Proof of Usefulness Report

Glassnode

Analysis completed on 1/22/2026

+684
Proof of Usefulness Score
Category Standard

Glassnode is a verified market leader in on-chain crypto analytics with an estimated $25M annual revenue and significant institutional adoption, placing it well above the 'Comparable scale' benchmark of HackerNoon. However, the specific submission provided was of extremely low quality, containing hyperbolic claims ('most people have used my product') and missing data. Consequently, the score reflects the high real-world value of the 'Glassnode' entity, heavily penalized by Quality Factors for the lazy submission.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+128.0
Technical Innovation+135.0
Evidence Of Traction+180.0
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+760.5
Usefulness Multiplierx0.9
Final Score+684

Project Details

Project URL
glassnode.com
Description
Glassnode is a blockchain data and intelligence provider that offers on-chain market insights and activity metrics. Through its platform, Glassnode provides comprehensive data analytics and tools for understanding blockchain networks, primarily focusing on Bitcoin and other major cryptocurrencies. The company delivers a range of services including market indicators, advanced charts, and data-driven insights to help investors, traders, and researchers make informed decisions. By leveraging real-time data and historical trends, Glassnode aims to enhance transparency and understanding within the cryptocurrency 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