Proof of Usefulness Report

Celsius

Analysis completed on 1/17/2026

+5
Proof of Usefulness Score
You're In Business

The submission references Celsius Network, a cryptocurrency lending platform that filed for Chapter 11 bankruptcy in July 2022 amid allegations of fraud and mismanagement. The submission contains significant red flags, including delusional traction claims ('most people have used my product'), hallucinatory tags ('space-technology'), and a disregard for the entity's defunct status. While the brand has historical recognition, the current real-world utility is negative due to the loss of user funds, and the response quality is exceptionally poor.

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Score Breakdown

Real World Utility+1
Audience Reach Impact+3
Technical Innovation+0
Evidence Of Traction+0
Market Timing Relevance+0
Functional Completeness+0
Subtotal+5
Usefulness Multiplierx0.92
Final Score+5

Project Details

Project URL
celsius.network
Description
Celsius is a financial technology platform that operates in the cryptocurrency space, offering a range of services designed to provide financial freedom and economic opportunity. Through its platform, Celsius allows users to earn interest on their cryptocurrency holdings, borrow against their digital assets, and make payments. The company aims to disrupt traditional banking by providing a more inclusive and transparent financial ecosystem. Celsius is known for its community-centric approach, often redistributing up to 80% of its revenue back to its users in the form of rewards. The platform supports a wide variety of cryptocurrencies and is committed to providing secure, efficient, and user-friendly financial services.
Audience Reach
everyone
Target Users
everyone
Technologies
Fintech, Space Technology, Social Media
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