Proof of Usefulness Report

KYVE

Analysis completed on 1/24/2026

+261
Proof of Usefulness Score
Gaining Momentum

KYVE Network is a legitimate Web3 infrastructure project with a live mainnet (launched March 2023) and significant backing ($13M+ raised). However, the submission itself is of extremely low quality, containing false traction claims ('most people have used my product') and vague descriptions. While the technology solves a genuine problem in decentralized data validation (Real-World Utility), the project currently suffers from low market capitalization (~$2.6M) and stalled adoption momentum relative to its funding. The score reflects the project's technical validity heavily penalized by the poor submission quality and lack of verifiable growth signals.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+40.0
Technical Innovation+52.5
Evidence Of Traction+50.0
Market Timing Relevance+70.0
Functional Completeness+2.5
Subtotal+290
Usefulness Multiplierx0.90
Final Score+261

Project Details

Project URL
Description
The decentralized data validation layer, making data a trustless public good.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Technology choices support scalability goals

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