Proof of Usefulness Report

BOLD

Analysis completed on 2/14/2026

+52
Proof of Usefulness Score
You're In Business

The project 'BOLD' (getbold.io) is a legitimate early-stage fintech platform offering Bitcoin-integrated banking and multisig custody. However, the submission data contains significant inaccuracies and highly improbable claims (e.g., team size of 3,000 for a seed-stage startup, traction claim that 'most people have used my product'). While the product solves a genuine problem (crypto-friendly banking) and has verifiable backing (investors, functional app), the score is heavily impacted by the lack of credible evidence in the submission and the project's current 'minimal traction' status (<50k users) relative to the calibration scale.

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Score Breakdown

Real World Utility+75
Audience Reach Impact+30
Technical Innovation+50
Evidence Of Traction+40
Market Timing Relevance+80
Functional Completeness+10
Subtotal+44.25
Usefulness Multiplierx1.18
Final Score+52

Project Details

Project URL
Description
the best way to buy, sell, and save #bitcoin, with a built-in easy-to-use multisig vault.

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