reserve attestationRedemption mechanicsDaily attestation cadence

Selected work and reading

Two engagements with a substantial tokenization track inside a broader mandate, plus the reference article behind the asset-class table on this page. Pure-play RWA mandates usually sit under tighter NDAs.

Trading fees100%Stakers40%Treasury35%Insurance25%

Multi-product platform — gold, equities, stablecoin

Stage 1 framework for a multi-product fintech with a gold-backed local token, tokenized local and global equities, and a regulated reserves-backed stablecoin. Carry-split design, attestation cadence, B2B issuance flow on a permissioned domestic L1, and FDV ranges defensible to an institutional investor.

PlayerEarnMarketBurnclosed loop

Decentralized storage tokenization

Tokenized provider rewards, retrieval payments, and storage attestation for a DePIN network. Pay-per-view content tokenization layered on top, custody verification flow, slashing economics, regulatory considerations for participating jurisdictions.

Trading fees100%Stakers40%Treasury35%Insurance25%

Ownership model — NFTs, RWA, and commodity tokens

How ownership tokens work in practice — gold-backed PAXG, tokenized real estate (RealT), T-bill-backed Ondo, and the three structural types of ownership tokens. NAV and premium formulas, when asset tokenization is justified, and the framework behind the asset-class table above.

FAQ

When do you need tokenization?
Four common cases. Fundraise via STO or tokenized fund — bringing accredited capital on-chain through a regulated security token. Monetize illiquid assets — fractionalising real estate, receivables, IP, or commodities to access broader investor pools. Programmatic cashflow distribution — automating royalty, dividend, or rev-share payouts on-chain. On-chain market for off-chain value — creating liquid secondary markets for assets that traditionally had none.
How is tokenization different from tokenomics design?
Different products, different problems. Tokenomics design is for native crypto protocols — DeFi, GameFi, L1/L2 — where the source of value is network effects, protocol fees, and governance. Tokenization is for real-world value — real estate, securities, royalties, commodities — where the source of value is off-chain and the design problem is making the on-chain token a defensible representation. Native tokenomics asks what incentives make the system work. Tokenization asks how does off-chain value mirror on-chain, custody-defensibly and regulator-defensibly. A single project can need both — a DePIN protocol has tokenization for its physical infrastructure plus a native tokenomics design for protocol incentives — but they ship as separate deliverables.
How long does a tokenization engagement take?
A focused track — for example only the structural design or only the cashflow waterfall — runs 3 to 5 weeks. A full tokenization framework covering structure, economics, custody, distribution, and regulatory matrix runs 8 to 16 weeks depending on jurisdictional complexity and asset class. Tighter estimate after the discovery call.
What deliverables ship?
A written design package — feasibility report, structural design (entity layering, token classification, jurisdictional choice), cashflow waterfall model, custody and verification architecture, KYC/AML and distribution strategy, regulatory matrix, partner short-list. The package is built to hand off cleanly to legal counsel for implementation and to developers for smart-contract specification.
Do you do the legal work?
Not directly — but the legal track is closed through partners we have worked with. We design the economic and structural framework. Law firms in our partner network — across EU (MiCA), Cayman, BVI, Switzerland, Singapore, Delaware — draft the documents, register the entities, and handle filings. The client gets an end-to-end deliverable: design from us, legal documents from partners, coordinated as one engagement. You can also bring your own counsel — our deliverables are formatted so any firm can pick them up without rewriting from scratch.
Do you do smart contract development or security audits?
No to both. Smart-contract implementation is the work of dedicated dev shops; security audits are the work of dedicated firms (OpenZeppelin, Hacken, Trail of Bits). We design the architecture they implement and audit. The system can pass a clean code audit and still have fatal economic or regulatory design flaws — that is the layer we cover. Tokenomics-level review of the design itself is its own engagement, on the tokenomics audit page.
Do you handle custody, distribution, or licensing?
No. Custody is held by regulated providers (Anchorage, Fireblocks, BitGo, banks, trustees). Distribution runs through issuance platforms (Tokeny, Securitize, INX, ADDX) or direct primary-market channels. Regulatory licensing is local-counsel work in each jurisdiction. We design the verification model, the distribution strategy, and the regulatory matrix — the operational and legal execution sits with the specialists we map for you.
What jurisdictions do you typically work with?
Most engagements land on EU (MiCA framework), Cayman or BVI (offshore SPV / fund structures), Switzerland (DLT Act, well-suited for asset tokenization), Singapore (MAS-regulated paths), Delaware (Series LLC for asset fractionalisation), or US Reg D / Reg S for accredited-only securities. We avoid recommending US Reg A or full SEC registration unless the use case strictly requires it — the cost-benefit usually does not work.
Do you sign NDAs?
Yes, before any project material is shared. Tokenization material often includes asset structures and investor strategies that are highly sensitive — we treat the NDA as a baseline. Pure-play RWA mandates are usually under stricter terms than native tokenomics work.

Bringing real-world value on-chain?

Tell us about the asset and the investor base. We will come back with a feasibility assessment and a structure proposal — including which legal counsel, custodians, and issuance platforms fit your jurisdiction, so the on-chain representation is defensibly tied to the off-chain reality.

Send a brief Book a discovery call