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Confidential investor materials

Obsidian Labs Business Plan

This plan gives a simple, high-level picture of Obsidian Labs for prospective investors. It focuses on what the company does, how it is paid, how tokens reach its treasury and how that can create value for equity holders, without diving into heavy technical detail.

💡 Section 1 · What Obsidian Labs Does
The builder behind the ecosystem
DBT² Chain
Rock Messenger
Infrastructure


Obsidian Labs Corporation is the company that actually builds the Obsidian Chain ecosystem. It engineered and coded the DBT² blockchain, the Rock Messenger app, validators, indexers and the user interfaces people interact with. Obsidian Labs will also be developing Android and iOS mobile apps, DEXs, the network bridge, running validators and continuing to develop new innovative technology.

Obsidian Labs Corporation does not hold the token treasury or issue any tokens. Instead, Obsidian Chain Corporation is a separate Wyoming company that stewards the network and runs the token presale. It does not write the code itself and is structured to act as a stewardship-focused foundation for the ecosystem while operating as a fully compliant, tax-paying U.S. company committed to clear oversight and trusted governance. It engages Obsidian Labs under formal contracts and pays Labs in United States dollars for the development and infrastructure work.

In short, Obsidian Labs engineers, develops and operates the technology that makes the network useful, while Obsidian Chain Corporation issues and holds token reserves.

⚙️ Section 2 · Initial Revenue Streams
Fiat contracts ($USD) plus validator rewards ($OBS)
USD Contracts
Validators
Treasury


For clarity and compliance, Obsidian Labs is not paid directly in tokens by Obsidian Chain Corporation. Service payments are made in fiat currency ($USD) under written development and infrastructure agreements. This is income that accountants and regulators understand.

For reference, Obsidian Labs will be paid 80% of all initial revenue generated by presale token rounds. If the token presale is sold out, Obsidian Labs will receive approximately $26,000,000 USD from this initial contract.

Furthermore, the Obsidian Chain foundation needs safe, reliable validators to run the network. Obsidian Labs will operate validators for the foundation and for its own accounts, just like any other validator on the network.

By operating validators, Obsidian Labs earns ongoing staking rewards in the native token (yield or interest). These rewards are minted by the network itself and not from Obsidian Chain's treasury. They are earned by doing the work of validation and are added to the Obsidian Labs treasury as a long-term asset.

This gives Obsidian Labs a mix of traditional fiat revenue ($) from contracts and network token exposure ($OBS) through validator rewards, without blurring the line between token sales and development invoices.

📈 Section 3 · Main Revenue Streams
Engineering, Infrastructure, and Ecosystem Revenue
Contracts
Validators
DEX + Bridge
Enterprise
Apps


Obsidian Labs generates revenue through multiple, scalable business lines tied directly to the expansion of the Obsidian Chain ecosystem. These streams support strong early-stage cash flow and significant long-term upside as usage grows.

  • Development contracts (initial revenue)
    Using token presale funds, Obsidian Chain Corporation pays Labs in $USD to build the DBT² blockchain, Rock Messenger, the DEX, bridge, indexers, infrastructure and mobile apps. This represents the primary early revenue and establishes a multi-year engineering pipeline.
  • Validator rewards (token treasury growth)
    Labs operates validators for the foundation and for its own accounts, earning newly issued native tokens. As chain activity increases, rewards scale naturally, building a long-term treasury asset without being tied to service invoices.
  • Indexer and API subscriptions
    Developers and enterprises that do not want to run their own infrastructure can access premium hosted indexers, analytics tools and APIs. This creates monthly or annual recurring subscription revenue.
  • DEX development and ongoing trading fees
    Obsidian Labs is responsible for building the decentralized exchange on the network. Labs receives USD compensation for development, and once live, the DEX can generate ongoing revenue from trading fees, liquidity routing, token swaps and advanced order features.
  • Native bridge development and volume-based fees
    Labs builds the official Obsidian bridge connecting other chains. This includes development fees as well as percentage-based revenue from cross-chain transfers as on-chain activity increases.
  • Rock Messenger growth and premium features
    Labs continually enhances Rock Messenger and can introduce premium features such as business tools, encrypted storage tiers, advanced group functionality, identity verification and enterprise messaging packages.
  • Token marketing and centralized exchange support
    Labs may receive compensation for preparing documentation, technical integrations, compliance tooling and liquidity planning required for U.S.-based exchange listings. This also reinforces long-term token adoption.
  • Liquidity provisioning services
    Labs can support stable liquidity for DEX pairs or foundation-approved market operations, earning percentage yields on liquidity pools as trading grows.
  • New apps built on Obsidian Chain
    Labs can design additional applications such as file storage layers, social tools, micro-apps, identity systems or dashboards, earning both development fees and ongoing usage-based revenue.
  • Enterprise integrations and custom deployments
    Companies may want private messaging layers, audit trails, or communication tools integrated into their existing systems. These engagements generate high-margin enterprise revenue.

