Proof of Usefulness Report

Edfapay

Analysis completed on 1/20/2026

+485
Proof of Usefulness Score
Industry Mainstay

EdfaPay is a legitimate, venture-backed fintech company (Pre-Series A, ~$10M funding) with verified operations in Saudi Arabia, Pakistan, and North Africa. However, the project submission itself was of extremely poor quality, containing vague claims ('audience: everyone'), hyperbole ('most people have used my product'), and lack of detail. The high Proof of Usefulness score reflects the external verification of the company's actual traction (thousands of merchants, significant capital) rather than the submission text. A significant penalty was applied to the Response Quality metric, and a Quality Factor (Qi) of 0.7 was used elsewhere to balance verified traction against the lack of submitted evidence.

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Score Breakdown

Real World Utility+157.5
Audience Reach Impact+112.0
Technical Innovation+78.75
Evidence Of Traction+157.5
Market Timing Relevance+59.5
Functional Completeness+2.5
Subtotal+567.75
Usefulness Multiplierx0.85
Final Score+485

Project Details

Project URL
Description
Edfapayis in the Payments Industry

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