Proof of Usefulness Report

Solscan

Analysis completed on 1/30/2026

+718
Proof of Usefulness Score
Category Standard

Solscan is the dominant block explorer and analytics platform for the Solana ecosystem, providing critical infrastructure for millions of users. While the submission itself was sparse and lacked specific metrics ('most people have used my product'), the project's real-world utility and market penetration are verifiable and exceptional. The domain (solscan.io) and email domain validate the project's legitimacy. The score reflects a top-tier established platform, slightly penalized for the low-effort submission which necessitated external verification of traction.

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+237.5
Audience Reach Impact+190.0
Technical Innovation+127.5
Evidence Of Traction+190.0
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+845
Usefulness Multiplierx0.85
Final Score+718

Project Details

Project URL
solscan.io
Description
Solscan is a blockchain analytics platform that specializes in providing comprehensive data and insights for the Solana blockchain. Through its user-friendly interface, Solscan offers a range of tools and features that allow users to explore and analyze transactions, monitor network activity, and gain valuable insights into the Solana ecosystem. The platform is designed to cater to developers, investors, and enthusiasts who are interested in tracking the performance and activities on the Solana network. With its commitment to transparency and accessibility, Solscan aims to enhance the user experience by delivering accurate and up-to-date blockchain data.

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