Proof of Usefulness Report

Chainwire

Analysis completed on 2/4/2026

+353
Proof of Usefulness Score
Certified Problem Solver

Chainwire is a market-leading B2B press release distribution service for the cryptocurrency industry, with verified traction (2,000+ clients, industry awards) and significant revenue potential (~$5M-$10M estimated). However, the specific project submission provided (under the name 'LunarForge') contained erroneous data, inaccurate claims ('most people have used my product'), and irrelevant tags ('space-technology'), heavily penalizing the Response Quality score. Despite the poor submission, the underlying business is highly useful and established, resulting in a score comparable to the calibration reference (HackerNoon).

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Score Breakdown

Real World Utility+102.0
Audience Reach Impact+56.0
Technical Innovation+26.4
Evidence Of Traction+117.0
Market Timing Relevance+34.0
Functional Completeness+1.0
Subtotal+336.4
Usefulness Multiplierx1.05
Final Score+353

Project Details

Project URL
chainwire.org
Description
Chainwire is a company that specializes in blockchain and cryptocurrency communications. It provides a platform for automated press release distribution specifically tailored for the blockchain and cryptocurrency industry. By leveraging its extensive network of crypto and blockchain-focused media outlets, Chainwire helps companies in the sector effectively disseminate their news and announcements to a targeted audience. The service aims to streamline the process of reaching key stakeholders and potential investors, enhancing visibility and engagement within the rapidly evolving digital asset space.

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