Proof of Usefulness Report

CoinMarketCap

Analysis completed on 1/18/2026

+695
Proof of Usefulness Score
Category Standard

CoinMarketCap is the industry standard for cryptocurrency market data, boasting massive global utility and reach that far exceeds the calibration baseline. However, the submission itself is of extremely low quality, citing 'space-technology' as a tech stack and providing 'most people' as the only evidence of traction. While the project's real-world dominance secures a high score, the lack of effort in the submission and potential impersonation risks (generic email) result in significant penalties to the Quality Factors, keeping the score from reaching the theoretical maximum.

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Score Breakdown

Real World Utility+23
Audience Reach Impact+20
Technical Innovation+7
Evidence Of Traction+15
Market Timing Relevance+9
Functional Completeness+0
Subtotal+763
Usefulness Multiplierx0.91
Final Score+695

Project Details

Project URL
coinmarketcap.com
Description
CoinMarketCap is a leading cryptocurrency data and analytics platform, accessible through its website coinmarketcap.com. Founded in 2013, the company provides comprehensive information on a wide array of cryptocurrencies, including real-time market data, historical charts, and detailed information on individual coins and tokens. CoinMarketCap is widely recognized for its reliable and accurate data, serving as a go-to resource for investors, traders, and enthusiasts in the cryptocurrency space. The platform also offers tools for portfolio tracking, educational content, and insights into market trends, making it an essential resource for anyone interested in the digital asset market.
Audience Reach
everyone
Target Users
everyone
Technologies
Analytics, Space Technology, Investing
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