These revenue streams together give Obsidian Labs both stable early-stage income from USD contracts and powerful long-term upside from validator rewards, DEX and bridge fees, enterprise work and new application growth.

🏦 Section 3.1 · Phase Two Revenue Expansion
Building Financial Infrastructure on Obsidian Chain
Stablecoin
Digital Banking
U.S. Banking Partners


Once the core network, Rock Messenger and the initial ecosystem applications are live, Obsidian Labs enters Phase Two, transforming the Obsidian Chain into a real financial platform for American users and businesses. This phase opens entirely new high-value revenue streams aligned with the future of digital payments and compliant blockchain banking.

  • Launch of an Obsidian-backed USD stablecoin
    Obsidian Labs intends to develop a compliant, asset-backed USD stablecoin native to Obsidian Chain. This stablecoin becomes the foundation for payments, DEX liquidity, savings products, cross-app transactions and enterprise integrations.
    Revenue sources may include:
    Minting and redemption fees
    Transaction volume fees
    Float revenue from treasury management in partnership with regulated custodians
  • Obsidian digital banking platform
    Leveraging the stablecoin, Labs plans to build an on-chain digital banking platform that offers a safe, transparent alternative to traditional fintech rails.
    Potential features include:
    On-chain checking and savings tools
    Stablecoin-based payments and transfers
    Business accounts for U.S. companies
    Integrated on-chain transaction history for auditability
    Income can be generated through service fees, interest-earning products, enterprise onboarding and premium financial tools.
  • Strategic partnerships with U.S.-based banks
    To ensure regulatory compliance and trust, Obsidian Labs plans to form partnerships with established American banks.
    These partnerships can unlock:
    Custodial bank accounts for stablecoin reserves
    FDIC-compatible product structures
    Banking-as-a-service rails for deposits and withdrawals
    Debit card and payment integrations
    These relationships strengthen credibility and provide additional fee-based revenue from banking operations tied to Obsidian's digital financial infrastructure.

Phase Two evolves Obsidian Labs from a blockchain engineering company into a financial technology provider capable of powering payments, savings, enterprise transactions and modern blockchain banking, all fully U.S. based and built on the DBT² architecture.

📜 Section 4 · How Equity Raising Works
The First $1M Raise vs Future Reg D 506(c) Rounds
Founders Round
Private Sale
Future 506(c)


The very first capital that Obsidian Labs raises is not a Regulation D 506(c) offering. This first raise is a simple private sale of equity in a small, closed group of individuals who are already known to the founders or network. There is no advertising, no public solicitation and no broad investor outreach.

This type of private sale is legally permitted because it falls under the category of non-solicited, non-public, personal network transactions. In other words, a company is allowed to sell part of itself directly to a small number of known individuals, so long as:

  • There is no public marketing or solicitation.
  • The people involved already have a relationship with the founders or network.
  • It is not offered to the open market or advertised online.
  • The transaction is between a small number of private parties.

This first raise is often called a founders round or friends-and-family strategic round. Many startups begin this way, using a small amount of trusted capital to structure the business correctly before opening the doors to a broader group of accredited investors.

One of the purposes of this initial raise is to fund the legal work needed to properly set up a Regulation D 506(c) framework, which then allows Obsidian Labs to raise additional capital in the future with public communication, while still selling only to accredited U.S. investors.

Once the legal groundwork is complete, all future fundraising rounds will be conducted under Regulation D, Rule 506(c). Under 506(c), Obsidian Labs can market openly and raise an unlimited amount of money, but only from accredited investors. This keeps the company fully U.S. based, fully compliant and ready for the larger institutional rounds that will follow as the chain launches and the user base grows.

This two-step structure keeps early ownership clean and simple, and ensures that when Obsidian Labs opens a large 506(c) round, everything is legally aligned and professionally set up.

Section 5 · Why Invest in Obsidian Labs
Own the Company That Powers the Entire Ecosystem
Equity Growth
Multiple Revenue Streams
Strategic Position


Investing in Obsidian Labs means owning the company that builds, operates and profits from the entire Obsidian Chain ecosystem, not just a token. Obsidian Labs earns fees in USD and native token (OBS) from development, validators, DEX and bridge fees, enterprise integrations, APIs, messaging products and future financial infrastructure. As the network grows, Obsidian Labs grows.

