Proof of Usefulness Report

Synapse

Analysis completed on 1/31/2026

+12
Proof of Usefulness Score
You're In Business

The submission represents 'Synapse Network' (synapse.network), a cross-chain launchpad and investment ecosystem, often confused with the larger 'Synapse Protocol' (bridge). The project is legitimate but currently exhibits low traction (micro-cap, low volume) and is far past its 2021 peak. The submission itself is of extremely poor quality, containing demonstrable falsehoods (claiming 'most people' have used it and listing 'space-technology' as a tech stack) and failing to provide verifiable metrics. The 'Proof' provided is negligible, and the project's actual utility is currently niche and stagnant.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+10
Technical Innovation+30
Evidence Of Traction+10
Market Timing Relevance+20
Functional Completeness+0
Subtotal+10.5
Usefulness Multiplierx1.14
Final Score+12

Project Details

Project URL
synapse.network
Description
Synapse is a company that operates within the blockchain and decentralized finance (DeFi) space, as suggested by its domain, synapse.network. The company focuses on creating a comprehensive ecosystem that connects traditional finance with the blockchain world. Synapse aims to facilitate seamless cross-chain transactions and interoperability, enabling users to access a wide range of financial services and products across different blockchain networks. By leveraging innovative technology and strategic partnerships, Synapse seeks to enhance the efficiency, security, and accessibility of financial operations in the decentralized economy.

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