Proof of Usefulness Report

Renegade

Analysis completed on 2/16/2026

+67
Proof of Usefulness Score
You're In Business

Renegade is a legitimate, high-potential project backed by top-tier investors (Dragonfly, Naval Ravikant) with $3.4M in seed funding, solving a critical DeFi problem (MEV protection) using advanced MPC and ZK cryptography. However, the submission quality is abysmal, containing hyperbolic falsehoods ('most people have used my product', 'everyone') and lacking specific technical details. While the technology and market timing are excellent, the score is heavily penalized by the lack of verifiable user traction and the poor quality of the application.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+2.00
Technical Innovation+13.50
Evidence Of Traction+10.50
Market Timing Relevance+9.00
Functional Completeness+0.25
Subtotal+56.5
Usefulness Multiplierx1.18
Final Score+67

Project Details

Project URL
Description
On-chain dark pool. MPC for anonymous crosses at midpoint prices.

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