Proof of Usefulness Report

dWallet Labs

Analysis completed on 1/20/2026

+294
Proof of Usefulness Score
Gaining Momentum

The project 'dWallet Labs' is a legitimate, high-potential venture in the Web3 cybersecurity space, developing Multi-Party Computation (MPC) infrastructure (Odsy Network). External verification confirms a $250M valuation and $12.5M in funding, which indicates significant investor traction despite the 'Minimal traction' signal in the raw user count. However, the submission quality is critically low, containing unverifiable and exaggerated claims (e.g., 'most people have used my product', audience is 'everyone'). The score reflects the strong underlying technology and financial backing, heavily penalized for the lack of a live user base and the poor quality of the submission.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+19
Technical Innovation+64
Evidence Of Traction+63
Market Timing Relevance+34
Functional Completeness+1
Subtotal+267
Usefulness Multiplierx1.1
Final Score+293

Project Details

Project URL
Description
dWallet Labsis in the IT Services Industry
Audience Reach
everyone
Target Users
everyone
Technologies
It Services, Cybersecurity Services-And-Products
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