Proof of Usefulness Report

DailyPay

Analysis completed on 1/19/2026

+674
Proof of Usefulness Score
Category Standard

The project 'DailyPay' is a verifiable, market-leading fintech unicorn in the Earned Wage Access (EWA) sector, providing high real-world utility to millions of employees. Despite the submission being submitted under the alias 'DeepFang' with hyperbolic claims ('most people have used my product') and low-effort descriptions, the underlying business is established, generating substantial revenue and impact. The score reflects the project's massive scale and utility, heavily discounted by the low quality of the specific submission data and lack of technical detail provided by the applicant.

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+23
Audience Reach Impact+19
Technical Innovation+11
Evidence Of Traction+19
Market Timing Relevance+9
Functional Completeness+0
Subtotal+82
Usefulness Multiplierx0.82
Final Score+674

Project Details

Project URL
dailypay.com
Description
DailyPay, accessible via dailypay.com, is a financial technology company that specializes in providing on-demand pay solutions. The company partners with employers to offer their employees the ability to access their earned wages before the traditional payday. This service aims to improve financial wellness by giving employees more control over their finances, reducing the need for payday loans or high-interest borrowing. DailyPay's platform integrates seamlessly with existing payroll systems, ensuring a smooth and secure transaction process. The company is committed to enhancing the employee experience and promoting financial stability through innovative pay solutions.
Audience Reach
everyone
Target Users
everyone
Technologies
Fintech, Banking, Payments
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