Proof of Usefulness Report

Clain

Analysis completed on 1/17/2026

+62
Proof of Usefulness Score
You're In Business

Clain is a legitimate, established B2B entity (est. 2018) providing necessary blockchain compliance and analytics tools, competing with firms like Chainalysis. However, the project submission itself is of extremely poor quality, containing factually incorrect claims (e.g., 'most people have used my product') and lacking specific metrics. While the real-world utility of the technology is high for its niche target audience (law enforcement, exchanges), the score is severely penalized by the lazy and inaccurate submission data.

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+90
Audience Reach Impact+20
Technical Innovation+60
Evidence Of Traction+33
Market Timing Relevance+70
Functional Completeness+5
Subtotal+52
Usefulness Multiplierx1.19
Final Score+62

Project Details

Project URL
Description
Clain, a crypto compliance and analytics company, develops blockchain analysis software that provides regulatory compliance for crypto-related businesses and empowers forensic investigators with capable tools to detect and explore crypto-enabled crimes. It primarily caters to crypto exchanges, financial institutions, and law enforcement.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Risk Management, Analytics
Traction Evidence
most people have used my product

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