Proof of Usefulness Report

UK Cryptoasset Business Council (UKCBC)

Analysis completed on 2/3/2026

+443
Proof of Usefulness Score
Certified Problem Solver

The UK Cryptoasset Business Council (UKCBC) is a verified, high-influence trade body representing major industry players like Coinbase, Kraken, and Uniswap. The organization holds significant real-world utility in shaping UK crypto policy. However, the project submission itself was of low quality, containing false claims such as 'most people have used my product' and 'audience reach: everyone'. The score reflects the high intrinsic value and verifiable traction of the entity, significantly penalized by the poor quality of the submission data.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+40.0
Technical Innovation+22.5
Evidence Of Traction+148.75
Market Timing Relevance+95.0
Functional Completeness+2.5
Subtotal+521.25
Usefulness Multiplierx0.85
Final Score+443

Project Details

Project URL
www.ukcbc.co
Description
The UK Cryptoasset Business Council (UKCBC) champions the UK’s crypto and Web3 ecosystems to support users, investors, businesses and drive innovation and growth. It brings together select business leaders to ensure the UK becomes a global crypto-asset hub and the world's Web3 centre. Our curated membership represents a diverse range of firms, each contributing their unique expertise to support the growth of the sector and ensure a regulatory framework that better protects consumers and supports safe innovation. Managed by NorthPoint Strategy - www.northpointstrategy.co.uk Members include - Andersen, Archax, Aztec Labs, BCB Group, BVNK, Chainalysis, Clear Junction, Coinbase, Galaxy Digital, Greengage, GSR, Hedera, Komainu, Kraken, Luno, Matter Labs, MoonPay, Ripple, Summer.fi & Uniswap Labs.

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