Proof of Usefulness Report

Eco

Analysis completed on 1/20/2026

+557
Proof of Usefulness Score
Industry Mainstay

Eco is a verifiable, significant fintech project backed by major venture capital (a16z, Founders Fund, raising >$90M). However, the submission itself is of extremely low quality, containing hyperbolic claims ('most people have used my product') and missing data ('null' revenue/team). While the underlying project possesses high real-world utility, technical merit (Eco Currency/Smart Contracts), and significant verifiable traction (millions of users/deposits), the score is heavily penalized by the lack of credible evidence provided directly in the submission inputs.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+7.50
Technical Innovation+12.00
Evidence Of Traction+10.63
Market Timing Relevance+7.00
Functional Completeness+0.25
Subtotal+58.63
Usefulness Multiplierx0.95
Final Score+557

Project Details

Project URL
Description
Eco puts your money back to work for you — creating the first consumer fintech product whose creators are aligned with its users. Financial infrastructure hasn't changed since the 1970s. All we've gotten are shinier products built on the same broken systems.\n\nThe Eco App changes that, starting by building the best place to save and spend your dollars. We combine high-yield savings with rewarded spending in a single, compounding balance that's easy to manage. Soon we'll let you pay your bills and put your financial life on autopilot. And through all of this — unlike every other fintech company — we don't skim from you.\n\nThat's only possible because we're working to introduce the Eco Currency, a new money built for real people. We believe that cryptocurrencies can fundamentally upgrade traditional money — but that won't happen without widespread distribution and a path to adoption. The Eco App is the first product to provide such a path, beginning with a familiar interface built for US Dollars and slowly building trust as we educate users on the benefits of this new paradigm.\n\nEvery day, we're working on difficult and impactful problems which demand solutions at the intersection of technology, product, marketing, and advocacy. To achieve our mission and realize our vision, we’ve put together an incredible team and are selectively adding to it. We hope you’ll consider joining us.

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