Proof of Usefulness Report

EthSign

Analysis completed on 1/21/2026

+251
Proof of Usefulness Score
Gaining Momentum

EthSign is a verified, high-traction Web3 infrastructure project backed by top-tier VCs (Sequoia, Animoca) with over 2M users and significant revenue ($15M+). However, the submission itself is of extremely low quality, featuring hyperbolic claims ('most people have used my product') and nonsensical technical descriptions ('leadership' as technology). The score reflects a balance between the undeniable real-world success of the project and the severe penalties applied for the lack of credible evidence provided in the input.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+63.0
Audience Reach Impact+38.4
Technical Innovation+30.6
Evidence Of Traction+54.0
Market Timing Relevance+36.0
Functional Completeness+2.0
Subtotal+224
Usefulness Multiplierx1.12
Final Score+251

Project Details

Project URL
Description
EthSignis in the Digital Transaction Management Industry

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