Round 1 Winners!
Proof of Usefulness Report

CryptoSwapBot

Analysis completed on 7/7/2026

+26.36
Proof of Usefulness Score
You're In Business

CryptoSwapBot is in its infancy with minimal verifiable traction and an unproven audience reach. The product serves as a Telegram-based wrapper for the existing ChangeNOW API, meaning technical innovation is very low. Key metrics like active users and revenue are missing, and claims rely entirely on future expectations rather than current evidence. It falls squarely into the minimal traction category.

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Score Breakdown

Real World Utility+12.50
Audience Reach Impact+1.00
Technical Innovation+2.25
Evidence Of Traction+1.25
Market Timing Relevance+6.00
Functional Completeness+0.75
Subtotal+23.75
Usefulness Multiplierx1.11
Final Score+26

Project Details

Description
The project is designed for quick and secure buying/selling and exchanging cryptocurrencies via the Telegram bot based on ChangeNOW. It is also possible to work through the website. In the near future, an affiliate program and a more convenient widget for buying and selling cryptocurrencies will be added.
Audience Reach
The project is new and optimized for SEO for customers who are looking for exactly such an exchange through Telegram. Expected reach of 1000-2000 unique visitors per month.
Target Users
The project is designed for beginners and active crypto enthusiasts, without complicated registrations or checks.
Technologies
Other
Traction Evidence
The project has just been launched and is starting to develop. https://medium.com/@kevindorn996/i-tested-5-crypto-exchanges-without-id-verification-heres-what-happened-fcc7fc9d31f2

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