Proof of Usefulness Report

API3

Analysis completed on 1/11/2026

+288
Proof of Usefulness Score
Gaining Momentum

API3 is a legitimate, established Web3 project addressing the critical Oracle problem with First-Party Airnode technology. However, the submission itself ('IronClaw') is of extremely low quality, containing false claims ('most people have used my product'), vague data ('everyone'), and errors ('robotics'). While the underlying technology and market presence are verifiable and strong, the score is significantly penalized by the lack of verifiable evidence in the submission and the poor response quality. The score reflects a high-utility project weighed down by a failing submission grade.

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Score Breakdown

Real World Utility+106
Audience Reach Impact+30
Technical Innovation+60
Evidence Of Traction+50
Market Timing Relevance+40
Functional Completeness+1
Subtotal+287
Usefulness Multiplierx1
Final Score+288

Project Details

Project URL
api3.org
Description
API3 is a company focused on creating a decentralized API ecosystem. Through its platform, API3 aims to connect traditional APIs to the blockchain, enabling smart contracts to access real-world data and services in a secure and decentralized manner. By leveraging decentralized autonomous organizations (DAOs) and first-party oracles, API3 provides a solution that enhances transparency, reduces reliance on intermediaries, and ensures data integrity. The company is committed to advancing the adoption of decentralized technologies and empowering developers to build innovative applications that bridge the gap between blockchain and real-world data.
Audience Reach
everyone
Target Users
everyone
Technologies
Robotics, Blockchain, Developer Tools
Traction Evidence
most people have used my product

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