TokenEQ is an independent research platform that separates genuine network utility from hype. Built by one person, published transparently, free to use.
TokenEQ was built because the crypto research space had a problem: price action and market cap dominated every conversation, while the actual mechanics of how tokens capture value were almost never discussed rigorously.
The FLOWnomics framework (Blair 2025) started as a personal research project — an attempt to build a structurally sound, class-specific valuation methodology for crypto assets. One that asked the right questions: Does the network do something real? Does the token actually capture any of that value? What does the market price imply about future assumptions?
TokenEQ is the public expression of that work. It's a solo project, built in the open, with the methodology published in full — including its 12 known limitations. No VC funding. No token. No hidden agenda. Just the work.
No VC funding, no token of our own, no affiliations with any project we cover.
Full methodology published. 12 known gaps documented. Confidence bands on every score.
Phase 1 is entirely free. No login, no paywall, no email capture.
Negative signals stated as clearly as positive ones. The honest question is always asked.
We are not registered with any regulatory authority. Nothing here is investment advice.
Scores are research outputs, not buy/sell signals. Do your own research.
No project has paid for coverage, influenced scores, or reviewed their own analysis.
This is alpha. The framework is sound on paper. Real-world validation takes time.
TokenEQ is designed to upgrade automatically as revenue allows better data sources. The UI never knows where its data comes from — paid APIs slot in behind the same function calls.
CoinGecko free API + quarterly research. 20 tokens. Full 5F analysis. Free, no login.
+ Token Terminal Pro (~$200/mo). Flow Value upgrades to real protocol revenue. All Flow scores → High confidence.
+ Messari (~$500/mo). Form score upgrades: real unlock schedules, inflation data, governance activity.
+ Nansen (~$1,000/mo). Friction score upgrades: real wallet flows, institutional activity, smart money signals.
Full production suite. All 5 dimensions at High confidence. Live order book depth for PSC.
Moody's became the standard not because it was most accurate — but because it was most transparent. TokenEQ publishes its complete criteria, confidence bands, data sources, model inputs, and all 12 known framework gaps. Competitors hide their methodology. We publish ours. That is the product.