Proof of Usefulness Report

Celo

Analysis completed on 1/17/2026

+615
Proof of Usefulness Score
Category Standard

The project 'Celo' is a well-established, high-utility Layer-1 blockchain with significant global reach and technical merit, aligning with a 'Unicorn/Large Scale' calibration (400-700+). However, the specific submission provided by 'BlazeForge' is of extremely low quality, featuring hyperbolic claims ('most people have used my product'), missing critical data (revenue, team size), and generic descriptions. Consequently, while the score reflects the project's high intrinsic value and verifiable existence, it is heavily penalized by low Quality Factors and Response Quality scores due to the lack of verifiable evidence in the application itself.

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+230
Audience Reach Impact+108
Technical Innovation+135
Evidence Of Traction+106
Market Timing Relevance+85
Functional Completeness+5
Subtotal+669
Usefulness Multiplierx0.92
Final Score+615

Project Details

Project URL
Description
Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. we embrace a full-stack approach, re-imagining technology at each layer. our innovations are designed with communities around the world
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain
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