ChainPort is a verifiable blockchain bridge project that raised ~$14M in 2022 and supports roughly 20 chains. However, the project appears to be struggling significantly with current traction, showing a low Total Value Locked (TVL) of ~$1.68M (DefiLlama), down from historical highs. The submission quality is critically poor, containing false claims ('most people have used my product'), nonsensical data ('technologies: construction'), and missing metrics. While the underlying technology (MPC, Fireblocks integration) is legitimate, the project's current stagnation and the low-effort submission result in a score reflecting minimal current usefulness.
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Score Breakdown
Project Details
Algorithm Insights
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