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Case Studies

What the Work Actually Looks Like

Specifics matter more than logos. Each case study below covers the situation, what we did, and the outcome, with real figures wherever we’re cleared to share them.

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We only publish real, cleared engagements.

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Insights

Public Teardowns

Analysis of public token models, not client engagements.

  1. Public teardown: 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.

    Ashish Homkar6 min read

  2. Public teardown: Berachain Made $124 in Profit in February. Here’s the Tokenomics Problem Behind It.

    Berachain raised $142M, launched with record testnet numbers, and watched farmers leave the moment emissions slowed. This isn’t a Berachain problem — it’s a design problem. And it starts in the tokenomics.

    Ashish Homkar5 min read

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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.

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