Proof of Usefulness Report

EMURGO

Analysis completed on 1/20/2026

+695
Proof of Usefulness Score
Category Standard

EMURGO is a founding entity of the Cardano blockchain (Top 10 cryptocurrency) with verifiable massive scale (~$29M est. revenue, ~800k+ Yoroi wallet users, $200M investment vehicle). However, the project submission itself was of extremely low quality, containing factually incorrect claims ('most people have used my product') and understating the organization's actual size (200+ employees vs 11-50 input). The high score reflects the verifiable real-world utility and traction of the entity, adjusted downward heavily for the poor quality of the specific submission and a randomization factor simulating market volatility.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+170
Technical Innovation+112.5
Evidence Of Traction+157.5
Market Timing Relevance+80
Functional Completeness+2.5
Subtotal+747.5
Usefulness Multiplierx0.93
Final Score+695

Project Details

Project URL
emurgo.io
Description
EMURGO drives the adoption of Cardano and adds value to ADA holders by building, investing in, and advising projects or organizations that adopt Cardano’s decentralized blockchain ecosystem. EMURGO leverages its expertise in blockchain R\u0026D as well as its global network of related blockchain and industry partners to support ventures globally.\n\nEMURGO is the official commercial and venture arm of the Cardano project, registered in Tokyo, Japan since June 2017 and in Singapore since May 2018. EMURGO is uniquely affiliated and works closely with IOHK to grow Cardano’s ecosystem globally and promote the adoption of the Cardano blockchain. Learn more about the project at https://emurgo.io

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