Proof of Usefulness Report

CarbonChain

Analysis completed on 1/16/2026

+601
Proof of Usefulness Score
Category Standard

CarbonChain is a verifiable, high-impact Series A company (YC S20) providing essential carbon accounting for heavy industries. External search confirms significant traction ($24M+ funding, enterprise clients like Societe Generale), high real-world utility, and strong market relevance. However, the submission itself was of extremely poor quality, containing false claims regarding reach ('everyone') and traction ('most people'), and missing data. The final score reflects the project's strong verified fundamentals (Series A scale), heavily penalized by the low-quality 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+225
Audience Reach Impact+70
Technical Innovation+127
Evidence Of Traction+112
Market Timing Relevance+95
Functional Completeness+2
Subtotal+632
Usefulness Multiplierx0.95
Final Score+601

Project Details

Project URL
Description
CarbonChain was born in 2019 with a mission to tackle climate change by decarbonising global supply chains. Our products offer quantitative and actionable insights to reduce greenhouse gas emissions in the supply chains of the world’s most polluting industries — oil \u0026 gas, mining, metals, minerals and agriculture — responsible for 50% of global greenhouse gas emissions. Our leadership team has deep expertise in commodities, supply chain management and data science, having worked for Amazon, Rio Tinto, Boston Consulting Group, UBS and more. CarbonChain is a proud member of ResponsibleSteel and is supported by the UK government’s innovation arm, InnovateUK, the NatWest accelerator and the London Business School Incubator. We graduated from Y Combinator as part of the Summer 2020 batch.
Audience Reach
everyone
Target Users
everyone
Technologies
Climatetech, Leadership, Incubators
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