Proof of Usefulness Report

Shiba Inu Official

Analysis completed on 1/24/2026

+616
Proof of Usefulness Score
Category Standard

The project represents 'Shiba Inu' (SHIB), a massive, established cryptocurrency ecosystem with verifiable multi-billion dollar capitalization and millions of holders. While the external reality of the project warrants a high score due to immense audience reach and traction, the specific submission provided is of extremely low quality. It contains typos (market cap stated as 17M vs real ~10B+), hyperbolic claims ('most people have used my product'), and lacks specific technical details. The score reflects the project's high market status (Top 20 Crypto) adjusted downward by the poor response quality and lack of documented innovation in the submission.

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Score Breakdown

Real World Utility+162.5
Audience Reach Impact+190.0
Technical Innovation+30.0
Evidence Of Traction+225.0
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+670
Usefulness Multiplierx0.92
Final Score+616

Project Details

Project URL
shibatoken.com
Description
SHIB aims at building the world’s first Dex Fund: transforming the way how staking and investment are done, with 100% auditable code and, eventually, automated multi-strategy selection for maximum yield at minimum risk. We are the first community that supports their investors by giving them a tool to grow their personal assets. Our cryptocurrency movement has been growing on multiple platforms such as Twitter, Reddit, Telegram and Discord. Our team consists of many experts in both the blockchain technology and digital business development fields. Our primary goal is to provide YOU with solutions to all the kinds of transactions you can make in the crypto space. We are working diligently to create the best experience in instantaneous transactions for our community. The diverse Shib team is working everyday on the different aspects required to ensure we meet our goals and provide our community a project they can be proud of.

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