Proof of Usefulness Report

Algorand

Analysis completed on 2/7/2026

+0
Proof of Usefulness Score
You're In Business

The submission appears to be an impersonation of the legitimate Algorand blockchain project. The submitted URL (algo-rand.com) is not the official domain (algorand.com), and the claims of audience reach ('everyone') and traction ('most people have used my product') are demonstrably false and hyperbolic. This is a red-flag submission with no verifiable utility or genuine technical basis.

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Score Breakdown

Real World Utility+0
Audience Reach Impact+0
Technical Innovation+0
Evidence Of Traction+0
Market Timing Relevance+0
Functional Completeness+0
Subtotal+0
Usefulness Multiplierx1.0
Final Score+0

Project Details

Project URL
algo-rand.com
Description
Algorand builds technology that accelerates the convergence between decentralized & traditional finance by enabling the simple creation of next generation financial products, protocols, and exchange of value — Including NFTs, stablecoins, payments & more.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline