Proof of Usefulness Report

Confio

Analysis completed on 1/18/2026

+31
Proof of Usefulness Score
You're In Business

The project entity, Confio GmbH, is in liquidation as of July 2025, rendering the business vehicle unviable despite the historical significance of its technology (CosmWasm). The submission contains demonstrably false and hyperbolic claims (e.g., 'most people have used my product', audience 'everyone'), resulting in severe penalties for response quality and trust. While the technical innovation of the underlying open-source code remains high, the project lacks forward-looking utility or market relevance in its current form.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+60
Technical Innovation+90
Evidence Of Traction+20
Market Timing Relevance+20
Functional Completeness+10
Subtotal+29
Usefulness Multiplierx1.05
Final Score+30

Project Details

Project URL
confio.gmbh
Description
We are Confio, the team behind CosmWasm. \n \nConfio is an innovative force in developing blockchain technology, decentralized business models and in re-thinking finance. We are the key contributors to CosmWasm and Tgrade, have recently launched CosmWasm Academy and are working on some exciting Opensource projects. We are experts in the field of Opensource, we value high quality code and test writing, we are always pushing the boundaries of what is possible in technology, governance, and finance. Our international team is made of people from a diverse range of backgrounds and experiences who enjoy being pushed to the edge of their comfort zone to discover what is possible, learning and teaching as they go. \n\nConfio is a fully remote company which cares about its fellow humans. We offer flexibility and aim to allow our employees to find a work-life balance. For us it is results that count, not hours.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Banking, Writing And-Editing
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