Turn tokenization ideas into a structured verdict.

TVAC (Tokenization Value‑Add Calculator) is an informational decision‑support tool. It helps you evaluate whether a specific tokenization design is likely to create net added value versus a conventional structure—and it produces a structured, shareable report.

TVAC helps you make trade‑offs explicit early—before you spend significant time and money on structuring, legal work, vendor selection, or procurement.

You get a clear verdict, a factor‑by‑factor rationale, explicit assumptions, and concrete design levers you can use to improve feasibility and added value.

TVAC is useful if you are evaluating, designing, or reviewing a tokenization initiative—as an asset owner/issuer, project team, investment team, legal/compliance function, or service provider.

It is especially helpful when multiple stakeholders need a shared, structured basis for discussion.

TVAC uses a consistent five‑factor model:

Added Value = (New Opportunities + Cost Savings + Risk Reduction) – (Tokenization Costs + New Risks)

Each factor is scored on a 0–10 scale using predefined criteria. TVAC also applies a stakeholder lens (at minimum: Asset Owner, Investor, Service Providers) to highlight who captures upside and who bears costs/risks.

Each factor score is determined by applying TVAC’s predefined internal assessment criteria to the specific case and comparing the proposed tokenization design with its credible conventional baseline.

The assessment considers the strength and materiality of the claimed effects, the assumptions and dependencies on which they rely, the quality and completeness of the available information, and any costs or risks that may offset the expected benefits.

The report explains the case-specific reasons behind each factor score. TVAC’s detailed scoring rubrics, calibration rules, model instructions and implementation logic are proprietary and are not published.

TVAC normally compares the proposed tokenization design with the current process or structure — the status quo. For a new project without an existing baseline, the comparison is a clearly stated conventional alternative or, where relevant, the option not to proceed.

TVAC does not claim to know the exact cost or performance of every possible conventional solution. It assesses the expected direction, materiality, and credibility of the changes introduced by tokenization across the five Added Value factors.

If the baseline is unclear or insufficiently documented, TVAC does not invent one. The report states the working assumption, scores conservatively, and identifies the missing evidence or validation needed before a firmer comparison can be made. The stronger the baseline information supplied, the stronger the comparison.

The verdict is derived from the Added Value profile and the internal consistency of the design (jurisdictions, investor scope, custody, venue, settlement, disclosure, and operating model).

Typical outcomes are Viable, Conditional Go, or Non-viable — but they are Tokenization Value Verdicts, not investment recommendations, credit assessments, yield validations, or regulatory approvals.

Typically: asset type, jurisdictions, investor scope, legal wrapper, custody and venue assumptions, payment/settlement or cash‑leg approach, distribution thesis, and key constraints.

TVAC also reports an input completeness score and lists missing fields and explicit assumptions—so thin or contradictory inputs are treated more cautiously.

No. TVAC does not assume that every project needs stablecoins, deposit tokens, tokenized deposits or CBDC-based settlement from day one.

Instead, TVAC assesses whether the proposed payment and settlement model is proportionate to the value proposition. If a case mainly concerns ownership records, transfer controls or administration, a simple cash-leg model may be sufficient. If the case claims DvP, automated coupons, secondary liquidity, collateral mobility or 24/7 settlement, cash-leg readiness becomes a much more important design condition.

A Deep Assessment is a structured report (typically 30+ pages) designed for internal and board-level review. It includes:

• Executive summary (verdict, key drivers, “conditions to proceed”)
• Asset‑class & market context
• Analysis result (assumptions, value pathways, investor segmentation, operational costs, regulatory path, custody/venue fit, risk register)
• How the assessment was produced + how Added Value is computed
• Stakeholder added value (who benefits, who pays, who bears risk)
• Factor breakdown, risk heatmap, and mitigation focus
• Recommendations, what‑if scenarios, and an indicative implementation roadmap

Scenario Lab is an optional add-on to a completed Deep Assessment. It is purchased from the completed report, which becomes Scenario A — the baseline; you can then compare up to two controlled alternative assumption sets under the same TVAC methodology.

It is intended for cases where there are genuinely different structures or assumptions to compare — for example investor scope, custody, venue, settlement model, jurisdiction, or instrument structure. It is not live optimization, legal or regulatory advice, technical design, investment analysis, or a recommendation to proceed.

TVAC reports are currently available in English, Spanish, French, German, Simplified Chinese, Danish and Brazilian Portuguese.

The assessment methodology, scoring logic and verdict structure remain the same across language versions, so localized reports reflect the same underlying TVAC analysis.

TVAC does not claim to produce an accounting-level project budget or predict the final fees of lawyers, platforms, custodians, or technical vendors. Those figures normally become clear only after legal structuring, provider selection, technical scoping, and implementation planning.

TVAC is designed to answer an earlier question: whether a proposed tokenization structure appears commercially and structurally worth investigating. In that respect, it works like an early feasibility assessment, not a final procurement exercise.

It examines the stated characteristics of a case — such as jurisdictional scope, investor access, regulatory demands, operating model, distribution, settlement, and technology — and assesses how they are likely to affect the balance between New Opportunities, Cost Savings, Risk Reduction, Tokenization Costs, and New Risks.

For example, a structure spanning 30 jurisdictions rather than five will normally require more legal, regulatory, compliance, and operational work. That may increase costs and risks, while also potentially broadening market or investor access. TVAC does not turn such changes into a precise price quotation; it evaluates their direction, relative significance, and trade-offs consistently under the same methodology.

The result is a case-specific feasibility assessment with explicit assumptions — not a final business case, commercial quote, or substitute for legal, technical, or commercial diligence. Where TVAC identifies a potentially viable case, concrete offers and specialist input remain necessary before execution.

