Proof of Usefulness Report

ChromaWay AB

Analysis completed on 1/17/2026

+489
Proof of Usefulness Score
Industry Mainstay

ChromaWay AB is a well-established blockchain company (founded 2014) with a large team (197 employees) and legitimate technical innovations (Chromia/Relational Blockchain). However, the submission quality is extremely poor, containing exaggerated claims ('everyone', 'most people have used my product') and missing key financial data. The score reflects the company's strong verifiable scale and history, heavily penalized for the lack of credible evidence and professionalism in the specific submission responses.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+2
Audience Reach Impact+2
Technical Innovation+1
Evidence Of Traction+2
Market Timing Relevance+1
Functional Completeness+0
Subtotal+515
Usefulness Multiplierx0.95
Final Score+489

Project Details

Project URL
Description
ChromaWay AB is a pioneering company in the blockchain technology space, known for its innovative solutions that leverage distributed ledger technology to enhance various industries. Founded in 2014, ChromaWay has been at the forefront of developing blockchain platforms that enable smart contracts and decentralized applications. The company is particularly recognized for its work in real estate, finance, and government sectors, providing tools that improve transparency, efficiency, and security. ChromaWay's flagship product, Chromia, is a relational blockchain platform designed to empower developers to build scalable and user-friendly decentralized applications. With a focus on creating practical and impactful blockchain solutions, ChromaWay continues to drive the adoption of blockchain technology across different sectors globally.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Space Technology, Decentralization
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