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Analyzing a Blockchain Business Model according to four main components: Value Model (Core Philosophy, Core Values and Value Propositions for the key stakeholders), Blockchains Model (Protocol Rules, Network Shape and Applications Layer/Ecosystem), Distribution Model (the key channels amplifying the protocol and its communities), and the Economic Model. These elements coming together can serve as the basis to build and analyze a solid business model to build a solid model. For example, the value model is Core Philosophy: What’s the long-term hard problem the protocol is solving? Core Values: What key values drive the protocol? Core values: What set of values each key stakeholder get from the protocol.