Proof of Usefulness Report

Bitly

Analysis completed on 2/7/2026

+606
Proof of Usefulness Score
Category Standard

Bitly is a market-leading utility with undeniable scale and reach, justifying a high score despite a low-quality submission. The submission appears to be from an internal or test account ('ThunderClaw') with inaccurate or outdated financial data ($17M market cap is significantly below actual valuation). While the input data was lazy and lacked detail, the project's real-world utility, massive audience adoption, and historical market fit drive the score into the 'Much larger scale' calibration tier.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+180.0
Audience Reach Impact+152.0
Technical Innovation+54.0
Evidence Of Traction+166.25
Market Timing Relevance+64.0
Functional Completeness+2.5
Subtotal+618.75
Usefulness Multiplierx0.98
Final Score+606

Project Details

Project URL
Description
Bitly is your all-in-one Connections Platform for Short Links, QR Codes, and Landing Pages, all backed by powerful Analytics. We bring brands, businesses, digital marketers, creators, educators and non-profits a BIT closer to their audiences. Insights and analytics behind every connection you create with Bitly and pricing packages for users of any type! Need support? bitly.is/heretohelp

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