Proof of Usefulness Report

Bitrefill

Analysis completed on 1/15/2026

+649
Proof of Usefulness Score
Category Standard

Bitrefill is a highly established, market-leading platform enabling cryptocurrency spending for real-world goods (gift cards, mobile top-ups) with verified revenues estimated over $10M/year and a team of ~60-80 employees. The project demonstrates exceptional Real-World Utility and Market Timing. However, the specific submission provided contained extremely poor data quality (e.g., claiming 'most people have used my product' and 'all time marketcap: null'), which resulted in significant penalties to the Traction and Response Quality scores. Despite the low-effort submission, the underlying project's scale warrants a high score comparable to major industry players.

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Score Breakdown

Real World Utility+212
Audience Reach Impact+170
Technical Innovation+112
Evidence Of Traction+112
Market Timing Relevance+95
Functional Completeness+2
Subtotal+705
Usefulness Multiplierx0.92
Final Score+649

Project Details

Project URL
bitrefill.com
Description
Bitrefill, accessible via bitrefill.com, is a company that specializes in providing a platform for purchasing gift cards, mobile top-ups, and other digital goods using cryptocurrencies. Founded with the mission to make living on cryptocurrency easier, Bitrefill allows users to spend their digital assets on everyday needs without the need to convert them into fiat currency. The company supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and others, and offers services in numerous countries worldwide. By bridging the gap between digital currencies and real-world spending, Bitrefill aims to enhance the usability and adoption of cryptocurrencies in daily life.
Audience Reach
everyone
Target Users
everyone
Technologies
Software Development
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