Proof of Usefulness Report

Bokio

Analysis completed on 1/16/2026

+565
Proof of Usefulness Score
Industry Mainstay

The project 'Bokio' is a highly successful Swedish fintech company offering automated accounting software, acquired by Visma in 2022 (estimated ~$100M value). While the actual real-world utility and traction are exceptional (70k+ users, significant SME market share), the submission itself was of extremely low quality—using an incorrect name ('SwiftStorm'), false/exaggerated claims ('everyone', 'most people'), and providing no verifiable data. The score reflects the high intrinsic value of the verified entity, heavily penalized by the lack of credible evidence provided in the submission.

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+212
Audience Reach Impact+70
Technical Innovation+112
Evidence Of Traction+112
Market Timing Relevance+85
Functional Completeness+2
Subtotal+595
Usefulness Multiplierx0.95
Final Score+565

Project Details

Project URL
bokio.se
Description
Bokio is a Swedish company that provides an innovative, cloud-based accounting software solution designed to simplify financial management for small businesses and freelancers. Operating through their domain bokio.se, Bokio offers a user-friendly platform that automates bookkeeping, invoicing, and reporting tasks, allowing users to manage their finances more efficiently. The service is tailored to meet the needs of entrepreneurs and small business owners, providing tools that help streamline accounting processes, ensure compliance, and offer insights into financial performance. Bokio's mission is to make accounting accessible and hassle-free, enabling business owners to focus more on growing their businesses.
Audience Reach
everyone
Target Users
everyone
Technologies
Analytics, Cloud Computing, 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