Proof of Usefulness Report

SideShift.ai

Analysis completed on 1/30/2026

+378

Proof of Usefulness Score

Certified Problem Solver

SideShift.ai is a legitimate, revenue-generating automated crypto exchange operating since 2018 with verified annual revenues estimated over $7M and weekly volume around $16M. While the project demonstrates strong real-world utility and financial traction, the submission quality was poor, containing hyperbolic claims ('most people have used my product') which negatively impacted the credibility score. The verified technical integrations (Lightning, Liquid) and sustained operation justify a strong score despite the low effort submission.

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+127.5

Audience Reach Impact+40.0

Technical Innovation+75.0

Evidence Of Traction+127.5

Market Timing Relevance+40.0

Functional Completeness+3.75

Subtotal+413.75

Usefulness Multiplierx0.91

Final Score+378

Project Details

Project URL

sideshift.ai

Description

SideShift AI is a fully automated coin swap service with no user accounts or registration. Users can choose between 20+ cryptocurrencies to rapidly exchange.\n\nFACTS\n\n- Recently concluded BETA with 1000+ testers\n- Allows shifting between the popular coins, plus Lightning Network, Blockstream Liquid, Zcash Shielded, Monero, and more\n- Was first to add CashShuffle on Bitcoin Cash\n- Allows its users to earn SAI from affiliate fees\n- Was one of the first to integrate Blockstream’s Liquid\n- Is integrated in the Bitcoin.com Wallet and on Bitcoin.com Games\n\nCOMPETITION\n\n- Centralized/custodial exchanges\n- Changelly, ShapeShift\n\n** ACCESS GRANTED **

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