Proof of Usefulness Report

Nord Finance

Analysis completed on 1/26/2026

+5
Proof of Usefulness Score
You're In Business

The project 'Nord Finance' appears to be a dormant or 'zombie' DeFi project that has lost over 99.9% of its value since 2021, with a current market cap of ~$25k and negligible daily trading volume (<$10). The submission itself contains demonstrably false claims (e.g., 'most people have used my product') and low-effort data (e.g., 'technologies: leadership'). While the software historically existed, it currently lacks real-world utility, active users, or market relevance.

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+10
Audience Reach Impact+0
Technical Innovation+10
Evidence Of Traction+0
Market Timing Relevance+5
Functional Completeness+0
Subtotal+4.5
Usefulness Multiplierx1.1
Final Score+5

Project Details

Project URL
Description
Nord Finance is an advanced decentralized financial ecosystem designed to simplify DeFi investing by bringing key features of traditional finance to the DeFi ecosystem. Designed as a block-chain agnostic platform with multi-chain interoperability, our aim is to offer users easy access to a plethora of financial products including, but not limited to, yield-farming aggregation, funds management, robo-advisory and loans against assets

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