Proof of Usefulness Report

Geeq

Analysis completed on 2/20/2026

+28
Proof of Usefulness Score
You're In Business

The project 'Geeq' appears to be a legitimate but struggling blockchain initiative founded in 2017 with academic backing and patented 'Proof of Honesty' technology. However, the submission contains significant exaggerations (claiming 'most people' use it and a team of 125, while verifiable data suggests a team of ~18 and a micro-cap valuation of ~$0.6M after a ~99% decline from ATH). Despite raising ~$25M historically, current traction is minimal, and the submission's lack of professionalism heavily impacts the score.

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Score Breakdown

Real World Utility+45
Real World Utility Quality Factor+0.5
Audience Reach Impact+10
Audience Reach Impact Quality Factor+0.5
Technical Innovation+70
Technical Innovation Quality Factor+1
Evidence Of Traction+30
Evidence Of Traction Quality Factor+0.5
Market Timing Relevance+30
Market Timing Relevance Quality Factor+1
Functional Completeness+10
Response Quality Quality Factor+0.5
Subtotal+29.75
Usefulness Multiplierx0.94
Final Score+28

Project Details

Project URL
geeq.io
Description
Geeq is a distributed value ecosystem that is secure enough for critical data, affordable and scalable enough for IoT, and flexible enough for a wide array of applications at home, at work and at play. A highly customizable decentralized networking solution with the speed, scalability, security and cost effectiveness to work for everyone. Built on an entirely new protocol, it radically reduces the cost of securely transacting value at scale.

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