Proof of Usefulness Report

Decrypt by Consensys

Analysis completed on 1/19/2026

+240
Proof of Usefulness Score
Gaining Momentum

Decrypt is a high-authority cryptocurrency media platform with verified significant market presence, valuation (~$50M), and backing (Consensys). However, the submission quality is critically low, relying on hyperbolic claims ('everyone', 'most people have used my product') and lacking specific engagement metrics. While the project's real-world utility and traction are objectively high, the poor quality of evidence provided in this submission heavily penalizes the Quality Factors, resulting in a score significantly lower than the project's potential.

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Score Breakdown

Real World Utility+56
Audience Reach Impact+45
Technical Innovation+18
Evidence Of Traction+84
Market Timing Relevance+23
Functional Completeness+1
Subtotal+229
Usefulness Multiplierx1.05
Final Score+240

Project Details

Project URL
decrypt.co
Description
Decrypt by Consensys, accessible through the domain decrypt.co, is a media platform that focuses on delivering news, insights, and analysis related to the cryptocurrency and blockchain industry. As part of Consensys, a leading blockchain technology company, Decrypt aims to demystify the complex world of digital currencies and decentralized technologies for a broad audience. The platform covers a wide range of topics, including market trends, technological advancements, regulatory developments, and interviews with industry leaders, providing readers with comprehensive and accessible information to better understand the rapidly evolving crypto landscape.
Audience Reach
everyone
Target Users
everyone
Technologies
Blockchain, Analytics, News Journalism
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