Proof of Usefulness Report

Blocksandbeers

Analysis completed on 2/27/2026

+6
Proof of Usefulness Score
You're In Business

The submission for 'Blocksandbeers' presents significant red flags, primarily the hyperbolic claim that 'most people have used my product' and an audience reach of 'everyone', which contradicts the verifiable lack of digital footprint. The revenue metric is cited as 'marketcap', suggesting a potential token project or confusion regarding business metrics. While the concept of a blockchain meetup (established 2018) has some inherent social utility, there is no evidence of technical innovation, scalability, or the claimed traction. The project scores extremely low due to unverifiable claims and poor submission quality.

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Score Breakdown

Real World Utility+2.50
Audience Reach Impact+0.10
Technical Innovation+0.08
Evidence Of Traction+0.13
Market Timing Relevance+2.40
Functional Completeness+0.25
Subtotal+5.46
Usefulness Multiplierx1.10
Final Score+6

Project Details

Description
Es simplemente la excusa para que, semanalmente, entusiastas y curiosos de todo lo que tiene que ver con la tecnología blockchain puedan conocerse, reunirse y disfrutar de un buen rato charlando entre amigos. Por tanto, si quieres saber sobre Bitcoin, blockchain, criptomonedas, smart contracts, tokens, IoT, minería, ICOS, Fintech, exchanges, wallets, etc. Tienes que venir a la próxima quedada sin falta para ponerte al día sobre estos temas porque muy pronto van a cambiarlo todo.

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