Proof of Usefulness Report

CoinDesk

Analysis completed on 2/6/2026

+509
Proof of Usefulness Score
Industry Mainstay

The project represents 'CoinDesk', a premier digital asset media and data provider with immense industry utility and reach. However, the submission itself is of extremely low quality, featuring hyperbolic claims ('most people have used my product'), nonsensical financial data ('all time marketcap: 2500000'), and generic technical descriptions. While the entity itself is a market leader (validating high base scores for Utility, Reach, and Traction), the score is significantly dampened by the poor evidence quality and lack of specific, verifiable details in the application.

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Score Breakdown

Real World Utility+18.00
Audience Reach Impact+11.40
Technical Innovation+5.25
Evidence Of Traction+11.88
Market Timing Relevance+8.50
Functional Completeness+0.25
Subtotal552.8)
Usefulness Multiplierx0.92
Final Score+509

Project Details

Project URL
Description
CoinDesk Data, previously known as CCData, offers cutting-edge data and index solutions, along with award-winning research aimed at driving digital asset adoption to new heights.

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