Proof of Usefulness Report

Binance

Analysis completed on 1/15/2026

+801
Proof of Usefulness Score
Unicorn Utility

Binance is a globally dominant cryptocurrency exchange with verifiable market leadership, massive user base, and significant utility. While the project's real-world impact and scale are undeniable (scoring near maximum in utility and reach), the submission itself was low-effort, utilizing hyperbole ('everyone', 'most people') rather than specific metrics. The high score reflects the objective reality of the project's success, adjusted downward slightly for the lack of professional detail in the application.

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Score Breakdown

Real World Utility+237
Audience Reach Impact+200
Technical Innovation+135
Evidence Of Traction+200
Market Timing Relevance+90
Functional Completeness+7
Subtotal+870
Usefulness Multiplierx0.92
Final Score+800

Project Details

Project URL
binance.com
Description
Binance, accessible via binance.com, is one of the world's leading cryptocurrency exchanges. Founded in 2017 by Changpeng Zhao, the company has quickly grown to become a major player in the digital asset industry. Binance offers a comprehensive platform for trading a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and many altcoins. The platform is known for its robust security measures, high liquidity, and a wide range of services including spot trading, futures trading, and staking. Binance also provides educational resources and tools for both novice and experienced traders, aiming to increase the adoption and understanding of blockchain technology globally. Additionally, Binance has expanded its ecosystem to include Binance Smart Chain, a blockchain network that supports smart contracts and decentralized applications.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Defi, Investing
Traction Evidence
most people have used my product

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