Proof of Usefulness Report

Bits Financial

Analysis completed on 1/15/2026

+5
Proof of Usefulness Score
You're In Business

The project 'Bits Financial' appears to be inactive or non-existent, with the provided domain (bitscrypto.com) lacking an indexable web presence. The submission contains verifiable falsehoods regarding traction ('most people have used my product') and nonsensical data for revenue ('all time marketcap: null'). The concept of a crypto round-up app is not novel, and there is no evidence of technical implementation or user base. The submission receives a near-zero score due to lack of proof of existence and poor response quality.

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Score Breakdown

Real World Utility+2
Audience Reach Impact+0
Technical Innovation+0
Evidence Of Traction+0
Market Timing Relevance+1
Functional Completeness+0
Subtotal+4
Usefulness Multiplierx1.03
Final Score+5

Project Details

Project URL
bitscrypto.com
Description
Bits has developed a crypto investment product that is beginner-friendly and provides a low-friction way to accumulate Bitcoin and other cryptocurrencies by rounding up everyday purchases. Bits turns customers into passive crypto investors.\nTo start dollar cost averaging into crypto, Bits users connect their bank account and/or credit card using Plaid on the Bits mobile app. After each user transaction, for example, buying coffee, Bits automatically rounds the purchase to the nearest dollar and uses the difference to buy crypto.
Audience Reach
everyone
Target Users
everyone
Technologies
Banking, Blockchain, Fintech
Traction Evidence
most people have used my product

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