Proof of Usefulness Report

Tokocrypto

Analysis completed on 1/31/2026

+562
Proof of Usefulness Score
Industry Mainstay

The project 'Tokocrypto' is a recognized, major cryptocurrency exchange in Indonesia with significant real-world utility and traction (acquired by Binance). However, the submission itself is of very low quality, citing an incorrect or inactive domain ('tokoscape.com') and providing hyperbolic, unverifiable claims ('most people have used my product'). While the entity itself warrants a high score based on external verification of its market position, the score is penalized due to the lack of direct evidence and professionalism in the submission.

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Score Breakdown

Real World Utility+180.0
Audience Reach Impact+119.0
Technical Innovation+97.5
Evidence Of Traction+112.5
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+591.5
Usefulness Multiplierx0.95
Final Score+562

Project Details

Project URL
Description
Tokocrypto is a leading cryptocurrency exchange platform based in Indonesia, known for its user-friendly interface and robust security features. The company provides a comprehensive suite of services for buying, selling, and trading a wide range of cryptocurrencies. Tokocrypto is committed to fostering the growth of the blockchain ecosystem in Indonesia and offers educational resources and community engagement initiatives to promote cryptocurrency adoption. With a focus on transparency and innovation, Tokocrypto aims to empower users with the tools and knowledge needed to navigate the digital asset landscape effectively. The company operates under the domain tokoscape.com, which serves as a gateway to its diverse offerings and services.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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