Proof of Usefulness Report

Rarible

Analysis completed on 1/28/2026

+582
Proof of Usefulness Score
Industry Mainstay

Rarible is a well-established, high-revenue NFT marketplace with significant historical traction ($17M+ annual revenue, ~400k monthly visitors) and a large team (~130 employees). The project's real-world utility and technical infrastructure are robust. However, the submission itself was of extremely low quality, containing vague claims ('everyone', 'most people'), falsehoods ('space-technology'), and lazy data entry ('marketcap: null'). While the entity itself belongs in the highest tier of established crypto projects (justifying a high baseline), the score is heavily penalized by the poor response quality and lack of substantiated evidence in the submission.

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Score Breakdown

Real World Utility+72.0
Audience Reach Impact+51.0
Technical Innovation+68.0
Evidence Of Traction+66.5
Market Timing Relevance+60.0
Functional Completeness+5.0
Subtotal+61.3
Usefulness Multiplierx0.95
Final Score+582

Project Details

Project URL
rarible.com
Description
Rarible is a leading decentralized marketplace for non-fungible tokens (NFTs), operating on the Ethereum blockchain. The platform allows users to create, buy, and sell digital collectibles and art in a secure and transparent manner. Rarible empowers artists and creators by providing them with the tools to mint their own NFTs without needing extensive technical knowledge. The company is known for its community-driven approach, offering a governance token, RARI, which enables users to participate in decision-making processes regarding platform upgrades and policies. Rarible aims to democratize the NFT space by fostering an open and inclusive environment for digital creators and collectors worldwide.

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