Proof of Usefulness Report

Bitpanda

Analysis completed on 1/15/2026

+534
Proof of Usefulness Score
Industry Mainstay

Bitpanda is a verified, major European fintech unicorn with a valuation exceeding $4B and millions of users, establishing immense real-world utility and traction. However, the submission itself is of extremely low quality, containing typos ('bitpana'), non-technical listings ('investing' as technology), and hyperbolic claims ('most people have used my product'). The score reflects the massive scale and legitimacy of the business entity, significantly dampened by the poor quality of the provided evidence and lack of specific technical detail in the application.

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Score Breakdown

Real World Utility+2
Audience Reach Impact+2
Technical Innovation+1
Evidence Of Traction+2
Market Timing Relevance+1
Functional Completeness+0
Subtotal+580
Usefulness Multiplierx0.92
Final Score+534

Project Details

Project URL
Description
Invest in bitcoin, gold and over 30 other digital assets on your phone or desktop. fast, secure and 24/7.\n\nbitpana allows you to invest in bitcoin, gold and over 30 other digital assets on your phone or desktop. fast, secure and 24/7.
Audience Reach
everyone
Target Users
everyone
Technologies
Investing
Traction Evidence
most people have used my product

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