It's a story that keeps repeating itself. The product grows, users show up, revenue climbs, and the token keeps sliding anyway.
Most teams treat this as some kind of anomaly, when it's one of the most common problems in Web3.
But here's the part nobody wants to hear.
Product growth doesn't create token demand on its own, so when there's no link between usage and the token, revenue moves in one direction while the token quietly drifts in the other. You end up with more users, more activity, and a chart that still bleeds.
In a new episode with BeInCrypto, Sergey Novikov, CPO at 8Blocks, breaks down exactly where that link snaps:
Pour a coffee, this one's worth itπ :
https://www.youtube.com/watch?v=6-14LejDJgg
Please open Telegram to view this post
VIEW IN TELEGRAM
YouTube
Why Product Growth Doesnβt Always Create Token Value
Why does a Web3 project grow while its token keeps going down? And why do most tokens fail even when the product actually works?
8Blocks designs, audits and stress-tests tokenomics for Web3, GameFi and DeFi projects, with a focus on building token economiesβ¦
8Blocks designs, audits and stress-tests tokenomics for Web3, GameFi and DeFi projects, with a focus on building token economiesβ¦
π₯5β€2π1
Crypto security is becoming its own financial discipline
Most of us know how to handle fiat. Crypto still leaves a lot of people unsure of their footing. Meanwhile the market is growing up, and the industry has started to settle on a clear set of rules.
In a new episode of Safety Talks, the educational project from EarnPark, Sergey Novikov (CPO at 8Blocks) breaks down what matters when it comes to tokenomics and risk:
π«₯ what makes tokenomics genuinely good (spoiler: it isn't a flawless unlock chart)
π«₯ why utility on paper and utility in real life are two completely different things
π«₯ what an investor should look at before TGE to avoid buying a pig in a poke
π«₯ the questions worth asking yourself before you ever buy a token
He also shares a checklist every retail investor should run through before stepping into a new asset.
Most of us know how to handle fiat. Crypto still leaves a lot of people unsure of their footing. Meanwhile the market is growing up, and the industry has started to settle on a clear set of rules.
In a new episode of Safety Talks, the educational project from EarnPark, Sergey Novikov (CPO at 8Blocks) breaks down what matters when it comes to tokenomics and risk:
He also shares a checklist every retail investor should run through before stepping into a new asset.
π Catch the full conversation: https://www.youtube.com/watch?v=I0ODSxl_hOs
Please open Telegram to view this post
VIEW IN TELEGRAM
YouTube
Tokenomics Red Flags Before TGE: What Retail Investors Miss. Safety Talks with 8blocks
Most people look at tokenomics and check two things: allocation and vesting.
But is that enough to understand whether a token model can actually survive after launch?
In the first episode of Safety Talks, we speak with 8Blocks about what makes or breaksβ¦
But is that enough to understand whether a token model can actually survive after launch?
In the first episode of Safety Talks, we speak with 8Blocks about what makes or breaksβ¦
Why does tokenomics fall apart after listing?
The bear market usually takes the blame, but the root causes trace back to tokenomics mistakes made before TGEπ
In our piece for BeInCrypto, we focused on two things that quietly kill a project:
πΌοΈ flawed distribution that keeps constant pressure on the price;
πΌοΈ no real use for the token, so investor interest fades the moment the hype does.
Dig into the full breakdown
The bear market usually takes the blame, but the root causes trace back to tokenomics mistakes made before TGE
In our piece for BeInCrypto, we focused on two things that quietly kill a project:
We tested this against cases across GameFi, DeFi, RWA, and social, to see what keeps the strong players alive and where the weak ones slip.
Dig into the full breakdown
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
In our new article, we break down six mistakes crypto projects make before the token ever launches.
The kind that no amount of marketing, and no strong product, can fix later.
π Give it a read
Please open Telegram to view this post
VIEW IN TELEGRAM
Nearly a million people lost money on a memecoin
The guy who made it walked away with a billionβ¦π
Losses on $TRUMP hit $3.81B, with almost a million people underwater by the end of June. The coin cratered 97%, from a January peak of $75.35 to $1.76 in July 2026, according to The New York Times, citing Nansen.
Meanwhile Donald Trump himself declared 927 pages of income from crypto projects, more thanπ² 1.4B in total.
The guy who made it walked away with a billionβ¦
Losses on $TRUMP hit $3.81B, with almost a million people underwater by the end of June. The coin cratered 97%, from a January peak of $75.35 to $1.76 in July 2026, according to The New York Times, citing Nansen.
