Proof of Usefulness Report

Gnosis

Analysis completed on 1/22/2026

+575
Proof of Usefulness Score
Industry Mainstay

Gnosis is a foundational pillar of the Ethereum ecosystem, with Gnosis Safe (now Safe) securing billions in assets and Gnosis Chain providing essential scaling infrastructure. While the submission text itself was low-effort (hyperbolic claims like 'most people have used my product'), the verifiable on-chain metrics, market capitalization (~$348M), and historical longevity (since 2015) confirm it as a high-utility, established project. The score reflects its massive scale and technical legitimacy, penalized slightly for the poor quality of the written submission.

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Score Breakdown

Real World Utility+147.0
Audience Reach Impact+102.0
Technical Innovation+142.5
Evidence Of Traction+110.4
Market Timing Relevance+88.0
Functional Completeness+15.0
Subtotal+604.9
Usefulness Multiplierx0.95
Final Score+575

Project Details

Project URL
Description
In November 2021, both the xDAI and GnosisDAO community voted to combine their vibrant ecosystems to create the Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering. Gnosis Chain is the associated execution-layer EVM chain for stable transactions. It uses the xDai token and includes a wide-ranging group of projects and users.\n\nThe Gnosis mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When Gnosis was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information. While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. Gnosis Safe, for example, was born of necessity. \n\nAs a DAO, Gnosis uses the products that it creates to transparently guide decisions on the development, support, and governance of its ecosystem. \n\nGnosis Safe (multisig and programmable account), Cow Protocol (formerly CowSwap and Gnosis Protocol), Conditional Tokens (prediction markets), Gnosis Auction, and Zodiac (standard and tooling for composable DAOs) are all products incubated by Gnosis. Their success can be attributed to the recent spin-out of Cow Protocol and the formation of SafeDAO. By combining needs-driven development with deep technical expertise, Gnosis has built the decentralized infrastructure for the Ethereum ecosystem. \n\n

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