Proof of Usefulness Report

Bitquery

Analysis completed on 1/15/2026

+420
Proof of Usefulness Score
Certified Problem Solver

Bitquery is a verified, high-value blockchain data infrastructure company with significant funding ($8.5M+) and revenue (~$4.5M). However, the submission itself was of extremely low quality, containing lazy claims ('most people have used my product'), incorrect tags ('space-technology'), and zero evidence. The high score reflects the verifiable reality of the business, heavily discounted by the poor quality of the 'Proof' provided in the submission.

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Score Breakdown

Real World Utility+157
Audience Reach Impact+40
Technical Innovation+84
Evidence Of Traction+87
Market Timing Relevance+85
Functional Completeness+2
Subtotal+456
Usefulness Multiplierx0.92
Final Score+420

Project Details

Project URL
bitquery.io
Description
Bitquery is a big data company in the blockchain space with API-first products. We started our journey in 2017 and have a remote team that meets once a year at some incredible destination to meet, greet, and work together (Paid by the company. \"Wink wink\")\n\nWe strongly encourage innovation and proactive people enthusiastic about building the best data products that can power the whole blockchain space. \n\nEven though most of our employers work remotely from multiple countries, we have a very close work relationship.\n\nDon't know blockchain technology? Not a problem; we will help you learn blockchain technology.\n\nWe are building the best data products in the world; Join us.
Audience Reach
everyone
Target Users
everyone
Technologies
Analytics, Space Technology, Energy Solutions
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