Proof of Usefulness Report

MengX

Analysis completed on 2/26/2026

+7
Proof of Usefulness Score
You're In Business

The submission for MengX presents significant credibility challenges. While it outlines a service agency model focusing on Blockchain, AI, and Metaverse technologies, the claims regarding audience reach ('most people have used my product') are demonstrably false for a six-person team with a stated $500k market cap. The description is heavy on buzzwords without specific details on proprietary technology or a cohesive product. The project appears to be an early-stage service provider or token project with minimal verifiable traction, placing it in the lowest tier of the evaluation scale.

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Score Breakdown

Real World Utility+2.5
Audience Reach Impact+1.0
Technical Innovation+1.5
Evidence Of Traction+1.25
Market Timing Relevance+1.8
Functional Completeness+0.25
Subtotal+8.3
Usefulness Multiplierx0.86
Final Score+7

Project Details

Project URL
mengx.co
Description
MengX is a blockchain and AI company that has recognized the cascading failure in the reliability of online content and the imbalance associated with the current modus operandi of traditional digital engines. The company is passionate about extending the creativity of the Metaverse | NFTs to the people and helping them transcend their careers, businesses, and events into the virtual world built on immutable blockchain technology. We are in place to unveil the amiable synergy between digital engines algorithm and online content management powered by Web3 towards the appreciation of the metaverse. We are not only here to aid content marketers and developers but for everyone who believes in the Metaverse’s innovative offerings and is getting ready to transcend into the 3D virtual reality space among many others. We offer a comprehensive range of cutting-edge solutions to meet your business needs. --- **Our Technology Development Services** Full-Stack Application Development Blockchain Development Custom Smart Contract Development DApp Development React Native Mobile Solutions Data Automation and Integration UI/UX Design & Prototyping Metaverse Solutions AI & Machine Learning Integration IoT and Smart Solutions DevOps & Cloud Solutions Web3 Solutions & Wallet Integration Cybersecurity & Compliance Decentralized Governance Solutions Hybrid Chain Solutions Token-Based Economies Accelerator & Innovation Programs Compliance and Regulatory Solutions

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