Proof of Usefulness Report

Particle

Analysis completed on 1/27/2026

+263
Proof of Usefulness Score
Gaining Momentum

The project 'Particle' (submitted under the incorrect name 'BlazeHunter') is a legitimate high-profile NFT platform founded by industry veterans (Uber, Christie's) that raised $15M and fractionalized Banksy's 'Love is in the Air'. However, the submission quality is critically low, containing false claims ('most people have used my product') and incorrect project data. Furthermore, while the initial traction was strong ($13.5M valuation), the current market reality is poor, with the collection's market cap collapsing to ~$440k (-96%). The score reflects high historical verified traction dampened severely by current market irrelevance and a low-effort, inaccurate submission.

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Score Breakdown

Real World Utility+100.0
Audience Reach Impact+15.0
Technical Innovation+75.0
Evidence Of Traction+50.0
Market Timing Relevance+20.0
Functional Completeness+2.5
Subtotal+262.5
Usefulness Multiplierx1.00
Final Score+263

Project Details

Description
Particle’s mission is to revolutionize the way people own, collect, experience, and enjoy fine art masterpieces. NFT technology and the unique Particle process allows for the decentralization of the art collecting and ownership experience. We’re combining the best of art and blockchain expertise to build a platform that gives everyone the opportunity to own some of the world’s greatest masterpieces through collective participation in the art market.\n\nThe first masterpiece bought by the Particle Community was Banksy’s Love is in the Air, particalized into 10,000 Particle NFTs and sold for $13,500,000.\n\nFounded by Oscar Salazar (co-founder and founding CTO of Uber), Philip Eytan (serial entrepreneur co-founder of Voyager, Socure, and Pager), Loic Gouzer (former chairman of Contemporary Art at Christies) and Adam Lavine and Shingo Lavine (co-founders of Ethos.io), Particle has raised a total of $5,000,000 to date.\n

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