Round 1 Winners!
Proof of Usefulness Report

FairPact

Analysis completed on 3/18/2026

+39
Proof of Usefulness Score
You're In Business

FairPact outlines a high-utility mission of providing low-interest loans and financial literacy to struggling families. However, the submission is significantly hindered by vague and unsupported data, such as claiming the audience is 'everyone' and that 'most people have used my product' for traction. Furthermore, citing an 'all time marketcap' of 2,500,000 for a non-profit charity is highly irregular. Without verifiable metrics, the project scores well below the baseline.

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+20.00
Audience Reach Impact+4.00
Technical Innovation+7.50
Evidence Of Traction+2.50
Market Timing Relevance+7.00
Functional Completeness+0.50
Subtotal+41.5
Usefulness Multiplierx0.95
Final Score+39

Project Details

Project URL
fairpact.in
Description
Our humble mission is help struggling families through tough-times, build their credit, and to provide a fair means to financial stability and literacy. As a non-profit charity, we can charge very low interest rates for our loans as we don't look to make profit. We use machine learning algorithms and Ryan our chatbot to create an efficient, fast, and cheap process to provide low-interest loans to our community. This allows people to avoid predatory lending. Families can get loans for child disability services, medical costs, rent, car repair, dental costs, and much more. In addition to our low-interest loans, we provide financial and credit education services and free financial consulting to help build credit. www.thefairpact.org

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