Proof of Usefulness Report

GoldenRace

Analysis completed on 2/10/2026

+681
Proof of Usefulness Score
Category Standard

GoldenRace is a verifyied industry leader in virtual sports betting with massive scale (25M+ daily tickets, €500M+ GGR reported externally). The project demonstrates exceptional real-world utility and traction, operating in over 60,000 retail shops globally. However, the submission itself was of low quality (generic 'everyone' audience, confusing 'marketcap' revenue figure, and informal submitter name 'BlazeGale'), which resulted in a significant penalty to the Response Quality score. Despite the poor form entry, the underlying business fundamentals are strong enough to warrant a high score based on verified external data.

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Score Breakdown

Real World Utility+27.0
Audience Reach Impact+21.6
Technical Innovation+11.25
Evidence Of Traction+35.63
Market Timing Relevance+8.5
Functional Completeness+0.5
Subtotal+104.48
Usefulness Multiplierx0.98
Final Score+681

Project Details

Project URL
goldenrace.com
Description
GoldenRace is an award-winning and market-leading Virtual Sports and gaming provider. We offer the world’s most played virtual Sportsbook and an incredibly realistic betting experience. With a strong Client-First mindset, we’ve created the most reliable and cost-effective solution for Retail and a cutting-edge Online platform for desktop and mobile. What makes us a leader 🥊 • 19+ years delivering virtual betting solutions • 1,000+ websites powered by our Online solution • 60,000+ betting shops running our software • Up to 25M tickets a day processed in our servers • 500+ clients worldwide • Licensed and certified in 20+ jurisdictions ⚽️ PRODUCTS: Virtuals • Virtual Sports • Crash Games • Number Games Betting Solutions for • Online • Retail GoldenRace, a Softquo Holding Company. Softquo Holding Ltd is a B2B online gaming operator and does not provide services to players. It is licensed by the Malta Gaming Authority, holding license number MGA/CRP/320/2016 and Company Registration Number C39041 with its registered address at 66, Apt 5, Old Theatre Street, Valletta VLT 1427, Malta. 🔞 Gamble responsibly. https://www.rgf.org.mt | info@goldenrace.com

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