Multiple Expanding Revenue Engines

• Token-presale funded contracts (initial revenue)
• Validator rewards (token yield added to treasury)
• DEX and bridge volume fees
• API and indexer subscriptions
• Rock Messenger premium and enterprise tools
• New app development and liquidity services

All revenue grows with network usage.
Strategic Ownership Advantage

Investors own the company that:
• Builds the DBT² blockchain
• Controls the roadmap and innovations
• Produces the ecosystem’s core apps
• Operates yield-generating validators
• Forms banking and enterprise partnerships

Equity captures value far beyond token price movement.
Why This Stage Matters

Obsidian Labs is entering a high-growth phase: launching the chain, mobile apps, the DEX, the bridge and eventually a stablecoin and digital banking layer. Investing before these milestones creates the highest leverage opportunity.

Equity holders gain exposure to every major revenue line Obsidian Labs creates.
This structure is designed so company growth and investor outcomes move together over the long term.
Corporate Structure Overview

Obsidian Chain and Obsidian Labs

An overview of how the two companies relate to each other. Obsidian Chain Corporation acts like a foundation that looks after the protocol and token. Obsidian Labs Corporation is the operating business that builds products and earns revenue. All investment interests in this deck relate only to Obsidian Labs Corporation.

1. Corporate Structure and Ownership
Both companies are based in Wyoming and operate only in the United States. Obsidian Chain focuses on rules, supply, and long term stewardship. Obsidian Labs focuses on real users, products, and cash flow.
Ownership
Obsidian Chain Corporation
Controlled by the original founders and structured to behave like a foundation. It is a fully U.S. regulated, tax paying company that looks after the protocol, token supply, and treasury for the benefit of the ecosystem.
Ownership
Obsidian Labs Corporation
Equity split: 35 percent Founder One, 35 percent Founder Two, 30 percent for investors and strategic partners. Obsidian Labs Corporation is a Wyoming based U.S. tax paying Corporation. Investors obtain ownership in Obsidian Labs itself, not in the token supply, which is handled separately and solely by the Obsidian Chain Corporation.
Protocol company
Obsidian Chain Corporation
Oversees DBT², the OBS token, and the main network treasury. Sets the rules that keep the chain running.
Key responsibilities:
• Set total OBS supply and staking rewards
• Maintain and upgrade the Layer 1 protocol
• Manage the OBS treasury and major liquidity positions
• Fund grants and programs that help the network grow
Token Issuance and Treasury
Handles initial token sales and long term reserves.
Example launch scenario: Raising $10,000,000 at $1.25 per token on a 200,000,000 token supply would imply a $250,000,000 fully diluted valuation at launch.
Liquidity and Listings
Supports trading on centralized and decentralized exchanges.
Uses treasury capital to create deeper order books, smoother trading, and more attractive conditions for market makers and long term holders.
Grants and Incentives
Brings in serious teams and new projects.
Offers OBS and stablecoin grants to builders, Rock integrations, and infrastructure providers that add real usage and value to Obsidian Chain.
Burn Programs
Keeps net supply under control.
Directs a share of protocol income into permanent token burns to support long term scarcity and show alignment with holders.
Operating company
Obsidian Labs Corporation
Builds and owns Rock, the DEX, the bridge, validator operations, and enterprise products. This is where most revenue and company value are created.
Key responsibilities:
• Grow Rock as the main user and messaging surface
• Run the DEX and bridge that move value on and off the chain
• Sell infrastructure, APIs, and compliant data archives
• Operate validators and archive nodes to earn yield
Rock Messaging App
Encrypted messaging, channels, and feeds.
Designed for daily communication and creator channels, with potential revenue from subscriptions, premium features, and brand or creator tools.
Obsidian DEX
Native swaps and liquidity pools for OBS and other assets.
Earns trading fees from token swaps and liquidity programs as volume grows across the network.
Obsidian Bridge
Moves assets between Obsidian and other chains.
Charges fees when users bring assets into Obsidian or take them out, helping connect the ecosystem to the wider crypto market.
Validators and Enterprise Rails
Hosted infrastructure, APIs, analytics, and archives.
Combines long term staking yield on company and treasury stake with recurring contracts from regulated customers that need uptime, reporting, and audit ready records.
Capital Flow Overview

Obsidian Labs Capital Flows

A clear visual breakdown of where capital originates, how it flows through Obsidian Labs, and how each business line generates revenue that feeds back into product growth, validator strength, and long term enterprise value.

