Proof of Usefulness Report

StorX

Analysis completed on 1/30/2026

+217
Proof of Usefulness Score
Gaining Momentum

StorX Network is a legitimate decentralized cloud storage project on the XDC blockchain with verified traction (~117k users, 4k+ nodes) and a live token (SRX). However, the submission itself was of extremely low quality, containing false claims ('most people have used my product') and missing data. The score reflects the project's actual 'Small but promising' status (100k-1M users tier) while penalizing the poor response quality.

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Score Breakdown

Real World Utility+85.0
Audience Reach Impact+24.0
Technical Innovation+45.0
Evidence Of Traction+37.5
Market Timing Relevance+36.0
Functional Completeness+1.25
Subtotal+228.75
Usefulness Multiplierx0.95
Final Score+217

Project Details

Project URL
Description
StorXis in the Enterprise Storage 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