Proof of Usefulness Report

Axelar Network

Analysis completed on 2/7/2026

+618
Proof of Usefulness Score
Category Standard

Axelar Network is a high-utility, critical infrastructure project with verifiable success (Unicorn status, major partnerships, >$300M market cap). However, the submission quality is extremely poor, containing hyperbolic claims ('everyone', 'most people') and inaccurate financial data ('17M marketcap'). The score reflects the project's high intrinsic value and innovation, heavily penalized by low Quality Factors (Qi) due to the vague and unsupported submission details.

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Score Breakdown

Real World Utility+230
Audience Reach Impact+85
Technical Innovation+169.2
Evidence Of Traction+110
Market Timing Relevance+90
Functional Completeness+2.5
Subtotal+686.7
Usefulness Multiplierx0.90
Final Score+618

Project Details

Project URL
Description
Axelar is a decentralized network and development platform securely connecting the world’s blockchains and financial institutions.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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