Proof of Usefulness Report

eXtensoData

Analysis completed on 2/6/2026

+236
Proof of Usefulness Score
Gaining Momentum

eXtensoData appears to be a legitimate subsidiary of the F1Soft Group, a major Nepalese fintech conglomerate, verifying the potential for a 350-person team and significant regional traction (powering credit scoring for banks and digital wallets like eSewa). However, the submission quality is extremely poor, featuring unverifiable hyperboles ('everyone', 'most people') and ambiguous financial metrics ('17000000 marketcap' without currency, likely NPR or a valuation estimate). While the underlying business has high real-world utility in the B2B fintech space, the lack of concrete evidence in the application and the vague responses necessitate a lower score, placing it in the 'Small but promising' to 'Comparable' range rather than the 'Much larger scale' tier its headcount might suggest.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+38
Technical Innovation+39
Evidence Of Traction+48
Market Timing Relevance+28
Functional Completeness+1
Subtotal+239
Usefulness Multiplierx0.99
Final Score+236

Project Details

Project URL
Description
eXtensoData is a data analytics company that equips various businesses with the tools required to optimize daily operations, lower costs and identify new opportunities. It has solutions that analyze existing business data to reveal patterns, trends and prospects that are extremely valuable for making decisions, mitigating risks, meeting challenges and planning ahead. eXtensoData is also a ISO 27001: 2013 Certified Company which belongs to Information Security compliance.

Algorithm Insights

Market Position
Growing utility with room for optimization
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