Proof of Usefulness Report

Dappwork

Analysis completed on 2/20/2026

+36
Proof of Usefulness Score
You're In Business

DappWorks is a verifiable B2B technology company based in Richmond, BC, focusing on IoT and blockchain privacy (e.g., Dappley framework). However, the submission quality is critically low, containing blatantly false claims ('most people have used my product', 'everyone') that contradict the specialized industrial nature of the business. While independent research confirms the company's existence and potential staff size (~40), the submission's lack of seriousness and the low reported valuation/revenue metric relative to team size significantly depress the score.

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Score Breakdown

Real World Utility+13.5
Audience Reach Impact+3.2
Technical Innovation+7.5
Evidence Of Traction+4.5
Market Timing Relevance+4.0
Functional Completeness+0.25
Subtotal+32.95
Usefulness Multiplierx1.10
Final Score+36

Project Details

Project URL
dappworks.com
Description
DappWorks was founded in Aug 2018 with the head office in Richmond, BC. It focuses on developing blockchain-related technologies to solve data privacy protection and data tampering prevention-related problems. DappWorks offers the industrial partners data privacy protection SDK, blockchain-based data tampering prevention SDK, for their IoT chip and modules. The customers include Telink Semiconductor, Global Energy and Lighting, JD Integrated Systems and etc. DappWorks also offers industrial leading IoT blockchain framework, Dappley, for customers to quickly customize their own blockchains. Once deployed, DappWorks provides operation and maintenance services for these blockchains.

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