Proof of Usefulness Report

Source Protocol

Analysis completed on 1/30/2026

+23
Proof of Usefulness Score
You're In Business

Source Protocol is a legitimate but micro-cap Layer 1 blockchain built on the Cosmos SDK, currently ranking ~6000 by market capitalization (~$200k). The project submission is of extremely low quality, containing demonstrably false claims (e.g., claiming 'most people have used my product' despite negligible transaction volume). While the underlying technology (Cosmos SDK) is functional, the project lacks differentiation in a crowded market and shows minimal meaningful traction or liquidity.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+5
Technical Innovation+35
Evidence Of Traction+10
Market Timing Relevance+20
Functional Completeness+10
Subtotal+19.25
Usefulness Multiplierx1.18
Final Score+23

Project Details

Description
Source Protocolis in the Blockchain Infrastructure Industry

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