Proof of Usefulness Report

Unique Network

Analysis completed on 2/17/2026

+38
Proof of Usefulness Score
You're In Business

Unique Network is a legitimate Polkadot parachain project focusing on advanced NFT infrastructure (nested, re-fungible tokens). However, the submission contains significant inaccuracies, notably the claim that 'most people have used my product' and a reported team size of 350, which contradicts the project's current micro-cap status (~$175k USD). While the underlying technology is innovative and functional, market traction is minimal, and the project appears to be in a zombie state with negligible daily volume.

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Score Breakdown

Real World Utility+60
Audience Reach Impact+10
Technical Innovation+85
Evidence Of Traction+10
Market Timing Relevance+30
Functional Completeness+20
Subtotal+33.5
Usefulness Multiplierx1.13
Final Score+38

Project Details

Project URL
Description
Unique Network is an infrastructure that will allow the next generation of NFTs to flourish. The network was developed out of an acute need for NFT platforms to find solutions for the existing barriers to entry in this sector: costly and cumbersome gas fees, high knowledge threshold of blockchain knowledge, scalability concerns, and sustainability concerns revolving around Ethereum’s governance protocol. As the first custom parachain explicitly designed for NFTs on Polkadot and Kusama, Unique has created a viable solution through its novel NFT pallet design and ownership restructuring, which address these impediments presented on Ethereum. The improvements made for interoperability and improved governance structures will enable users to experiment in generating their own NFT collections, royalties, and marketplaces. Concurrently, Unique Network has released an open-source repository of components that will enable anyone to launch their own custom NFT minting solution, wallets, and galleries from which they can engage in the metaverse.

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