Proof of Usefulness Report

Bloq

Analysis completed on 1/15/2026

+52
Proof of Usefulness Score
You're In Business

While Bloq is a verifiable entity founded in 2015 by industry veterans (Jeff Garzik, Matthew Roszak) with legitimate products (Vesper, Titan), the submission itself contains grossly exaggerated and false claims regarding reach ('everyone') and traction ('most people have used my product'). External data indicates the company generates revenue ($3M-$10M est.) but faces stagnation signals ('Deadpooled' status in some databases, low DeFi TVL). The score reflects the reality of a valid legacy project severely penalized for a low-integrity submission.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+80
Audience Reach Impact+20
Technical Innovation+80
Evidence Of Traction+50
Market Timing Relevance+60
Functional Completeness+30
Subtotal+47
Usefulness Multiplierx1.11
Final Score+52

Project Details

Project URL
Description
Founded in 2015, Bloq is a blockchain innovation and infrastructure company. The company builds the foundational technology that organizations need to connect to blockchain networks and spins off projects in the most cutting-edge areas of its industry, such as cryptocurrency mining (Titan) and Decentralized Finance or “DeFi” (Metronome and Vesper).
Audience Reach
everyone
Target Users
everyone
Technologies
Defi, Blockchain, Banking
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