Investor Capital Labs Profit Lines Chain Foundation
Capital Source A
Equity Investors
Investors purchase equity directly in Obsidian Labs. This capital funds product development, engineering, scaling, and operations.
Capital Source B
OBS Token Launch
Obsidian Chain Corporation raises token capital then contracts Obsidian Labs to build, maintain, and operate core network infrastructure.
Operating Center
Obsidian Labs Treasury
All incoming capital consolidates here as working capital for product teams, infrastructure, and ecosystem growth.
Capital Source C
Regulation D 506(c) Follow On Rounds
From time to time Obsidian Labs can allocate treasury funds to prepare and launch a new 506(c) round. Qualified investors then wire fresh capital back into the treasury, creating a repeatable capital inflow for future growth.
Profit Line
Rock Messaging App
Revenue from premium features, creator tools, and business communication suites.
Profit Line
Obsidian DEX
Trading fees, liquidity incentives, and network transaction flows.
Profit Line
Cross Chain Bridge
Transfer fees on assets moving into and out of the Obsidian ecosystem.
Profit Line
Validators
Recurring staking rewards that grow as network usage increases.
Profit Line
Enterprise APIs
Revenue from regulated institutions needing uptime, archiving, analytics and compliance tools.
Profit Line
Development Contracts
Paid engineering work for Obsidian Chain and ecosystem partners.
Outcome
Operating Profit & Growth
Profit accumulates inside Obsidian Labs and funds further innovation, expansion, and strategic hiring. This directly benefits equity holders.
Network Impact
Stronger Chain Ecosystem
Higher usage drives validator rewards, deeper liquidity, and healthier token demand. As the network strengthens, it sends more value and opportunity back to Obsidian Labs.

Capital enters Obsidian Labs from multiple sources, flows through a diversified set of revenue engines, and cycles back into both company growth and protocol strength. This creates a long term compounding effect where Obsidian Labs value grows as the ecosystem expands.

Current Equity Availability

What Is Being Offered Today

This section explains, in plain business language, what ownership is available, how the transaction works, and how it fits into future Regulation D 506(c) fundraising once the full legal framework is in place.

Private Founder Share Sale 5 Percent Of Obsidian Labs Pre–Reg D 506(c) Not A Public Offering
Overview
Simple Description Of The Current Transaction

Obsidian Labs Corporation is making available a one-time private sale of a 5 percent ownership interest in the company for a total purchase price of $1,000,000.

This reflects a $20,000,000 pre-money valuation for Obsidian Labs. Both founders have agreed that this 5 percent stake will be sold now to a very small number of existing relationships.

  • This is a direct sale of existing founder equity, not a new share issuance.
  • It is a private, negotiated transaction, not a public securities offering.
  • No Regulation D exemption is being used yet; it is a pre-506(c) transaction with known parties only.
Ownership Context
Future Equity Availability

In total, up to 30 percent of Obsidian Labs is expected to be made available over time through structured investment rounds.

Those later rounds are planned to be conducted under Regulation D 506(c), after the OBS token launch, final legal work, and offering documents are complete.

This initial 5 percent sale simply establishes a clear starting valuation and brings in early capital to help reach that point.

What is being sold
Minority Stake In Obsidian Labs

Buyers receive a 5 percent ownership interest in Obsidian Labs Corporation, a Wyoming C-corporation. This interest participates in future profits, potential distributions, and any eventual liquidity event on a pro-rata basis.

What is not being sold
No Tokens, No Discounts, No SAFTs

This transaction does not include any OBS tokens, token rights, discounts, vouchers, SAFTs, or future token allocations. It is strictly about equity in Obsidian Labs, separate from the token-issuing activities of Obsidian Chain Corporation.

Regulatory posture
Private, Pre-506(c) Transaction

The sale is limited to a small number of people with whom the founders already have a personal or professional relationship. There is no general advertising, no public sign-up process, and no broad solicitation. This is a private transfer of founder shares, not a public offering of securities or tokens.

Larger capital plan
How This Fits Into Future Regulation D Rounds

After the OBS token launch (managed by Obsidian Chain Corporation) and completion of legal work for Regulation D 506(c), Obsidian Labs expects to open one or more structured rounds for accredited investors only. Those rounds will:

  • Draw from the up to 30 percent of equity reserved for outside investors.
  • Be conducted under a clear 506(c) framework, with full offering documents and investor verification.
  • Fund long-term product scaling, network infrastructure, and enterprise growth.

The current 5 percent sale is a step before those rounds. It supplies early capital, confirms a working valuation, and keeps the company in a conservative posture until the full regulatory structure is complete.

In plain language, this block means that today Obsidian Labs is making 5 percent of the company available for $1,000,000 in a private founder-level sale to a very small number of existing contacts. No tokens are being sold, no public offering is being made, and future 506(c) rounds will only occur after the legal framework is fully in place.
Planned Use Of Capital

Allocation Of The Initial $1,000,000

The first $1,000,000 raised from the 5 percent sale of Obsidian Labs is intended to fund a focused execution plan. The emphasis is on building the core products, launching Rock on mobile, standing up infrastructure, completing key legal work, and running meaningful go-to-market campaigns around the future token and exchange relationships.