Not in the sense of claiming a comprehensive benchmark database containing the full budgets, operating results, invoices and internal performance data of a large number of completed projects.

Publicly available tokenization cases are highly heterogeneous and often provide only limited information about total implementation costs, ongoing operating costs, realised benefits, unsuccessful projects and the conventional alternative against which the outcome should be measured. The fact that a tokenized instrument was issued or a pilot was completed does not in itself demonstrate that tokenization created net added value.

TVAC therefore begins with the structure of the specific case and a credible conventional baseline. It applies the same fixed Added Value framework and predefined assessment criteria to identify how tokenization changes opportunities, costs and risks in that particular design.

Relevant market evidence and comparable cases can support calibration and plausibility checks where reliable information is available. They do not replace the case-specific structural analysis.

TVAC does not claim statistical certainty or accounting-level precision. Its purpose is to provide a disciplined, transparent and decision-relevant early assessment before the detailed costs and real-world outcomes of a project are known.

No. TVAC does not simply ask a general-purpose AI model whether a tokenization case is “good” or “bad”. The method comes first: the fixed Added Value formula, factor definitions, structured inputs, scoring criteria, verdict logic and required report structure establish the frame in which the AI model operates.

The AI model assists with interpreting the case-specific information and preparing the analysis, but it is not asked to invent the underlying decision framework. TVAC then consolidates and checks the output against required sections and consistency rules; incomplete or contradictory inputs are handled more cautiously.

This makes TVAC more consistent and explainable than an open-ended AI conversation. It does not make the output a guarantee, a final budget, or a substitute for legal, technical, commercial, regulatory, or investment diligence.

No. TVAC deliberately separates three different questions: whether the underlying asset is attractive, whether projected returns and risks are credible, and whether tokenization itself adds genuine value compared with conventional alternatives.

TVAC is designed to answer the third question. A high coupon, expected yield, or strong asset narrative is not treated as tokenization value in itself.

No. TVAC provides informational decision‑support only. It does not provide legal, regulatory, financial, investment, tax, credit, yield, valuation, or suitability advice. Jurisdiction‑specific matters must always be validated with qualified professionals.

TVAC uses your free-text project description and structured answers only to generate and deliver the assessment and report you request. For standard self-service reports, Astoval ApS does not create a reusable customer-case database or keep the case as account history.

TVAC does not create or maintain a customer-derived training or fine-tuning dataset, use case content to benchmark other customers, build unrelated products, sell case data, or disclose it to partners, investors, or other customers.

The case content is sent to OpenAI’s API solely to generate the requested assessment. Astoval ApS has disabled voluntary sharing of API inputs and outputs with OpenAI and has disabled ordinary API-call logging on the OpenAI Platform. OpenAI states that API data is not used to train or improve its models unless the API customer explicitly opts in. Under OpenAI’s standard data controls, API content and related metadata may nevertheless be retained in separate internal abuse-monitoring logs for up to 30 days.

Partner, API, white-label, or institutional workspaces may intentionally retain inputs and reports to provide private report history and downloads. Those arrangements are separately governed.

TVAC does not create a permanent customer-case record, but the data is not literally erased everywhere at the exact instant the report appears.

Your case input and generated report remain in the active browser page’s working memory so you can review the report, prepare a language version, and print or save it as a PDF. TVAC does not write the standard case or report to browser local storage. They are normally cleared from the browser when the page is reloaded or the tab is closed. A PDF that you choose to save remains on your own device and is under your control.

On TVAC’s backend, the submitted input is processed transiently during the request and is not intentionally written to a persistent customer-case database. The generated assessment may remain in short-lived server-memory caches for no more than one hour to support report delivery, language preparation, and technical consistency. It is then deleted automatically; a server restart clears it sooner.

In the current standard self-service flow, TVAC does not retain a permanent PDF copy of the report. OpenAI’s separate internal abuse-monitoring retention described above may still apply for up to 30 days. Scenario Lab and partner or institutional workspaces have separate, clearly stated retention rules.

TVAC is designed for early-stage assessment of commercially sensitive projects, but users should still apply normal data-minimisation principles. Include what is needed to assess the tokenization structure and feasibility, and use anonymised parties, ranges, and placeholders where practical.

Do not enter passwords, private keys, wallet seed phrases, identification documents, customer lists, special-category personal data, regulated client records, or confidential information that is unnecessary for the assessment. TVAC is a decision-support tool, not a secure document repository.

If your organisation has strict procurement, confidentiality, data-residency, or retention requirements, contact Astoval before submitting the case so the intended workflow can be assessed.

Yes. TVAC can be used as a structured pre-assessment tool for clients considering tokenization. It helps qualify projects earlier, creates a more professional advisory process, and can either be used directly or bundled with specialist advisory services.

TVAC does not replace legal work, platform-specific qualification, onboarding or implementation review. It helps prepare better cases before those processes begin.

Yes. The report surfaces the few levers most likely to move the outcome: how to reduce costs/risks, tighten the operating model, and make distribution/liquidity assumptions more credible.

It also includes structured next steps and an indicative roadmap you can use for planning and stakeholder alignment.

Start by identifying the business problem, a credible conventional alternative, and the benefits you expect from tokenization. For a reasonably defined project, TVAC can assess whether those benefits are likely to outweigh additional costs, risks and complexity. A very early idea may require clarification before an assessment is meaningful.

Test the expected value drivers against a credible conventional baseline, identify material costs and risks, and make important assumptions explicit. TVAC supports this early evaluation through structured, AI-assisted decision support. It does not replace detailed due diligence or final investment approval.

Generally, yes. A platform can issue or administer tokens without the proposed structure necessarily creating sufficient additional business value. An early value-add assessment can clarify whether the project merits further work and which requirements should inform later platform, legal and implementation decisions.