Proof of Usefulness Report

ChainPal

Analysis completed on 2/4/2026

+12
Proof of Usefulness Score
You're In Business

The submission for 'ChainPal' contains severe red flags and unsubstantiated claims. While the concept of a blockchain payment gateway for emerging markets (Africa) addresses a real problem, the project is flagged as 'Likely Unsafe' by trust algorithms, and the associated token (CPAL) shows 'Strong Sell' signals with near-zero value. The submission claims 'most people have used my product,' which is demonstrably false given the niche and low-traffic nature of the verified domains. The GitHub repository has minimal activity (5 followers), and the response quality is extremely low, with vague or hyperbolic answers ('everyone').

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Score Breakdown

Real World Utility+30
Audience Reach Impact+0
Technical Innovation+20
Evidence Of Traction+10
Market Timing Relevance+40
Functional Completeness+0
Subtotal+8.5
Usefulness Multiplierx1.15
Final Score+10

Project Details

Project URL
chainpal.xyz
Description
ChainPal, operating under the domain chainpal.xyz, is a company that specializes in blockchain technology solutions. It focuses on providing innovative tools and services to enhance the efficiency and security of blockchain transactions. ChainPal aims to simplify the complexities of blockchain for businesses and individuals, offering user-friendly platforms for managing digital assets, executing smart contracts, and ensuring transparent and secure transactions. The company is dedicated to advancing the adoption of blockchain technology across various industries by delivering reliable and scalable solutions tailored to meet the evolving needs of its clients.

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