Proof of Usefulness Report

Portal

Analysis completed on 1/28/2026

+482
Proof of Usefulness Score
Industry Mainstay

Portal is a legitimate, well-funded Bitcoin DeFi infrastructure project with verified backing from Coinbase Ventures and others (~$12.5M+ confirmed funding). The project addresses a high-utility problem (atomic swaps/bridgeless interoperability) with significant technical innovation. However, the submission itself is of extremely low quality, featuring copy-pasted, hyperbolic claims ('most people have used my product') and missing data. The score reflects the project's high external potential and funding status, heavily penalized by the poor response quality and lack of verifiable user metrics in the submission.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+2.00
Technical Innovation+15.30
Evidence Of Traction+10.00
Market Timing Relevance+9.00
Functional Completeness+0.25
Subtotal+553
Usefulness Multiplierx0.87
Final Score+482

Project Details

Project URL
Description
Portal is building Defi and other censorship resistant layers on Bitcoin\nExpands atomic cross chain transactions between Bitcoin, layered assets and other blockchains\nExceptionally technical team with experience at Bitpay, Blockstream, IBM-Almaden Research Center, Casper Labs, Intel and others\nRaised [$12.5M] from Coinbase ventures, Republic labs, Arrington XRP ventures, and many prominent crypto entrepreneurs including the co-founder of Tether, Dfinity and others\n

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