Proof of Usefulness Report

Finity Technologies

Analysis completed on 1/21/2026

+73
Proof of Usefulness Score
You're In Business

Finity Technologies (now Bitfinity Network) is a legitimate, well-funded project (raising ~$8.5M from Polychain Capital, ParaFi, etc.) building an EVM Layer-2 for Bitcoin on the Internet Computer (ICP). While the technical innovation and market timing are excellent (Bitcoin DeFi narrative), the submission itself was of extremely poor quality. The applicant made hyperbolic, false claims (e.g., "most people have used my product") and provided no verifiable metrics, which severely impacted the Traction and Reach scores despite the project's external validity.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+4.00
Technical Innovation+13.50
Evidence Of Traction+16.00
Market Timing Relevance+9.50
Functional Completeness+0.25
Subtotal+64.5
Usefulness Multiplierx1.13
Final Score+73

Project Details

Project URL
infinityswap.one
Description
Our product is a decentralised exchange that enables users to swap, stake and create tokens on a number of different blockchain. We have the unique ambition of aggregating across hundreds of blockchain ecosystems, including Bitcoin. Our service effectively allows users to earn an interest from their coins, by leveraging our automated market making services. We have strong VC backing - from Polychain Capital, ParaFi, Warburg Serres and other institutional investors.

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