Proof of Usefulness Report

Finite State

Analysis completed on 1/21/2026

+626
Proof of Usefulness Score
Category Standard

Finite State is a legitimate, high-traction Series C cybersecurity company ($72M+ raised) solving critical infrastructure risks via firmware analysis. However, the submission itself ('CrimsonForge') is of very low quality, utilizing a World of Warcraft item name as the submitter and making factually exaggerated claims ('most people have used my product', 'everyone') which contradict the company's B2B enterprise nature. While the underlying technology and market position are strong (scoring high on utility and timing), the score is penalized by low Quality Factors due to the lack of effort and verifiable evidence in the submission text.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+80.0
Technical Innovation+135.0
Evidence Of Traction+112.5
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+652.5
Usefulness Multiplierx0.96
Final Score+626

Project Details

Project URL
finitestate.io
Description
Using massive data analysis of connected device firmware and software, Finite State provides transparency to device manufacturers and asset owners, enabling them to understand and mitigate their risks before they are compromised.\n\nThe Finite State Platform automatically analyzes each device, allowing users to identify risk across a comprehensive matrix of factors. Simply upload your device firmware to our platform and within minutes you will gain access to an overall risk score, a robust Software Bill of Materials (SBOM), a list of existing threats and vulnerabilities, and a wide array of other factors that affect the security of your device.

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