Blocksmith

What Blocksmith does

Blocksmith is a blockchain research, strategy, and product consultancy founded in 2018 as a spin-off of Whitesmith — a digital product studio established in 2012 — and supported by KR1, Europe's leading digital asset investment company. The firm provides three integrated service lines: Blockchain Research Services (Web3 product/UX research, crypto-economics and tokenomics design, and blockchain engineering research), Web3 Strategy Services (strategic blueprints, roadmap planning, and delivery management), and Proof-of-Concept Development (technical validation, user research, and stakeholder buy-in artefacts). Its work emphasizes applied methodologies, including a structured one-week PoC validation framework and a two-day discovery process for crypto-economic mechanism design.

The company's core technology stack spans smart contracts, non-fungible tokens, tokenomics, zero-knowledge proofs, and Layer 2 scaling solutions, with demonstrated implementations such as the Regen Punk Army decentralized regenerative basic income dApp (integrating OnchainVerifier, DailyDrip, Sismo Data Provider, and Chainlink Upkeeps) and the NFTtees apparel-NFT platform. Blocksmith serves two primary segments: Web3-native startups requiring tokenomics, governance, and protocol-design expertise, and established enterprises seeking blockchain integration strategy and supply-chain transformation. Marquee engagements include a Uniswap Foundation governance-category grant (December 2022, one of five awards across 19 recipients) covering research on Uniswap Fee Switch revenue utilization.

Commercially, Blocksmith operates as a bespoke consulting studio with engagement-based pricing, multi-year contract cadence, and direct sales as the sole distribution channel — supplemented by thought-leadership content, hackathon participation, and community-event hosting (Coimbra.Blockchain, ETH Porto). The firm maintains offices in London (UK) and Coimbra (Portugal) and has delivered client work across the UK, Portugal, USA, Australia, and China. Per public registry data, the operating entity is Whitesmith, Lda, registered at Instituto Pedro Nunes in Coimbra, Portugal, indicating Portuguese incorporation despite a London commercial footprint. Headcount is in the 1–10 range, and revenue is not publicly disclosed.

Name

Blocksmith

Legal name

Blocksmith

Website

https://blocksmith.tech

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Blocksmith is a boutique blockchain research, strategy, and product consultancy that delivers tokenomics design, Web3 integration strategy, and proof-of-concept development to Web3 startups and established enterprises, operating as a spin-off of Whitesmith with backing from KR1.

Ownership category

akta.pro rank

Product category

Blockchain Consulting

NAICS

Professional, Scientific, and Technical Services (541)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Monitoring, Observability & Incident Response (alerts, traces, runtime monitoring) (FSAPABAJ)

akta.pro secondary industries

Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails) (FSAPAFAJ)

Keywords

• Blockchain consulting
• Web3 strategy services
• Smart contract development
• Tokenomics design
• Blockchain proof of concept

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Blockchain Consulting & Advisory Services: Blocksmith provides drop-in blockchain research, strategy, and product specialism to organisations, charging fees for specialized consulting engagements. Services include in-depth research, roadmap planning, delivery management, and proof of concept development for Web3 and blockchain integration projects.
2. Grant Funding: Blocksmith receives grant funding from ecosystem organisations such as the Uniswap Foundation for conducting research projects that benefit specific blockchain protocols. This represents non-dilutive funding for thought leadership work.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels4 records

Core offering

Blocksmith is a blockchain research, strategy, and product consultancy that provides drop-in Web3 specialism to organisations. It delivers three integrated service lines: Blockchain Research Services (Web3 product/UX research, crypto economics, and blockchain engineering research), Web3 Strategy Services (strategic blueprints, roadmap planning, and delivery management), and Proof of Concept Development (rapid technical and user-experience validation within a one-week PoC framework).

Product overview

Blocksmith is a blockchain research, strategy, and product consultancy that offers a suite of three integrated service offerings: Blockchain Research Services (covering Web3 Product and UX, Crypto Economics, and Blockchain Engineering), Web3 Strategy Services (including in-depth research, roadmap planning, and delivery management), and Proof of Concept Development (encompassing technical development, user research, and product validation). The company does not offer a standalone software product but rather provides specialized consulting expertise to help organizations integrate blockchain technology into their business models.

Differentiator

Problem solved

Functional benefit

Products and services

• Blockchain Research Services
• Web3 Strategy Services
• Proof of Concept (PoC) Development

Quantifiable outcome

• Conducted research for the Uniswap Foundation on fee switch revenue utilization, interviewing 10+ ecosystem stakeholders and producing strategic recommendations adopted by the protocol.
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• WhitesmithcoreStrategic or Co-development PartnerBlocksmith is a spin-off of Whitesmith, a digital product studio established in 2012 with a track record in startup and corporate product development. Whitesmith and Blocksmith collaborate on client projects — Whitesmith handles the Web2.0 customer-facing application development while Blocksmith enables Web3.0 production capabilities. Whitesmith exercises control over Blocksmith's cookie and privacy policies.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Hacken: Web3 cybersecurity and smart contract audit firm with adjacent tokenomics and due diligence services — comparable to Blocksmith in protocol-side advisory and security-adjacent research work.
• OpenZeppelin: Provides smart contract security audits, developer tools, and blockchain consulting across Web3 protocols — overlapping directly with Blocksmith's smart contract PoC development and Web3 advisory work for protocol clients.
• Nethermind: Blockchain research, engineering, and audit firm serving Ethereum and enterprise clients — comparable in offering mix (research + smart contract + consulting) and client profile to Blocksmith.
• ChainSafe: Web3 infrastructure and engineering consultancy building protocol-level systems, SDKs, and auditing services — directly comparable to Blocksmith's PoC and engineering offering for protocol-native clients.

Regional players

• Figment: Blockchain infrastructure and staking provider with advisory services for institutional and enterprise clients — overlapping with Blocksmith in protocol research and enterprise integration work, though infrastructure-led rather than pure consulting.

Broad incumbents

• ConsenSys: Largest blockchain consultancy and product studio (MetaMask, Infura), offering enterprise blockchain strategy, tokenization, and smart contract engineering — competes for the same enterprise blockchain integration mandates as Blocksmith but at vastly greater scale.
• Alchemy: Leading Web3 developer platform and infrastructure provider that increasingly bundles advisory and integration services — competes for developer mindshare and adjacent services revenue with specialist consultancies like Blocksmith.

Emerging players

• Tokenomics DAO: Specialized tokenomics design and mechanism consulting collective — directly comparable to Blocksmith's Crypto Economics service line for token and incentive model design.
• Bespoke Labs: Boutique blockchain advisory and tokenomics consultancy serving Web3 founders and DAOs — a smaller-scale analogue of Blocksmith with a similar research-led, founder-focused GTM.

Others

• Whitesmith: Parent product studio and strategic partner handling the Web2 application layer of Blocksmith's joint client deliveries — operationally adjacent and the source of Blocksmith's product development capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/blocksmithtech

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blocksmith