Proof of Usefulness Report

Standard Labs

Analysis completed on 1/30/2026

+4
Proof of Usefulness Score
You're In Business

The submission contains verifiable red flags, including a non-functional or unindexed URL (standardweb3.com) and demonstrably false claims regarding traction ('most people have used my product'). While the project name suggests a link to the existing 'Standard Protocol' (Polkadot ecosystem), the submission quality provides no verifiable evidence of connection or utility. The response is vague, lacks data, and relies on hyperbolic statements.

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+1.25
Audience Reach Impact+0.0
Technical Innovation+0.75
Evidence Of Traction+0.0
Market Timing Relevance+1.0
Functional Completeness+0.25
Subtotal+3.25
Usefulness Multiplierx1.15
Final Score+4

Project Details

Project URL
Description
Standard labs is the builder of Standard Protocol, a self-sovereign web3.0 protocol for internet of money.

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