Proof of Usefulness Report

SYNCFAB

Analysis completed on 1/31/2026

+35
Proof of Usefulness Score
You're In Business

Project is a legitimate 2013-era supply chain blockchain entity (SyncFab) with verifiable but niche history (Lockheed Martin partnership, CESMII membership). However, the submission quality is critically poor, containing demonstrably false claims ('most people have used my product', audience is 'everyone'). Actual traction is minimal (low token market cap, negligible visible revenue) compared to the 'everyone' claim. The disconnect between the B2B reality and the exaggerated submission severely impacts the score.

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Score Breakdown

Real World Utility+16.25
Audience Reach Impact+0.50
Technical Innovation+7.50
Evidence Of Traction+2.50
Market Timing Relevance+5.00
Functional Completeness+0.50
Subtotal+32.25
Usefulness Multiplierx1.1
Final Score+35

Project Details

Project URL
syncfab.com
Description
SyncFab is a decentralized buyer- to-manufacturer platform aggregating orders matching requirements to capabilities on the Smart Manufacturing Blockchain Supply Chain utilizing our Smart Contracts to streamline procurement processes with a world first MFG Token.\n\nSyncFab built a manufacturing procurement platform linking Advanced Manufacturing capacity to Brand Supply Chain Buyers. SyncFab was developed in response to an economic development challenge shared by San Leandro City as part of the San Francisco Mayor's Office of Civic Innovation Startup-in-Residence Program 2016. The industry solution identifies idle precision component production capacity and makes it available to buyers with a suite of simple and easy to use supply chain management tools.\n\nSyncFab was also recognized as member of the White House-appointed \u0026 Department of Energy sponsored Clean Energy Smart Manufacturing Innovation Initiative within the Department of Commerce's National Network of Manufacturing Innovation.

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