Proof of Usefulness Report

Prysm

Analysis completed on 1/28/2026

+12
Proof of Usefulness Score
You're In Business

The submission appears to conflate two distinct entities: a Web3 DAO platform (Prysm.xyz) and a legacy visual collaboration company (Prysm.com). The launch date (2005) and business type match the latter, while the description matches the former. Critical data fields contain highly dubious or false claims (e.g., 'most people have used my product', 'space-technology'). Due to the contradictory information, false traction claims, and lack of verifiable current activity for the Web3 project, the Proof of Usefulness is negligible.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+5.0
Audience Reach Impact+0.5
Technical Innovation+1.5
Evidence Of Traction+0.0
Market Timing Relevance+1.0
Functional Completeness+0.25
Subtotal+8.25
Usefulness Multiplierx1.12
Final Score+9

Project Details

Project URL
prysm.xyz
Description
Prysm is a Web3 financial platform for communities. Thousands of groups - from the world's largest NFT communities to ambitious mission focused DAOs use Prysm to raise funds, utilize their capital, and extract value from these investments for their missions. We are building a world where superior access, knowledge and investment products are not limited to the 1%. \n\nOur mission is to enable safe, fun, and inexpensive group ownership for everyone and in doing so, bring in the next generation of crypto users to the space. We have a staggering amount of work ahead which means you have an unprecedented opportunity to put the global economy within everyone’s reach while moving the entire Web3 space forward.

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