Proof of Usefulness Report

Prime Trust

Analysis completed on 1/28/2026

-11
Proof of Usefulness Score
Lab Mode

The project 'Prime Trust' refers to a crypto custodian that filed for Chapter 11 bankruptcy in August 2023 and is currently in liquidation (wind-down effective Jan 2024). The submission contains demonstrably false claims, such as 'most people have used my product' and an audience reach of 'everyone,' which contradict the B2B nature of the former business and its current defunct status. The real-world utility is effectively zero or negative due to the cessation of services and loss of customer funds. The submission appears to be low-effort or automated, ignoring the critical context of the company's collapse.

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Score Breakdown

Real World Utility+0.0
Audience Reach Impact+0.0
Technical Innovation+1.5
Evidence Of Traction-12.5
Market Timing Relevance+0.0
Functional Completeness+0.25
Subtotal-10.75
Usefulness Multiplierx1.02
Final Score-11

Project Details

Project URL
primetrust.com
Description
Prime Trust is a financial technology company that specializes in providing infrastructure solutions for the digital economy. Operating through its domain primetrust.com, the company offers a range of services including custody, escrow, and compliance solutions tailored for digital assets and securities. Prime Trust is known for its robust API-driven platform that enables businesses to seamlessly integrate financial services into their operations, ensuring secure and efficient management of digital transactions. The company serves a diverse clientele, including fintech companies, exchanges, and other financial institutions, helping them navigate the complexities of the digital asset landscape with innovative and compliant solutions.

Algorithm Insights

Market Position
Early stage requiring focused development
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