Proof of Usefulness Report

ProAK

Analysis completed on 2/21/2026

+2
Proof of Usefulness Score
You're In Business

The project appears to be inactive or abandoned, with documentation last updated over 3 years ago. The submission contains significant errors and hallucinations, including the 'Oil & Energy' tag (likely confused with the Proak Hydroelectric Project) and demonstrably false claims of traction ('most people have used my product'). The market cap figure provided in the revenue field further indicates a lack of credible data.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+0.75
Evidence Of Traction+0.00
Market Timing Relevance+0.00
Functional Completeness+0.00
Subtotal+2
Usefulness Multiplierx1.0
Final Score+2

Project Details

Project URL
proak.io
Description
ProAK is the leading provider of secure and reliable open-source blockchain oracle solutions for dynamic NFTs by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more.

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