Proof of Usefulness Report

Polymer Labs

Analysis completed on 1/28/2026

+515
Proof of Usefulness Score
Industry Mainstay

Polymer Labs is a verified, high-potential infrastructure project having raised over $26M in Series A funding from top-tier investors like Blockchain Capital and Coinbase Ventures. While the project addresses a critical industry need (inter-blockchain communication via IBC), the submission itself was of poor quality, containing inaccurate placeholders (e.g., claiming 'most people' use the product). The high score reflects the objective value of the technology and capital backing, severely penalized by the lack of current live user adoption and the low-effort submission.

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Score Breakdown

Real World Utility+20.00
Audience Reach Impact+4.00
Technical Innovation+16.20
Evidence Of Traction+16.25
Market Timing Relevance+9.00
Functional Completeness+0.25
Subtotal65.70 (Scaled to 657/1000)
Usefulness Multiplierx0.78
Final Score+515

Project Details

Project URL
Description
Polymer Labs is on a mission to build the connective tissue of web3. We're building a universal IBC (inter-blockchain communication) router to connect all chains. Polymer Labs is putting together a world class team to work on core IBC infrastructure. We’re looking for talented technologists who are passionate about paving the way to a chain agnostic future. \n\nPolymer Labs is a Series A startup with $26M+ in funding and backed by 20+ VCs and Founders including Blockchain Capital, Blockchange, Distributed Global, Digital Currency Group, Advanced Blockchain AG, The Lao, Tendermint and Coinbase Ventures. The team is fully distributed.

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