Percentages and dollar amounts below are approximate targets based on a $1,000,000 raise. They may be adjusted by the founders and board as market conditions, legal guidance, and specific contracts evolve.

Marketing & Token Awareness Product & Engineering Rock Mobile App Build Legal & Compliance Security & Validators Core Team Compensation Working Capital
Big picture
Turning Capital Into A Live, Market Ready Stack

The main goal of this capital is to move from architecture and prototypes to a live, market ready Obsidian stack. That includes:

  • The Rock messaging app running on DBT², including native iOS and Android.
  • An initial DEX and bridge that can support OBS and key ecosystem assets.
  • Validator and archive infrastructure for yield, security, and enterprise use.
  • A serious marketing and relationship budget around the future OBS token and listings.
  • The legal and compliance work required to run this inside the United States.
  • Fair core team compensation so founders and devs can focus on Obsidian full time.
Illustrative allocation
Approximate Percentage And Dollar Targets

On a $1,000,000 raise, we currently expect to target roughly:

  • 35 percent – Marketing, listings, and partnerships (about $350,000).
  • 17 percent – Product design and engineering (about $170,000).
  • 3 percent – Native iOS and Android app build (about $30,000).
  • 10 percent – Legal, compliance, and 506(c) framework (about $100,000).
  • 10 percent – Security, validators, and infrastructure (about $100,000).
  • 15 percent – Development and managing member compensation (about $150,000).
  • 10 percent – Working capital and reserve (about $100,000).

These targets are intended to show intent and priorities, not to promise a fixed line-item budget.

Approx. 35 percent · ≈ $350,000
Marketing, Listings & Partnerships
Pre-sale awareness, CEX relationships, and media

A serious go-to-market budget around the Obsidian ecosystem and a future OBS token launch, structured with legal guidance.

  • Marketing campaigns for a future token pre-sale once cleared by counsel.
  • Streaming, Social Media, and YouTube film studio buildout, this will allow our team to collaborate with other creators and reach new audiences.
  • Travel, diligence, and listing work for centralized exchange relationships.
  • Partnerships with social media, YouTube, and podcast channels for education and reach.
  • Targeted campaigns to bring early users, developers, and projects into Rock, the DEX, and the wider stack.
Approx. 17 percent · ≈ $170,000
Product Design & Engineering
Rock, DBT² client, DEX, and bridge

Funding the core product work that makes Obsidian Labs valuable as an operating business.

  • Build and refine the Rock messaging app for daily users and creators.
  • Complete and harden the DBT² Layer 1 client on the Labs side.
  • Ship a first version of the Obsidian DEX and bridge for OBS and key pairs.
  • Design and improve user-facing tools: wallets, dashboards, and basic analytics.
Approx. 3 percent · ≈ $30,000
Native iOS & Android Launch
Packaging, testing, and app store approval

Dedicated budget to get Rock into the major app stores as a polished, production-ready experience.

  • Mobile UX and device-specific optimization for iOS and Android.
  • App Store and Google Play validation and iteration cycles.
  • Launch rollout, testing, bug fixing, and version updates through early user feedback.
Approx. 10 percent · ≈ $100,000
Security, Validators & Infrastructure
Nodes, uptime, and audits

Building the technical backbone that keeps the network running and trusted.

  • Stand up and operate validators and archive nodes for the chain.
  • Invest in monitoring, observability, and incident response.
  • Engage third parties for security reviews or code audits where appropriate.
  • Secure infrastructure needed for future enterprise rails and compliant archives.
Approx. 15 percent · ≈ $150,000
Development & Managing Member Compensation
Core team focus and runway

Fair and sustainable core team compensation so the key people can stay focused on Obsidian.

  • $8,000 per month for the lead developer.
  • $8,000 per month for the managing member.
  • Supports a tight, execution-focused team instead of a large, unfocused headcount.
  • Aligns incentives around shipping, adoption, and long-term value creation.
Approx. 10 percent · ≈ $100,000
Runway & Working Capital
Buffer, flexibility, and unused capital

Keeping Obsidian Labs in a position of strength while the ecosystem is built. Any capital not immediately deployed is held as working capital in the treasury.

  • Maintain a cash reserve against delays, legal timing, or market changes.
  • Provide flexibility to hire or extend key talent where needed.
  • Support co-investment or matching opportunities with Obsidian Chain treasury when appropriate.
  • Hold unused capital as general working capital inside the Obsidian Labs treasury.
In plain terms, the first $1,000,000 is intended to build and harden the products, launch Rock on mobile, stand up real infrastructure, complete the legal work, and fund a meaningful marketing and relationship push around the future OBS token and exchange presence. Any dollars not immediately deployed sit as working capital inside the Obsidian Labs treasury, giving the founders and board room to respond to real opportunities as they appear.
Forward Looking Projections

Products, Tokens, and Evaluations

This page combines product by product revenue ranges with simple valuation ranges for Obsidian Labs. All figures are directional models for discussion. They are not guarantees and they do not promise any specific outcome.

