Proof of Usefulness Report

Lossless

Analysis completed on 1/25/2026

+279
Proof of Usefulness Score
Gaining Momentum

The project 'Lossless' is a verified DeFi security protocol (token: $LSS) founded in 2021 that mitigates hacks through on-chain fraud identification and freezing. While the project itself has established genuine utility and a market capitalization in the millions (verifying 'Small but promising' to 'Comparable' scale), the submission provided is of extremely low quality. It contains hyperbolic and demonstrably false claims (e.g., 'most people have used my product', 'audience reach: everyone') and lacks specific technical detail. Consequently, the score reflects the project's verified potential and market position, but is significantly penalized by the lack of credible evidence and the poor quality of the response.

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Score Breakdown

Real World Utility+100.0
Audience Reach Impact+15.0
Technical Innovation+84.0
Evidence Of Traction+25.0
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+306.5
Usefulness Multiplierx0.91
Final Score+279

Project Details

Project URL
Description
Losslessis in the Blockchain Infrastructure 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