8Blocks

From ICO-era token models to tokenized real-world assets, 8Blocks has worked on the economics underneath since 2017. Today that means tokenomics design, audits and RWA tokenization, with $180M+ raised by clients before TGE. Talk to the team: go.8blocks.io/contact

Katana is simplifying $KAT: vKAT and voting are being sunset, and from Nov 17 a share of protocol revenue will buy KAT on the open market for avKAT stakers. Sending real revenue to holders makes sense. The question is how much. At current revenue and prices, buybacks come to about $20K a month: → Perps ~$7.7K → Swap ~$6.2K → Vault Bridge ~$5K → Sequencer ~$1.3K That buys ~6M KAT. The next unlock, on Nov 18, releases ~81M. Two more things: → Bought KAT goes to stakers, not to a burn, so circulating supply keeps growing → Unstaking drops from 45 days to 7, so staked tokens can come back to the market sooner Buybacks cover less than 8% of one monthly unlock. To match it, revenue would have to grow about 13x.

Our day started at Brickken HQ with brunch and good conversations on tokenized assets. Thanks @Brickken, @thevault_soft and @trmlabs for hosting.

Unpopular opinion: a 4-year vest doesn’t make a token long-term.

Same hectare, two prices. Buy $HECTARE in $100 lots and you pay the equivalent of $100 000 per hectare. Buy a full hectare and it's $59 500. When the price depends on ticket size, it's a price list, not a valuation. Our Web3Eco audit: 47/100, CCC. 8blocks.io/audits/hectare-we…

Holders of a copper-backed stablecoin don't want copper. They want their money back. So we designed the exit first. Chipmakers and traders signed letters to buy the 6N metal at market price on redemption. Redemption ends in cash, not a pallet of copper. 8blocks.io/cases/hadronica-c…

Product growth doesn’t buy token demand. We checked 20+ dual-token RWA projects from 2018 to 2026. Treasuries, real estate, private credit, issuance platforms. Same result every time. 8blocks.io/research/dual-tok…

@tethergold has the gold. 707 747 oz, attested down to a hundredth of an ounce. Our ethereum:0x68749665ff8d2d112fa859aa293f07a622782f38 audit: 61/100, grade BBB. What it lacks is a named custodian. Between the holder and the bar sits one independent check, once a quarter. Full audit and breakdown: 8blocks.io/audits/tether-gol…

Exit used to mean selling your token. At Network State Conference in Singapore it meant choosing your country. A society you can join or leave lives or dies by its incentives. That's tokenomics at city scale. Thanks @balajis, @ns and @Zcash for the room.

Real buildings, weak token. GromaCoin sits on an SEC-filed REIT with Boston apartments. Our audit: 29/100, grade D. Assets read $92,3m, $119m+ or $137m depending on which issuer source you open. Investors price what they can verify. 8blocks.io/audits/gromacoin-…

We conducted an extensive study: Is it risky to buy RWA? The media says one thing, but the results show something else! We took all security tokens, excluded government debt and securities from them, and identified a risk. A significant risk. Read the full study here: 8blocks.io/research/rwa-secu…

Are you planning to issue an RWA token in Singapore after attending TOKEN2049? Read this first. The MAS does not regulate this type of token. A PE token or revenue-sharing token is a security or a fund unit, just like its off-chain counterpart. This has implications for your regulatory exemptions, licenses, and smart contracts. Check out the checklist at the link: 8blocks.io/blog/rwa-token-si…