The current round values Obsidian Labs at a $20,000,000 pre money valuation. The round seeks $1,000,000 of capital in exchange for a 5 percent equity stake. Future rounds are expected to be completed under a Regulation D 506(c) framework for qualified investors only.

Rock · DEX · Bridge · Validators · Enterprise Bear and Bull revenue ranges OBS token price ranges
Entry terms at a glance
$20,000,000
$1,000,000
5 percent of Obsidian Labs
Up to 30 percent
Projected OBS token pre sale (Labs share only)

In addition to this equity round, the team is planning three projected OBS token rounds. If all three rounds were fully sold, the combined projected gross raise is $32,500,000. Under the current plan, Obsidian Labs would receive approximately 80 percent of those proceeds.

$32,500,000
$26,000,000

These token figures are projected and will depend on final terms, pricing, and demand. Token details will be documented separately. This page describes the equity raise only and is not an offer or solicitation to buy or sell any tokens.

1. Product revenue ranges at 24 and 36 months
Each core product is modeled with low and high annualized outcomes once the ecosystem is in motion. These numbers are forward looking estimates to frame the scale of the opportunity, not fixed forecasts.
Messaging and Social
Rock App
Subscription tiers, premium features, creator fees, and business messaging built on the message lane of DBT².
DBT² message lane
High operating leverage
24 months · Bear and Bull
$3M to $12M
Annual Rock revenue
36 months · Bear and Bull
$8M to $30M
Annual Rock revenue
Bull case assumes strong premium adoption, a healthy creator economy, and broad business messaging use.
Liquidity Layer
Obsidian DEX
Trading fees on OBS and ecosystem assets with a share routed to treasury and buy and burn.
Swap fees
Protocol share
24 months · Bear and Bull
$1M to $6M
Annual DEX revenue
36 months · Bear and Bull
$3M to $15M
Annual DEX revenue
Bull case assumes deep OBS pairs and sustained on chain trading similar to mid tier Layer 1 ecosystems.
Cross Chain Flow
Obsidian Bridge
Fees on bridged volume between Obsidian, Ethereum, and other networks, with OBS holder discounts.
Volume driven
Holder discounts
24 months · Bear and Bull
$0.5M to $3M
Annual bridge revenue
36 months · Bear and Bull
$1M to $6M
Annual bridge revenue
Bridge revenue scales with cross chain liquidity, institutional routes, and ecosystem asset flows.
Security and Yield
Validators and Archives
Staking yield plus a share of fees from Rock, the DEX, and bridge activity for Labs operated validators and archives.
Staking yields
Network fees
24 months · Bear and Bull
$1M to $4M
Annual income slice to Labs
36 months · Bear and Bull
$3M to $10M
Annual income slice to Labs
Labs participates through validators, archives, and infrastructure sharing in protocol level economics.
Unchained and Infra
APIs, RPC, Enterprise
Hosted RPC, analytics, compliance archives, and enterprise data products built on Obsidian.
Enterprise contracts
High margin infra
24 months · Bear and Bull
$2M to $8M
Annual infra and enterprise revenue
36 months · Bear and Bull
$5M to $20M
Annual infra and enterprise revenue
Bull case assumes multiple large enterprise or exchange style contracts and strong archive demand.
All Products Combined
Total Annualized Revenue
Combined view across Rock, the DEX, the bridge, validators, and enterprise infrastructure.
24 months · Bear total
$7.5M
24 months · Bull total
$33M
36 months · Bear total
$20M
36 months · Bull total
$81M
These ranges are annualized snapshots once the ecosystem is live. They are not cumulative totals.
2. OBS token and Obsidian Labs valuation ranges
Token price ranges and equity valuation ranges built off the 36 month revenue cases, using simple revenue multiples for Bear, Bull, and more optimistic market conditions.
Token Price Scenarios
OBS Market Ranges
All scenarios assume a fixed 200,000,000 OBS genesis supply, with controlled inflation and burns over time.
Bear case OBS
$3 per OBS
Core Bull case OBS
$50 per OBS
Bear FDV about $600M Bull FDV about $10B
Bear case assumes moderate chain adoption for messaging and DeFi. Bull case assumes strong global use of Rock, the DEX, and the bridge, with DBT² becoming a core rail for on chain messaging and feeds.
Company Valuation
Obsidian Labs Equity Ranges
These ranges build off the 36 month total revenue band of $20M in Bear conditions and $81M in Bull conditions, annualized.
Bear valuation
5x to 8x revenue
On about $20M of revenue, this implies a Labs valuation in the $100M to $160M range.
Bull valuation
10x to 18x revenue
On about $81M of revenue, this implies a valuation in the $810M to $1.46B range.
