Proof of Usefulness Report

Chainalysis

Analysis completed on 1/17/2026

+798
Proof of Usefulness Score
Unicorn Utility

Chainalysis is a verified industry leader ($8.6B peak valuation, ~$250M ARR) and the standard for blockchain forensics, used by 250+ government agencies globally. While the submission contained lazy and factually incorrect claims (e.g., 'reach: everyone', 'most people have used my product'), the project's actual utility, technical moats, and market dominance are exceptional. The score reflects the massive real-world impact and traction, penalized slightly for the low-effort submission.

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Score Breakdown

Real World Utility+237
Audience Reach Impact+180
Technical Innovation+135
Evidence Of Traction+190
Market Timing Relevance+95
Functional Completeness+2
Subtotal+840
Usefulness Multiplierx0.95
Final Score+798

Project Details

Project URL
chainalysis.com
Description
Chainalysis is a leading blockchain data platform that provides data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. The company specializes in offering solutions for tracking and investigating cryptocurrency transactions, helping to detect and prevent illicit activities such as money laundering, fraud, and compliance violations. By leveraging advanced analytics and comprehensive data sets, Chainalysis enables its clients to make informed decisions and maintain the integrity of their financial systems.
Audience Reach
everyone
Target Users
everyone
Technologies
Risk Management, Analytics, 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