Proof of Usefulness Report

PureStake

Analysis completed on 1/28/2026

+486
Proof of Usefulness Score
Industry Mainstay

PureStake (Moonbeam) is a well-established blockchain infrastructure project with verified funding (~$7.4M), significant team size (~30), and real-world utility in the Polkadot ecosystem. However, the submission quality is critically low, featuring clearly false hyperboles (e.g., 'most people have used my product', 'audience: everyone') and irrelevant tags. The score acknowledges the high intrinsic value and traction of the underlying project, but applies severe penalties to the Reach, Traction, and Response Quality metrics due to the unreliable and unprofessional submission data.

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+212.5
Audience Reach Impact+60.0
Technical Innovation+120.0
Evidence Of Traction+87.5
Market Timing Relevance+70.0
Functional Completeness+2.5
Subtotal+552.5
Usefulness Multiplierx0.88
Final Score+486

Project Details

Project URL
Description
PureStake builds infrastructure and developer platforms in the blockchain and crypto space. We currently are building Moonbeam, an Ethereum compatible platform, on the Polkadot network. Visit the Moonbeam website at: https://moonbeam.network/

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