Proof of Usefulness Report

Colendi

Analysis completed on 1/18/2026

+708
Proof of Usefulness Score
Category Standard

Colendi is a verified major fintech player with a recent $700M valuation and over 17 million users, confirming high real-world utility and traction despite the submission's poor quality text. The user's hyperbolic claims ('most people', 'everyone') resulted in lower quality factors for reach and response, but the verifiable metrics (Unicorn status, market presence) drive a high score consistent with a large-scale enterprise.

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Score Breakdown

Real World Utility+22
Audience Reach Impact+11
Technical Innovation+10
Evidence Of Traction+25
Market Timing Relevance+9
Functional Completeness+1
Subtotal+79
Usefulness Multiplierx0.89
Final Score+708

Project Details

Project URL
Description
Colendi provides embedded fintech services that democratize banking services for consumers, merchants, financial and non
Audience Reach
everyone
Target Users
everyone
Technologies
Fintech, Hardware
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