Proof of Usefulness Report

MakersPlace

Analysis completed on 1/25/2026

+381
Proof of Usefulness Score
Certified Problem Solver

MakersPlace is a verified, established NFT marketplace with significant historical traction, including over $100M in sales and the historic Beeple/Christie's partnership. While the platform has proven real-world utility and strong VC backing (Pantera, Bessemer), the specific project submission provided was low-quality, containing hyperbolic claims ('audienceReach: everyone') and lazy inputs. The score reflects the platform's legitimate scale and capitalization, balanced against the current NFT market downturn and the poor quality of the user's responses.

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Score Breakdown

Real World Utility+102.0
Audience Reach Impact+77.0
Technical Innovation+60.0
Evidence Of Traction+99.0
Market Timing Relevance+20.0
Functional Completeness+5.0
Subtotal+363
Usefulness Multiplierx1.05
Final Score+381

Project Details

Project URL
makersplace.com
Description
MakersPlace is the premier marketplace to discover and collect digital art.\n\nThousands of artists and collectors today use MakersPlace to create, sell and discover artworks by the world's best digital artists. Using NFT technology, MakersPlace offers a secure and trusted platform and has enabled $100M+ in digital art sales, including the sale of a $69M digital artwork in partnership with Beeple and Christie's.\n\nMakersPlace was founded by seasoned product, growth and engineering leaders, and funded by top-tier venture capital funds and angels in Silicon Valley. Our founding team consists of early Pinterest engineers and ex-YC founders.

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