Proof of Usefulness Report

PolySwarm

Analysis completed on 1/28/2026

+508
Proof of Usefulness Score
Industry Mainstay

PolySwarm is a legitimate, established decentralized threat intelligence marketplace (founded ~2017) with verifiable industry partnerships (Microsoft, CrowdStrike, SentinelOne) and a publicly traded token (NCT) with a ~$17M market cap. However, the submission quality is exceptionally poor, containing patently false claims (e.g., 'most people have used my product', audience is 'everyone') and lacking specific data. The score reflects the project's strong technical utility and confirmed market position, heavily penalized by the lack of credible evidence provided in the submission itself.

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Score Breakdown

Real World Utility+200.0
Audience Reach Impact+20.0
Technical Innovation+127.5
Evidence Of Traction+100.0
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+535
Usefulness Multiplierx0.95
Final Score+508

Project Details

Project URL
Description
PolySwarm is a cybersecurity company that operates a decentralized threat intelligence marketplace. Through its platform, PolySwarm leverages blockchain technology to connect security experts and enterprises, enabling them to collaborate and share threat intelligence in real-time. The company aims to improve the detection and mitigation of cyber threats by incentivizing security experts to develop and share innovative solutions. By utilizing a decentralized approach, PolySwarm enhances the accuracy and efficiency of threat detection, providing a more robust defense against emerging cyber threats.

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