Proof of Usefulness Report

Etherscan

Analysis completed on 1/21/2026

+544
Proof of Usefulness Score
Industry Mainstay

Project is Etherscan, the essential infrastructure for the Ethereum network with massive verified global adoption. However, the submission quality was extremely low (pseudonym, missing metrics, lazy descriptions). While the project's real-world utility and reach are indisputable (Tier 1), the score is heavily penalized by the lack of direct evidence provided in the application, preventing a top-tier (>700) rating.

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Score Breakdown

Real World Utility+150.0
Audience Reach Impact+120.0
Technical Innovation+54.0
Evidence Of Traction+100.0
Market Timing Relevance+48.0
Functional Completeness+1.0
Subtotal+473
Usefulness Multiplierx1.15
Final Score+544

Project Details

Project URL
etherscan.io
Description
Etherscan is a leading blockchain explorer and analytics platform for the Ethereum network, accessible through its domain etherscan.io. It provides users with a comprehensive suite of tools to explore and interact with the Ethereum blockchain. Etherscan allows users to track transactions, view wallet balances, and access detailed information about smart contracts. It is widely used by developers, investors, and enthusiasts to gain insights into Ethereum's blockchain activities, verify transactions, and ensure transparency within the network. Etherscan is recognized for its user-friendly interface and reliable data, making it an essential resource for anyone involved in the Ethereum ecosystem.

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