Proof of Usefulness Report

Cypherock Wallet

Analysis completed on 1/19/2026

+308
Proof of Usefulness Score
Certified Problem Solver

Cypherock is a legitimate hardware wallet company offering innovative private key management (Shamir Secret Sharing) without seed phrases. However, the project submission itself is of extremely poor quality, containing hyperbolic claims ('most people have used my product'), vague data ('everyone'), and empty metrics. While the technology solves a high-utility problem in the crypto security space, the lack of verifiable traction data in the submission and the unprofessional response quality significantly reduce the score. The evaluation relies heavily on external verification of the company's existence and technology to prevent a failing grade.

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Score Breakdown

Real World Utility+131
Audience Reach Impact+15
Technical Innovation+84
Evidence Of Traction+25
Market Timing Relevance+90
Functional Completeness+2
Subtotal+347
Usefulness Multiplierx0.89
Final Score+308

Project Details

Project URL
Description
More than $4 Billion worth of digital assets have been lost or stolen in 2019 alone.\Most Crypto Investors lose sleep over the fear of losing their Crypto. Cypherock is building a vertically integrated solution to Hodl, transact, backup, exchange and inherit without the risk of loss theft of Crypto giving users a peace of mind about its security.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Risk Management, Construction
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