Proof of Usefulness Report

Jsgenesis

Analysis completed on 1/24/2026

+142
Proof of Usefulness Score
Gaining Momentum

Jsgenesis is the development company behind Joystream, a verified blockchain video platform. While the technology is innovative and the problem of decentralized media is relevant, the submission is extremely poor, featuring hallucinated traction claims ('most people have used my product') and 'null' financial data. Actual traction is minimal (market cap <$250k, low active user base) compared to the 'everyone' reach claimed. The score credits the legitimate technical build but heavily penalizes the lack of verifiable adoption and the low-effort, inaccurate submission.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+62.5
Audience Reach Impact+5.0
Technical Innovation+56.25
Evidence Of Traction+6.25
Market Timing Relevance+22.5
Functional Completeness+1.25
Subtotal+153.75
Usefulness Multiplierx0.92
Final Score+141

Project Details

Project URL
Description
Jsgenesis is the company building and launching the Joystream.org platform until it's ready to govern itself.

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