Proof of Usefulness Report

RootstockLabs

Analysis completed on 1/29/2026

+491
Proof of Usefulness Score
Industry Mainstay

RootstockLabs drives Rootstock (RSK), the longest-running Bitcoin sidechain. The project demonstrates high real-world utility and technical innovation, securing ~$235M TVL and partnerships with institutional players (e.g., Animoca Brands). However, the submission quality is critically poor, featuring demonstrably false claims (Reach: 'everyone', Traction: 'most people') and lazy data entry. The evaluation reflects the project's verified legitimacy and high value, heavily penalized by the low quality and inaccuracy of the submission claims.

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+17.0
Audience Reach Impact+3.0
Technical Innovation+13.5
Evidence Of Traction+11.25
Market Timing Relevance+9.5
Functional Completeness+0.25
Subtotal+545
Usefulness Multiplierx0.90
Final Score+491

Project Details

Project URL
Description
**RootstockLabs is a key contributor to Rootstock, the first, biggest, and longest-lasting Bitcoin sidechain.**  **RootstockLabs specializes in pioneering innovative solutions within the blockchain space, empowering developers with funding, technology, and marketing support to expand the frontiers of decentralized technology and make Bitcoin work for everyone!**

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