Proof of Usefulness Report

Trust Wallet

Analysis completed on 2/1/2026

+476
Proof of Usefulness Score
Industry Mainstay

Trust Wallet is a market-leading non-custodial cryptocurrency wallet with verifiable unicorn-status metrics (200M+ downloads, ~$84M annual revenue, 17M+ MAU). While the submission itself was extremely low quality (containing vague claims like 'most people have used my product' and missing data), the project's actual real-world utility, massive audience reach, and established dominance in the Web3 sector are undeniable. The score reflects the project's high verified value (scaling into the 400-700 range) while applying penalties for the lack of effort in the submission materials.

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Score Breakdown

Real World Utility+118.75
Audience Reach Impact+100.0
Technical Innovation+63.75
Evidence Of Traction+125.0
Market Timing Relevance+45.0
Functional Completeness+1.25
Subtotal+453.75
Usefulness Multiplierx1.05
Final Score+476

Project Details

Project URL
trustwallet.com
Description
Trust Wallet is a leading cryptocurrency wallet company that provides a secure and user-friendly platform for managing digital assets. As a decentralized wallet, Trust Wallet allows users to store, send, receive, and exchange a wide range of cryptocurrencies, including Bitcoin, Ethereum, and various other tokens. The company emphasizes security and privacy, ensuring that users have full control over their private keys and funds. Trust Wallet also supports decentralized applications (DApps) and offers a seamless experience for interacting with the growing ecosystem of blockchain-based services. With a focus on accessibility and innovation, Trust Wallet aims to empower users to participate in the digital economy with confidence.

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