Crypto Economics

We design and analyze protocols that govern the production, distribution, and consumption of goods and services in a decentralized digital economy.


What is Crypto Economics?

Crypto economics is a cutting-edge field that merges concepts from cryptography, computer science, and economics to design and secure decentralized networks and applications. At its core, crypto economics applies economic incentives, governed by cryptographic verification methods, to create robust, decentralized digital economies. This discipline is fundamental to the development and functioning of blockchain technologies and cryptocurrencies, ensuring that participants across the network can interact in a secure, predictable, and mutually beneficial manner. By leveraging principles of game theory, behavioral economics, and mechanism design, crypto economics facilitates trustless environments where decentralized finance (DeFi), smart contracts, and distributed applications (dApps) thrive, fostering innovation and efficiency in digital transactions and beyond.

How Blockchain Consulting Can Help Me?

Blockchain consulting is essential for effectively navigating the complexities of crypto economics, offering a blend of expert guidance and practical solutions. Consultants play a crucial role in helping you understand and apply the principles of crypto economics to your blockchain project. They assist in strategic planning, ensuring your vision aligns with the economic and security requirements of blockchain technology. Through economic modeling, they help design systems that balance value creation with participant incentives. Consultants also provide risk management strategies to protect your assets, advice on governance structures for transparency and participation, and ensure regulatory compliance. Additionally, they support the technical implementation of blockchain solutions and offer education on crypto economics to empower informed decision-making. In essence, blockchain consulting transforms your innovative ideas into secure, efficient, and scalable solutions, making it indispensable for success in the blockchain space.

What areas do we help in?


System Discovery

In the System Discovery phase, our team embarks on a comprehensive exploration of your project’s unique landscape. This critical first step involves gathering insights into your project’s core objectives, existing systems, and the broader market environment in which it operates. Through a series of in-depth analyses and stakeholder interviews, we aim to uncover the underlying mechanics that drive your ecosystem. This foundational knowledge allows us to identify opportunities for optimization and innovation, ensuring that our strategies are perfectly aligned with your project’s needs and aspirations.


Stock & Flow

Our expertise in Stock & Flow analysis enables us to meticulously map out the inflows and outflows of resources within your blockchain project. By quantifying the assets (stocks) and their changes over time (flows), we create a dynamic model that captures the essence of your project’s economic activities. This detailed representation helps in identifying bottlenecks, inefficiencies, and opportunities for enhancement. Understanding the Stock & Flow dynamics is crucial for designing robust economic models that ensure the sustainability and growth of your ecosystem.


Mathematical Specification

Mathematical Specification is at the heart of our approach to Crypto Economics consulting. We translate complex economic concepts and strategies into precise mathematical models. These models serve as the blueprint for your project’s economic design, allowing for the prediction and analysis of system behaviors under various conditions. By leveraging mathematical rigor, we ensure that the proposed solutions are not only theoretically sound but also practically viable. This meticulous specification process lays the groundwork for robust system architecture that can withstand the challenges of the ever-evolving crypto landscape.


Digital Twin

Creating a Digital Twin of your project enables a parallel, virtual representation that mirrors your real-world ecosystem. This advanced technique allows us to experiment, simulate, and forecast outcomes without risking the actual assets or operations. By adjusting parameters and testing scenarios in this controlled virtual environment, we can predict potential issues, optimize processes, and identify the most effective strategies for success. The Digital Twin becomes an invaluable tool for decision-making and strategy refinement, providing a safe sandbox for innovation and testing.



Simulations are a cornerstone of our consulting services, providing a powerful means to anticipate the behavior of your project under a wide range of conditions. Through the use of sophisticated modeling and simulation tools, we explore various scenarios, from market fluctuations to changes in user behavior. This enables us to not only validate the mathematical models and theories but also to adapt strategies in real-time, ensuring resilience and adaptability. Our simulations help forecast future dynamics, allowing for proactive adjustments and strategic planning to navigate the volatile crypto market successfully.


Technical Implementation

At the final stage, our focus shifts to the Technical Implementation of the designed systems and strategies. This phase involves the practical application of the developed models, ensuring that the theoretical solutions are accurately translated into working technology. Our team of experts oversees the deployment of smart contracts, blockchain infrastructure, and other technical components, ensuring that they are secure, efficient, and scalable. We provide ongoing support throughout the implementation process, guaranteeing that your project not only launches successfully but continues to operate smoothly and effectively in the long term.

Let’s Collaborate

Whether you have questions, collaboration ideas, or just want to say hello, we’re here and ready to connect. Your inquiries are important to us, and we look forward to engaging in meaningful conversations.

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    What does the consulting process look like when creating crypto economics?



    We deeply explore and understand every aspect of the system, carefully examining its needs and how each component connects and interacts. This process results in a detailed specification that not only guides the economic setup and token system design but also provides a clear roadmap for project leaders and advisors, outlining the goals, key components, functionality, and growth stages of the system.



    We utilize advanced simulation tools to build a dynamic model based on the initial phase’s specifications, primarily using Python and the cadCAD/radCAD framework. This model allows us to simulate various scenarios, providing a foundation for crucial project decisions and ongoing adaptation, ensuring our strategies remain effective and responsive to the evolving environment.



    We validate initial assumptions of the project through comprehensive system analysis, encompassing simulations of user numbers, resource dynamics, and fluctuations in both cryptocurrency and traditional business elements. This phase involves rigorous testing in hundreds of scenarios to assess the system’s response to various internal and external forces, and to identify necessary modifications, ensuring the project’s adaptability to current and future needs, including secondary market behaviors and token issuance strategies.