Meanwhile Donald Trump himself declared 927 pages of income from crypto projects, more than
Please open Telegram to view this post
VIEW IN TELEGRAM
π2
Strategy sold 3,588 BTC for $216 million
The proceeds went to preferred dividend payouts and to refilling the company's dollar reserve. Strategy is still sitting on 843,775 BTC and $2.55 billion in cash after the sale.
π What's changing isn't how much they sold, it's how they think about the reserve. Bitcoin used to be something Strategy simply piled up. Now they're openly putting it to work as part of corporate finance, servicing capital, covering dividends, keeping liquidity on hand.
For any company running a Bitcoin treasury, that's a precedent worth notingπ
The proceeds went to preferred dividend payouts and to refilling the company's dollar reserve. Strategy is still sitting on 843,775 BTC and $2.55 billion in cash after the sale.
That's less than 0.5% of its total stack, but it's the biggest BTC sale the company has ever made.
For any company running a Bitcoin treasury, that's a precedent worth noting
Please open Telegram to view this post
VIEW IN TELEGRAM
π€·ββ4
This media is not supported in your browser
VIEW IN TELEGRAM
A great product doesnβt always mean a great asset πΌοΈ
π€ VIRTUALS is the case that proves it. The ecosystem grew, pulled in revenue, brought in users, and most token holders still walked away empty-handed.
See what we found
In our latest piece, we dig into why token utility isn't the same as investment value.
How incentive structures can quietly reshape a project's whole economy, and what the whole thing says about the wider AI-crypto space.
See what we found
Please open Telegram to view this post
VIEW IN TELEGRAM
Listing doesn't complete tokenomics, it puts it on trial
The market doesn't care about your spreadsheets. It tests emission vs. demand, liquidity vs. unlocks, hype vs. real utility. And most of what breaks after TGE was already baked in before it.
π Tomorrow at 2 PM UTC we get into this in an AMA with EarnPark.
π Save your seat
The market doesn't care about your spreadsheets. It tests emission vs. demand, liquidity vs. unlocks, hype vs. real utility. And most of what breaks after TGE was already baked in before it.
Please open Telegram to view this post
VIEW IN TELEGRAM
The MiCA transitional period closed on 1 July 2026. The unlicensed players are already gone. Now ESMA is turning to the ones who made it through.
This is the first large-scale supervisory project since MiCA came into full force, and it runs almost a year, until mid-2027. Every CASP holding client assets is in scope.
What it means for the market and for investors, with Anton Efimenko, cofounder of 8Blocks.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Every crypto team tells itself the same lieβ¦
Once we list, everything clicks into place.
It doesn'tπ πΌοΈ
A listing was never going to manufacture demand. All it does is show the market whether demand was ever there.
π€― We took our partners at DASH and rebuilt exactly that: the piece that turns a token from something people trade into something the ecosystem runs on.
π See how we did it
Once we list, everything clicks into place.
It doesn't
A listing was never going to manufacture demand. All it does is show the market whether demand was ever there.
You can wire up integrations and burn millions on marketing, and none of it moves the needle if holding the coin isn't something anyone needs to do.
π See how we did it
Please open Telegram to view this post
VIEW IN TELEGRAM
π4 3
The cheapest number in your deck is usually the oldest one
Here's a real case from this week's scan - Aerodrome.
A decentralised exchange collected $153,6m in fees over twelve months and passed $114,8m of it to token holders β 100% of protocol revenue, nothing held back. Against a $392,6m market cap that's a 3,42x multiple. On paper, a bargain.
Then you look at when the money arrived.
Monthly payouts peaked at $30,6m in September 2025. By July 2026 they were $4,5m. The fresh quarter annualises to $54,6m β 48% of the trailing-year total. Run the same market cap against that and the multiple is roughly 7,2x, not 3,42x.
π The price, by the way, didn't decouple from anything. It fell alongside the payouts, almost step for step. The "gap" existed only in the arithmetic: today's price divided by last year's cash.
Here's a real case from this week's scan - Aerodrome.
A decentralised exchange collected $153,6m in fees over twelve months and passed $114,8m of it to token holders β 100% of protocol revenue, nothing held back. Against a $392,6m market cap that's a 3,42x multiple. On paper, a bargain.
Then you look at when the money arrived.
Monthly payouts peaked at $30,6m in September 2025. By July 2026 they were $4,5m. The fresh quarter annualises to $54,6m β 48% of the trailing-year total. Run the same market cap against that and the multiple is roughly 7,2x, not 3,42x.
π The price, by the way, didn't decouple from anything. It fell alongside the payouts, almost step for step. The "gap" existed only in the arithmetic: today's price divided by last year's cash.
β€3π1π€1