Proof of Usefulness Report

Glance Capital

Analysis completed on 1/22/2026

+32
Proof of Usefulness Score
You're In Business

While Glance Capital appears to be a legitimate early-stage fintech company serving gig workers (verified via external search), this specific submission contains significant red flags and false claims. The input asserts 'most people have used my product' and lists 'space-technology' as a core stack, both of which are demonstrable misrepresentations. Actual traction (approx. 6,000 applications and $250k lent as of late 2022) indicates an early-stage venture, but the low quality and inaccuracy of the provided data severely impact the Proof of Usefulness score.

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Score Breakdown

Real World Utility+56.0
Audience Reach Impact+5.0
Technical Innovation+10.0
Evidence Of Traction+5.0
Market Timing Relevance+60.0
Functional Completeness+5.0
Subtotal+29.5
Usefulness Multiplierx1.08
Final Score+32

Project Details

Description
Glance is excited to launch the next generation of online banking built around the daily needs of borrowers. Customers can borrow from a Line of Credit instead of relying on payday loans, and can build credit using the Glance MasterCard® Credit Card!

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