Proof of Usefulness Report

Galaxy Digital

Analysis completed on 1/22/2026

+524
Proof of Usefulness Score
Industry Mainstay

The project represents 'Galaxy Digital', a major publicly traded financial services firm in the digital asset sector. While the entity itself demonstrates immense real-world utility, verifiable traction, and market relevance (validating a high baseline), the submission quality is extremely poor. The submitter ('ShadowRider') provided vague, hyperbolic claims ('everyone', 'most people') and failed to detail technical specifics. Consequently, the score reflects the high intrinsic value of the business heavily penalized by low Quality Factors due to the lack of supporting evidence in the submission.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+80
Technical Innovation+60
Evidence Of Traction+112.5
Market Timing Relevance+90
Functional Completeness+2.5
Subtotal+570
Usefulness Multiplierx0.92
Final Score+524

Project Details

Project URL
galaxy.com
Description
Galaxy Digital is a diversified financial services and investment management company operating in the digital asset, cryptocurrency, and blockchain technology sectors. Founded by Michael Novogratz, the company provides a range of services including trading, asset management, principal investments, and advisory services. Galaxy Digital aims to bridge the gap between the traditional financial system and the emerging digital economy, leveraging its expertise to offer innovative solutions and strategic insights to its clients. The company is known for its deep industry knowledge and commitment to advancing the adoption and integration of digital assets into the broader financial 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