More optimistic case
20x to 30x revenue
In a strong cycle, revenue multiples of this type on Bull revenue would point toward roughly $1.6B to $2.4B, if market conditions support it.
These ranges are directional. They show how a $20,000,000 starting valuation can grow if the products reach the revenue ranges above and if the market values Labs as a software and infrastructure company.
3. Simple view of a 5 percent equity position
A plain language look at what the current 5 percent stake in this round could represent across conservative, stronger, and more optimistic market outcomes, before any future dilution.
Scenario A
Conservative Market
Labs equity grows about 5x to 8x over the current pre money valuation as the chain and core products gain steady traction.
  • Implied Labs equity value: $100M to $160M.
  • Value of a 5 percent stake: $5M to $8M.
  • OBS trades closer to the lower price range but reflects real network usage.
Assumes Rock, the DEX, the bridge, validators, and enterprise rails all function, but the wider crypto market remains cautious.
Scenario B
Stronger Market
Labs equity grows about 10x to 18x as DBT² messaging, Rock channels, and data tools become a recognized niche.
  • Implied Labs equity value: $200M to $360M.
  • Value of a 5 percent stake: $10M to $18M.
  • OBS trades closer to the upper price range with meaningful liquidity and listings.
Assumes a successful token launch, healthy exchange presence, and clear positioning as a communication first chain with multiple revenue engines.
Scenario C
More Optimistic Cycle
In a market similar to the best historical Layer 1 runs, equity could reach about 20x to 30x the current pre money valuation if many factors line up at once.
  • Implied Labs equity value: $400M to $600M.
  • Value of a 5 percent stake: $20M to $30M.
  • OBS trades at levels that reflect both real user numbers and a story that connects with the broader market.
Would likely require a very strong crypto cycle, deep liquidity, and high conviction around the dual block design and Rock as a flagship application.
In simple terms, this round offers about 5 percent of Obsidian Labs at a $20,000,000 pre money valuation. This is before the OBS token launch and before any wider 506(c) rounds. If DBT², Rock, the DEX, the bridge, validators, and enterprise rails come together as planned, the company has room to grow well beyond the initial raise.
4. Market comparisons with prior Layer 1 launches
These examples show what a few well known ecosystems raised, what they set out to build, and how large their token markets later became. They are not Obsidian projects. They are reference points so investors can see how earlier chains have grown over time.
Solana (SOL)
High speed general purpose Layer 1
Solana focused on very high throughput and low cost transactions. It became a major venue for trading, DeFi, and consumer crypto applications.
Early capital raised
$20M to $40M
Later company valuation
Reported in the billions (private markets)
Recent token market size (FDV)
Around $100B in strong periods
Avalanche (AVAX)
Layer 1 with subnet architecture
Avalanche introduced subnets, which let teams deploy their own tailored blockchains. It serves DeFi, gaming, and other application specific use cases.
Early capital raised
$40M to $60M
Company valuation
Several billion in private rounds
Recent token market size (FDV)
Tens of billions in strong periods
TON / Toncoin (TON)
Messaging linked blockchain
TON began around the Telegram messaging ecosystem and evolved into a major network for payments, applications, and large scale user onboarding tied to messaging.
Initial raise
About $1.7B
Platform valuation
Around $1B and above for parts of the ecosystem
Recent token market size (FDV)
Tens of billions in strong periods
These case studies show that successful Layer 1 projects often started with early capital in the tens of millions and later saw token markets reach many billions of dollars. Obsidian Labs is starting from a similar position, however with with a communication focused dual block design that surpases current technology, and a clear U.S. structure. The goal is to build within a proven category while following a disciplined and transparent approach.
Execution Path

Roadmap and Development Timeline

This roadmap starts from where we are today: Rock messenger in early live use and the Obsidian testnet running. From here, we move toward a secure mainnet, then bring the DEX, Bridge, and enterprise products online. Dates are targets, not promises. Final timing is set by our engineering and security teams so that every launch is safe and stable, not rushed.

