Proof of Usefulness Report

Bitstop

Analysis completed on 1/15/2026

+862

Proof of Usefulness Score

Unicorn Utility

The project 'Bitstop' is a verified industry leader in the Bitcoin ATM space, having acquired major competitor Genesis Coin to power over 30% of global Bitcoin ATMs (12,000+ machines) with billions in transaction volume. Despite a very low-quality submission (containing copy-paste errors like the name 'DeepRider' and hyperbolic unverified claims), the external reality of the business places it in the highest tier of traction and utility. The score reflects the massive verifiable reach and market dominance, heavily penalizing only the 'Response Quality' metric.

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Score Breakdown

Real World Utility+225

Audience Reach Impact+228

Technical Innovation+112

Evidence Of Traction+294

Market Timing Relevance+85

Functional Completeness+2

Subtotal+947

Usefulness Multiplierx0.91

Final Score+862

Project Details

Project URL

bitstop.co

Description

At Bitstop we love digital currency. We believe it’s already changed the world for the better and will continue to be a tool used to empower individuals and preserve their rights. Does that give you the tingelys? We'll you're probably one of us. \n\nBitstop has been a pioneer in the Bitcoin ATM industry since 2013. We started by placing the first Bitcoin ATM in Florida and since then we have become one of the largest Bitcoin ATM Software providers in the world. Our company has seen massive growth in the past few years and we're looking for passionate people to join our team. Bitstop team members are open-minded, respectful, and professional. While composed of individuals who believe very different things about the world, the team is bound by its common passion for making Bitcoin \u0026 other digital currencies accessible to the ones that need it the most. We currently support contribution to several projects that go beyond Bitcoin ATMs. This means team members can explore new concepts and ideas and are always encouraged to contribute or get involved even if that not their main role. \n\nIf any of this rings a bell, check out our job openings to see what skill sets we’re looking for.\n

Audience Reach

everyone

Target Users

everyone

Technologies

Software Development, It Services, Business 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