Proof of Usefulness Report

Effectiv

Analysis completed on 1/20/2026

+760
Proof of Usefulness Score
Unicorn Utility

Effectiv is a highly successful real-time fraud and risk management platform verified to have been acquired by Socure for $136M in October 2024. While the project demonstrates exceptional real-world utility and traction (verified exit), the submission itself was of very low quality, containing lazy text inputs (e.g., audience: 'everyone') and lacking technical detail. The high score reflects the objective reality of the project's success and valuation, heavily weighted against the poor response quality.

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+225
Audience Reach Impact+128
Technical Innovation+96
Evidence Of Traction+285
Market Timing Relevance+90
Functional Completeness+2.5
Subtotal+826.5
Usefulness Multiplierx0.92
Final Score+760

Project Details

Project URL
Description
Effectiv is a real-time fraud & risk management platform for FIs & Fintechs. Enable AI-driven solutions for onboarding, transaction monitoring, underwriting & authentication events.

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