Proof of Usefulness Report

Chaindots

Analysis completed on 2/2/2026

+346
Proof of Usefulness Score
Certified Problem Solver

Chaindots is a verifiable, VC-backed B2B risk management platform with ~22 employees and legitimate operations, distinguishing it significantly from vaporware. However, the project submission itself was of extremely low quality, containing demonstrably false claims (e.g., 'most people have used my product', audience 'everyone') and lazy data entry ('marketcap: null'). The score reflects the legitimate underlying business value and traction (investors, team size) verified via external search, heavily penalized by the poor response quality and lack of credible user-provided evidence.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+1.0
Technical Innovation+9.0
Evidence Of Traction+5.0
Market Timing Relevance+8.0
Functional Completeness+0.5
Subtotal+42.25
Usefulness Multiplierx0.82
Final Score+346

Project Details

Project URL
chaindots.com
Description
Chaindots is the first collaborative risk platform, where companies connect with their third parties, share information and facilitate business in an agile and secure way. Our risk platform allows companies to know and efficiently monitor the risk of their customers and suppliers, gaining agility, security and scalability in their operations; and on the other hand to SMEs and startups improve their risk management, demonstrate their level of compliance and easily access new business opportunities. Chaindots transforms bureaucratic, slow and costly due diligence processes into agile, transparent and pro-business processes.

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