Proof of Usefulness Report

WalletConnect

Analysis completed on 2/1/2026

+691
Proof of Usefulness Score
Category Standard

WalletConnect is a critical piece of Web3 infrastructure with immense real-world utility and adoption, effectively solving the mobile-to-desktop connection fragmentation. While the project itself is a category leader with millions of users and verifiable traction, the submission provided was low-effort, lacking concrete metrics or revenue data. The score reflects the undeniable success and importance of the protocol (high utility/traction scores) penalized by the poor quality of the response evidence (low quality factors on traction/response).

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+144.0
Technical Innovation+135.0
Evidence Of Traction+118.8
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+735.3
Usefulness Multiplierx0.94
Final Score+691

Project Details

Description
\nWalletConnect is an open source protocol for connecting decentralised applications to mobile wallets with QR code scanning or deep linking. Started 4 years ago, our mission is to make web3 accessible to everyone. We’re the fastest growing piece of end user experience infrastructure for crypto with over 200+ product integrations and are looking for more team members to help scale our 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