Proof of Usefulness Report

Fold

Analysis completed on 1/21/2026

+705
Proof of Usefulness Score
Category Standard

Fold is a mature, publicly traded (NASDAQ: FLD) fintech company established in 2014, offering a Visa debit card with Bitcoin rewards. External verification confirms significant scale with ~$22M+ annual revenue, >600k active accounts, and a market cap >$100M. The project demonstrates exceptional Real-World Utility and Traction. However, the submission itself was low-effort (e.g., claiming 'most people have used my product', vague 'design' technology), which significantly penalized the Response Quality score. Despite the poor submission quality, the underlying project's proven market position drives a high PoU score.

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Score Breakdown

Real World Utility+230
Audience Reach Impact+170
Technical Innovation+97.5
Evidence Of Traction+245
Market Timing Relevance+85
Functional Completeness+2.5
Subtotal+830
Usefulness Multiplierx0.85
Final Score+705

Project Details

Project URL
foldapp.com
Description
Fold is the best way to earn bitcoin back on everything you do. Customers can use the Fold Visa debit card, and purchase gift cards from the Fold Store, to earn bitcoin on everyday purchases.\n\nWhile current on-ramps are complex, expensive, and primarily built for speculators, we believe in ushering in the next wave of adoption via on-ramps built for everyone else: spenders, earners, and savers.\n\nWe're a fast growing team of passionate individuals working across the country (and sometimes the world) to build products and experiences that bring Bitcoin to the rest of the world via best-in-class consumer UX and the most innovative layer two technologies.

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