Tokenomics9 min read
Tokenomics Audit Checklist: 9 Areas to Review
What a tokenomics audit checks across nine areas, from supply, unlocks and market making to governance and MiCA or VARA classification, with red flags.
Tokenomics Audit: Find What Breaks Before the Market Does
Your token model has a weak point you can’t see, because you built it. We review supply, vesting, emissions, and incentives from the outside, flag what fails under pressure, and check regulatory classification at the same time, so economic risk and regulatory risk surface together.
Blockphrase conducts a tokenomics audit: an independent review of your token’s economic model, i.e. supply schedule, vesting, emissions, and incentive mechanics, designed to catch failure points before they surface in a live market. Our audits also include a MiCA classification check against the substance-over-form test, so regulatory risk is identified alongside economic risk.
Tokenomics Audit
What’s Included
Full economic model review (supply, vesting, emissions, incentives)
Vulnerability and exploit assessment
Regulatory classification check (MiCA, VARA, RBI/SEBI as relevant)
Written report ranked by severity
Optional findings walkthrough call
Methodology
Where It Fits
Every service we offer, whether it’s an audit, a new design, a simulation, or a tokenization structure, runs through the same underlying discipline.
01
Discovery
02
Modelling
03This engagement
Stress testing
Test against real market conditions: Python-based stochastic simulation across volatility scenarios, adversarial testing for sell pressure and exploit attempts, and sensitivity analysis on the parameters that matter most.
04This engagement
Regulatory classification
Check the model against MiCA’s substance over form test, VARA where relevant, and the RBI/SEBI split for India, before the design is finalized.
05
Delivery and development
Tokenomics
Other Tokenomics Services
- Tokenomics Design & ModellingBuilt for the Market a Year From Now, Not Launch DayBuilt for the Market a Year From Now, Not Launch Day
- Tokenomics SimulationsKnow How It Breaks Before the Market Tells YouKnow How It Breaks Before the Market Tells You
- AI Model Token EconomicsKnow What Your AI Product Actually Costs to RunKnow What Your AI Product Actually Costs to Run
Insights
Related Research
Tokenomics6 min read
How Poor Tokenomics Wrecked the $OM Token — A Case Study in Vesting, Emissions & Buybacks
Mantra's $OM token did a 1:4 rebrand swap after a collapse driven by poor vesting schedules, rising emissions, and a buyback mechanism that couldn't save a structurally broken model. Here's what went wrong.
Tokenomics6 min read
What Separates a Fundamentally Strong Token from a Pump-and-Dump Scheme
Most tokens launch with no vesting, no revenue model, and no real utility. Here are the 3 tokenomics pillars that fundamentally strong Web3 projects build on — and the red flags that reveal a project is designed to fail.
Common questions
What people ask before they call.
An independent review of a token’s economic model, covering supply, vesting, emissions and incentives, that flags what fails under market pressure. It is done from the outside, because a token model has a weak point its builders can’t see. Blockphrase checks regulatory classification at the same time, so economic and regulatory risk surface together.
A written report ranked by severity, covering a full economic model review (supply, vesting, emissions, incentives), a vulnerability and exploit assessment, and a regulatory classification check (MiCA, VARA, RBI/SEBI as relevant), plus an optional findings walkthrough call. The audit is designed to catch failure points before they surface in a live market.
Before a raise, a listing or a regulatory review: the points at which investors, exchanges or regulators examine the token model. An audit beforehand is designed to catch failure points before they surface in a live market, so the team finds the weak points before the market does.
Let’s See If We’re the Right Fit
We take on a limited number of engagements at a time to keep advisory quality high. A short scoping call tells us both, quickly, whether this is a fit.