Q4 2025 to Q1 2026
Refine Rock Alpha and Testnet
Rock Alpha Live Testnet Running
  • Use Rock messenger daily inside the team to polish core features.
  • Stabilize the Obsidian testnet and monitoring tools.
  • Collect feedback from early technical users and advisors.
  • Begin external security reviews on DBT² and node software.
  • Finalize mainnet launch criteria and rollout plan.
Q2 to Q3 2026
Rock Beta and Public-Facing Testnet
Rock Beta Public Testnet
  • Prepare Rock messenger for submission to major app stores.
  • Open the testnet to a wider group of users and developers.
  • Onboard the first outside validators and archive operators.
  • Run load tests to confirm DBT² performance under stress.
  • Lock in the mainnet configuration and security parameters.
Late Q2 to Q3 2026
Obsidian Mainnet Launch
Mainnet Live Core Validators
  • Launch the Obsidian mainnet with DBT² in production.
  • Bring Rock messenger live on mainnet message lanes.
  • Activate Labs operated validators and archive nodes.
  • Begin basic on chain fee routing and staking rewards.
  • Monitor stability closely before adding new products.
Q4 2026 to Q1 2027
DEX and Bridge Rollout
DEX Live Bridge Online
  • Release the first version of the Obsidian DEX on mainnet.
  • List OBS and core ecosystem pairs with controlled liquidity.
  • Bring the Obsidian Bridge online to connect with Ethereum and select chains.
  • Offer basic incentives and fee sharing for early liquidity providers.
  • Harden monitoring and risk controls around cross chain flows.
Q2 to Q4 2027
Enterprise, Analytics, and Growth
Enterprise Rails Ecosystem Growth
  • Launch hosted RPC, archive, and analytics products for businesses.
  • Expand Rock features for business messaging and secure channels.
  • Grow the validator and archive set across more regions.
  • Sign integration and routing agreements with institutional partners.
  • Refine token economics based on real network usage and fees.
2028 and beyond
Long Term Obsidian Ecosystem
Long Term New Products
  • Iterate on DBT² and message lanes as traffic grows.
  • Explore enterprise side chains and industry specific deployments.
  • Support a larger set of Rock based applications and channels.
  • Continue adding infrastructure, partners, and revenue lines over time.

Timelines are targets. Actual launch dates are set only when code, security reviews, and real world testing show that each step is ready. Obsidian Labs is focused on stability, regulatory awareness, and building something that lasts.

Team, AI and Strategic Partners

Who Is Building Obsidian And How We Use AI

Obsidian Labs is a U S based team of operators, engineers and designers backed by automation and long term relationships. The goal is simple and direct: we leverage AI for profit and for better execution.

How We Use AI Inside The Company

AI is built into the way we work. It supports the team instead of replacing the team.

  • Hundreds of AI agents and bots run on server farms that we operate.
  • Monitoring of network health, wallets and validator operations around the clock.
  • First pass research, document drafts and reporting for the founders and leadership.
  • Automation of internal workflows for support, investor follow up and task routing.
  • Scenario models for token economics, treasury planning and runway planning.
  • Support for testing and simulation before changes move from testnet to mainnet.

Final business and technical decisions stay with the human leadership team. AI is there to surface information, reduce busy work and help the company move faster.

Design, People And Strategic Partners

Alongside AI and automation we invest in design, real world operators and distribution.

  • Full time graphics and product designer for the chain, ROCK and investor materials.
  • An AI focused team member who builds and maintains our internal AI systems.
  • Engineering support around the lead developer for tooling and infrastructure.
  • Operational support that turns technical work into plain language for investors.
  • Strategic partners who run multi million dollar EBITDA businesses in the real economy.
  • Relationships with other technology founders who understand protocol level products.
  • Close ties with social media operators and YouTubers with large subscriber bases.
  • Access to Telegram, X and other communities that can help drive early adoption.

These partners act as sounding boards on governance, capital structure, growth plans and go to market.

Founders And Core Leadership

The founders combine hands on operational experience, deep technical work and direct ownership of the infrastructure that runs the network.

Mitchell Rotta headshot

Mitchell Rotta

Co Founder and CEO · Obsidian Labs

  • Built, scaled and exited industrial, construction and mining businesses.
  • Experience operating crypto infrastructure and on chain systems.
  • Leads vision, strategy and capital allocation for the chain and ROCK.
Daniel Odom headshot

Daniel Odom

Co Founder and Lead Developer · Obsidian Labs

  • Systems engineer and full stack developer with distributed network experience.
  • Architects Obsidian Chain, ROCK messenger and the core developer tooling.
  • Leads technical decision making, security reviews and release timing.

Questions About The Technology

This deck keeps the technical material light on purpose. For full details on DBT², consensus, validators, archives, ROCK message lanes and token plans, review the documentation or speak with your Obsidian Labs contact.

Your investor contact can also arrange a direct conversation with the lead developer for deeper technical questions.

Obsidian Labs · Investor Contact

Get In Touch With Leadership

For accredited investors and partners who would like to speak directly with the leadership team, you may contact Mitchell Rotta, Co Founder and CEO of Obsidian Labs. All conversations are confidential and conducted on a one to one basis.

Direct Contact

Phone 715 513 0772

Investors may request a call, a meeting, or direct introductions to the development team when appropriate.

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