Proof of Usefulness Report

Bank of England

Analysis completed on 1/24/2026

+105
Proof of Usefulness Score
Gaining Momentum

While the project claims to be the 'Bank of England' (a highly useful and impactful entity), the submission exhibits severe red flags indicating it is likely a joke, test, or impersonation. The submitter alias 'ShadowHunter', the email format, and nonsensical financial data ('marketcap' for a central bank) destroy the credibility of the entry. Consequently, despite the theoretical utility of the subject matter, the score is heavily penalized for lack of verifiable traction, poor response quality, and absence of evidence.

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Score Breakdown

Real World Utility+45.00
Audience Reach Impact+40.00
Technical Innovation+1.50
Evidence Of Traction+10.00
Market Timing Relevance+12.00
Functional Completeness+1.00
Subtotal+109.5
Usefulness Multiplierx0.96
Final Score+105

Project Details

Description
The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”. The Bank of England’s purpose today reflects that vision first articulated by our founders. Our mission: to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.

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