Proof of Usefulness Report

Hashgreen

Analysis completed on 1/23/2026

+21
Proof of Usefulness Score
You're In Business

Hashgreen is a verifiable Decentralized Exchange (DEX) on the Chia blockchain, launched in 2021. However, the submission contains hyperbolic and demonstrably false claims regarding traction (e.g., 'most people have used my product' and audience reach of 'everyone'). External verification shows the Chia DeFi ecosystem has very low daily volume (<$2k), and Hashgreen faces strong competition from other DEXs like Dexie. The technical implementation on Chialisp suggests some innovation, but the poor response quality, lack of verifiable data, and potential red flags regarding project activity significantly lower the score.

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Score Breakdown

Real World Utility+7.5
Audience Reach Impact+1.0
Technical Innovation+6.0
Evidence Of Traction+3.125
Market Timing Relevance+2.0
Functional Completeness+0.25
Subtotal+19.875
Usefulness Multiplierx1.06
Final Score+21

Project Details

Project URL
Description
Hashgreenis in the Cryptocurrencies Industry

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