Proof of Usefulness Report

Chronicled

Analysis completed on 1/17/2026

+574
Proof of Usefulness Score
Industry Mainstay

Chronicled (MediLedger) is a high-utility, verified industry leader in blockchain for the pharmaceutical supply chain, securing the 'Big 3' wholesalers and major manufacturers (Pfizer, Gilead). While the project itself demonstrates exceptional real-world utility, technical innovation (zk-SNARKs), and B2B traction ($12M+ est. revenue), the submission quality is extremely poor, containing lazy claims ('everyone', 'most people') and missing data. The score reflects the high intrinsic value of the project, significantly penalized for the low-effort submission.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+80
Technical Innovation+127
Evidence Of Traction+112
Market Timing Relevance+90
Functional Completeness+2
Subtotal+637
Usefulness Multiplierx0.90
Final Score+573

Project Details

Project URL
Description
Based in San Francisco, Chronicled is the custodian of MediLedger, the primary blockchain-based network in the healthcare and life science industry that powers solutions to facilitate trust and automation between companies. Chronicled develops solutions for revenue management and supply chain on the MediLedger Network.\n\nLearn more at: http://www.chronicled.com and https://www.mediledger.com/
Audience Reach
everyone
Target Users
everyone
Technologies
Automation, Biotechnology, Blockchain
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