Proof of Usefulness Report

Bloxico

Analysis completed on 2/7/2026

+395
Proof of Usefulness Score
Certified Problem Solver

Bloxico is a well-established blockchain development consultancy (founded 2018) with a significant team size (125 employees) and a reputable client list including IOG and Protocol Labs. The project demonstrates strong real-world utility and verified traction through its longevity and portfolio. However, the submission itself is of low quality, containing conflicting project names ('DeepGale' vs 'Bloxico'), exaggerated claims (e.g., 'most people have used my product'), and missing data fields. The score reflects the solid underlying business fundamentals (team size, verifiable clients) heavily penalized for the poor quality and reliability of the submission data.

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Score Breakdown

Real World Utility0.25, Q
Audience Reach Impact0.20, Q
Technical Innovation0.15, Q
Evidence Of Traction0.25, Q
Market Timing Relevance0.10, Q
Functional Completeness0.05, Q
Subtotal+465
Usefulness Multiplierx0.85
Final Score+395

Project Details

Project URL
Description
Bloxico is a company founded by Nenad Tanaskovic (NT), a former director of a fintech company AFA Systems plc listed on London Stock Exchange, and several blockchain and fintech experts with the idea of creating second to none software products in fintech and Web3 domain. Bloxico has opened a Development Centre in Belgrade in 2018 to utilise the Serbian software development talent and maturing blockchain community of experts. NT is a South African businessman, originally from Serbia, with 30+ years experience in software development and fintech and an impressive list of international clients: Royal Bank of Scotland, Merrill Lynch International, Deutsche Bank, Norinchukin Japan, United Mizrahi Bank Israel, etc… In the portfolio of valuable clients, Bloxico has world-leading Web3 industry-leading players:, IOG, Protocol Labs, as well as a business presence in South Africa, Europe, Middle East, USA, and Australia. As a company, we strive towards continuous innovation, always searching for new solutions that would utilize the technology we need to reach our goals. Our vision is to become second to none in blockchain and crypto software development. High quality is always our top priority and our aim is always set on excellent service for our clients. Focused on empowering users, Bloxico's goal is to assist them to transform their vision into reality via blockchain. We perceive ourselves as striving towards responsibility, simplicity, and correctness as core values and advocate for open communication and solution-seeking ways of thinking and functioning. We thrive on complex projects and love challenges because we believe that every problem has a solution if you are creative enough. We value the “I don’t know” sentence with a smile on your face as much as all the rest! Join an international team that seeks real, sustainable change in the world.

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