Proof of Usefulness Report

DAO

Analysis completed on 1/19/2026

+42
Proof of Usefulness Score
You're In Business

The project 'DAOHQ' (submitted as StarStorm) appears to be a legitimate but failed venture that raised $1.3M in 2022 (backed by Mark Cuban) but is currently listed as 'Out of Business' on PitchBook. The submission itself is of extremely low quality, containing false claims ('most people have used my product') and generic data. While the project historically had significant backing, its current dormant status and the spam-like quality of the submission result in a very low score.

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Score Breakdown

Real World Utility+20
Audience Reach Impact+10
Technical Innovation+15
Evidence Of Traction+25
Market Timing Relevance+20
Functional Completeness+0
Subtotal+45
Usefulness Multiplierx0.93
Final Score+42

Project Details

Project URL
Description
DAOis in the Cryptocurrencies Industry
Audience Reach
everyone
Target Users
everyone
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
Technology choices support scalability goals

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