Proof of Usefulness Report

Greenback Recycling Technologies

Analysis completed on 2/20/2026

+637
Proof of Usefulness Score
Category Standard

Greenback Recycling Technologies is a legitimate, high-potential cleantech company with verified B2B traction (Nestlé partnership, $31M+ funding, operational plant in Mexico). The proprietary microwave pyrolysis technology (Enval) and blockchain traceability (eco2Veritas) represent significant innovation in the circular economy. However, the submission itself was of poor quality, containing clearly false user traction claims ('most people have used my product') and lazy audience descriptions, which heavily penalized the Traction and Response Quality metrics. The high final score reflects the substantial real-world value and asset quality of the company despite the low-effort submission.

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Score Breakdown

Real World Utility+270.0
Audience Reach Impact+84.0
Technical Innovation+148.5
Evidence Of Traction+100.0
Market Timing Relevance+95.0
Functional Completeness+2.5
Subtotal+700
Usefulness Multiplierx0.91
Final Score+637

Project Details

Project URL
greenback.earth
Description
Greenback Recycling Technologies is building the circular economy for plastic packaging. We transform hard-to-recycle flexible plastics—like food pouches and laminated films—into high-quality circular feedstock using Enval, our proprietary microwave pyrolysis technology, which Greenback fully owns. Our modular plants recover aluminium and produce recycled oil (π-Oil), suitable for making new plastics. No water washing or pre-treatment needed—just real circularity, close to the source of waste. We also developed eco₂Veritas, a digital traceability platform powered by AI, IoT, and blockchain, to certify that waste has been diverted from landfill and transformed into new packaging materials.

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