Tokenomics Case Studies. Real outcomes from real clients.

We have designed token economies for over 300 projects across every major Web3 vertical. Below are selected case studies that show how we approach tokenomics design for different project types, what challenges we solved, and what the outcomes were.

Each case study covers the project's specific tokenomics challenge, our design approach, and the results. Where projects allow, we include performance data and lessons learned.

Want to see the full list of verticals and clients we have worked with? Browse our project portfolio.

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Midnight

Layer 1PrivacyDual Token

An exercise in compliant, private, dual-token economy design. Nine hard constraints, one mechanism that satisfied all of them.

MELD

DeFiISPO

The first-ever ISPO. $1B+ committed. 40,000 delegators. Then a strategic pivot broke what the tokenomics never did.

Bridge Mutual

DeFiInsurance

DeFi's first fully decentralized insurance protocol. $150M peak TVL. Nine months embedded as CPO. The architecture held; the market didn't move.

Cointelegraph Research

ValuationInstitutional

The valuation engine behind institutional crypto reports. QTM frameworks, 20+ TAM sectors, on-chain velocity calibration, none of it existed before FinDaS built it.

REAL

RWALayer 1

An RWA chain that puts tokenizers, scorers, and insurers in the consensus layer. A defaulted claim resolves on-chain with no oracle, backstopped by a fund that never drains.

Morning Line Club

RWASecurity Token

Racehorses as SEC-compliant digital securities. Dual-share structure, self-reinforcing breeding mechanics, and TradFi-grade DCF valuation on Avalanche.

European Fintech (NDA)

FintechReview

A top-5 European fintech, one complete token design, six structural problems. The right call was not to launch.

Top-10 L1 (NDA)

Layer 1Governance

DAO governance for a flagship ecosystem protocol incubated by a top-10 L1. What happens when the decentralised organisation already has hierarchy.

Dravanti

RWACommodities

The same token is an ART in Europe, an RWA in Dubai, and a security in the US. The design had to survive all three readings at once.

trenddi

Social AppLoyalty Points

A web2 points economy that was unbreakable and unusable at the same time. Hundreds of Monte Carlo runs caught what the paper design never would.

Next case study

TBA

A new case study is in progress. Check back soon or get in touch to discuss your project in the meantime.