    We will get involved in your project, no matter what stage it is at

    We understand that blockchain projects can be at various stages of development, and our commitment is to meet you exactly where you are. Whether you are in the nascent stages of conceptualizing your project, midway through refining your economic model, or at the later stages requiring on-chain validations, our team is prepared to step in and add value.

    For projects at the very beginning, we offer comprehensive support starting from system discovery, ensuring a solid foundation is laid for future success. If you’re further along and have begun modeling but seek expert refinement and validation, our mathematical and simulation services can enhance and stress-test your models against real-world scenarios. And for projects nearing completion, our technical implementation and on-chain validation services ensure that your project is not only launched successfully but also meets the highest standards of security and efficiency.

    No matter the stage, our involvement is designed to propel your project forward, providing the expertise and support necessary to navigate the complex landscape of Crypto Economics successfully.

    Building Trust Starts Here

    Our company was founded on the principle of trust, a vital element in the rapidly evolving crypto and blockchain industry. We aim to demystify the complexities of crypto-economics, providing clear and reliable guidance.

    Our focus is to build strong, trust-based relationships with our clients, ensuring they feel confident and supported as they navigate the cryptocurrency landscape with us as their trusted partner.

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    Frequently asked questions

    1. What does Crypto Economics consulting involve?
    Crypto Economics consulting involves analyzing and designing economic models within blockchain ecosystems. Our services include system discovery, stock and flow analysis, mathematical specifications, creating digital twins, conducting simulations, and overseeing technical implementation. We aim to optimize your project’s economic strategies for sustainability, growth, and adaptability in the volatile crypto market.
    2. Can you assist projects at any stage of development?
    Yes, we can get involved at any stage of your project’s development. Whether you’re just starting, refining your model, or need on-chain validations, our team is ready to provide expert support tailored to your project’s current needs.
    3. What is System Discovery, and why is it important?
    System Discovery is the initial phase where we gather in-depth insights into your project’s goals, existing systems, and market environment. It’s crucial for understanding the core mechanics driving your ecosystem, allowing us to identify opportunities for optimization and innovation.
    4. How do you use Stock & Flow in your consulting?
    We use Stock & Flow analysis to map out the inflows and outflows of resources within your project, helping us understand the dynamics of your economic activities. This aids in identifying inefficiencies and opportunities for enhancing your project’s economic health.
    5. What does Mathematical Specification entail?
    Mathematical Specification involves translating your project’s economic concepts into precise mathematical models. These models serve as a blueprint for designing robust economic systems, ensuring theoretical soundness and practical viability.
    6. Can you explain the concept of a Digital Twin / System Model?
    A Digital Twin is a virtual replica of your project that allows us to simulate and forecast outcomes without risking actual assets. It’s a powerful tool for experimenting with different strategies and predicting potential issues in a controlled environment.
    7. How do Simulations benefit my project?
    Simulations enable us to explore various scenarios and predict the behavior of your project under different conditions. They help validate our models, adapt strategies in real-time, and ensure your project is resilient and adaptable to market changes.
    8. What is involved in the Technical Implementation phase?
    Technical Implementation is the process of deploying the developed models and strategies into working technology. This includes the setup of smart contracts, blockchain infrastructure, and ensuring the system is secure, efficient, and scalable.
    9. How do you ensure the models and strategies are aligned with real-world scenarios?
    Our models and strategies are rigorously tested through simulations that mimic real-world scenarios, including market fluctuations and user behavior changes. This ensures that our solutions are not only theoretically sound but also practical and adaptable.
    10. What makes your consulting firm unique in the field of Crypto Economics?
    Our firm stands out due to our comprehensive and tailored approach, which covers every aspect of Crypto Economics consulting from system discovery to on-chain validation. Our flexibility to engage at any project stage, combined with our expertise in modeling, simulation, and technical implementation, ensures that we can provide value-driven solutions regardless of where you are in your project lifecycle.

    Case Study

    NFT Customer Engagement Platform with Tokens Cashback

    Who will benefit from this case? If you want to know how to combine e-commerce with blockchain, this use case is for you. Below is an example of work for our client that represents a combination of two worl

    GameFi Free-To-Play fusion of Trading Card Game & Board Game

    Who will enjoy this case? This use case will interest people who want to incorporate crypto-economics into games or other entertainment platforms (GameFi). Web3 gaming is gaining popularity. There’s a

    DeFi Onchain Economics Validation

    Who will benefit from this case? This use case may interest people near the final stages of releasing their token for the DeFi Project. They want to do an economic audit of the project to ensure its securit

    What do our clients say?

    Top Blockchain
    Consulting Company 2023


    Thanks to’s work, the client was able to add a news section to their portal and integrate a new CRM on the backend. The team offered great project management due to their responsiveness and high-quality work. Moreover, their Web3 ecosystem knowledge was impressive. executed their tasks flawlessly and delivered everything on time. The reliable team communicated effectively and frequently, ensuring a seamless workflow. Their valuable insights and consulting support and cost-effective pricing made them stand out.

    Legends of Elysium enabled the client to analyze and create marketing materials independently. The team ensured constant availability, provided quality documents, and was open to questions and concept changes. Their extensive knowledge, timely delivery, expertise, and cost-effectiveness were commendable.

    Clutch Awards



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    Let’s Collaborate

    Whether you have questions, collaboration ideas, or just want to say hello, we’re here and ready to connect. Your inquiries are important to us, and we look forward to engaging in meaningful conversations.

    direct contact
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