Proof of Usefulness Report

Ethena

Analysis completed on 1/20/2026

+19
Proof of Usefulness Score
You're In Business

The submission conflates two distinct entities: 'Ethena' (a B2B compliance training platform at goethena.com) and 'Ethena Labs' (a crypto synthetic dollar protocol). While the description and URL refer to the Series B compliance company, the business type ('Synthetic dollar protocol') and revenue claims refer to the crypto project. Additionally, claims of 'space-technology' usage and 'everyone' as the audience are unsubstantiated and contradictory. This identity crisis and lack of coherent data result in a 'Red Flag' evaluation.

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Score Breakdown

Real World Utility+5.00
Audience Reach Impact+2.00
Technical Innovation+1.50
Evidence Of Traction+2.50
Market Timing Relevance+2.50
Functional Completeness+0.25
Subtotal+13.75
Usefulness Multiplierx1.15
Final Score+16

Project Details

Project URL
Description
Ethena delivers modern, effective workplace eLearning. Our first product, harassment prevention training, focuses on culture change over compliance and is trusted by the most innovative companies including Netflix, Zendesk, Zoom, Figma, and more. We're disrupting a space filled with slow moving, legacy players, and creating engaging learning experiences used tens of thousands of learners and growing. \n\nWe have a hub office located in Brooklyn for those of us in the NYC area, but the majority of our team is remote, working EST hours.

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