On-chain claims, independently verified.
When a target's value rests on blockchain activity - users, volumes, protocol fees - those figures can be checked directly against a public ledger. Lucidblock does that work for acquirers and their advisers: a written report, under NDA, testing each claim in the data room and explaining the result in plain language.
Where this fits in your work.
Commercial due diligence
A workstream that sits alongside financial and legal diligence: are the reported users and revenues real, independent and repeatable?
Working with advisers
We work for the acquirer directly or as a specialist sub-contractor to the transaction adviser, and report in a format that drops into a diligence pack.
Key-person checks
Review the public blockchain history of wallets controlled by founders or principals.
Post-deal
A baseline at signing makes later earn-out or warranty questions easier to settle.
The few terms you will meet.
Reports are written for readers who do not work with blockchains every day. These are the only terms you need.
- Wallet / address
- An account on a blockchain. One person or company can control many.
- Cluster
- A group of addresses we assess as controlled by one party, because they were funded from the same source and act together.
- Incentive farming
- Activity generated only to collect rewards. It usually stops when the rewards do.
- Protocol fees
- Revenue a blockchain application collects automatically, visible transaction by transaction.
We have no relationship with the seller, no stake in the transaction and no product to sell the target afterwards.
How we work →Find out what the wallets say.
Tell us what you want audited and the decision it feeds into. You get a fixed quote and a delivery date before any work starts.