Proof of Usefulness Report

bitsCrunch

Analysis completed on 1/15/2026

+241
Proof of Usefulness Score
Gaining Momentum

bitsCrunch is a legitimate blockchain forensics project with significant historical traction (raised ~$6.75M, listed token BCUT), but the submission quality is critically poor. The user claims 'everyone' as the audience and 'most people' as traction, which are demonstrably false. While the $80M market cap claim likely refers to an all-time high (current cap ~$3M, down ~95%), the project retains functional utility and a verified team of 30-70. The score is heavily penalized (Qi=0.5) for exaggerated claims and lack of verifiable current data in the submission.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+24
Technical Innovation+45
Evidence Of Traction+40
Market Timing Relevance+20
Functional Completeness+1
Subtotal+215
Usefulness Multiplierx1.12
Final Score+240

Project Details

Project URL
Description
The most comprehensive DATA- Driven NFT insights ever.
Audience Reach
everyone
Target Users
everyone
Technologies
Analytics, Blockchain
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