Proof of Usefulness Report

Jupiter

Analysis completed on 1/24/2026

+475
Proof of Usefulness Score
Industry Mainstay

Jupiter is a verified 'Unicorn' neobank in India with significant traction (~$710M valuation, 2.8M+ active users, ~$6M FY24 revenue). However, the submission quality is extremely poor, featuring lazy claims ('most people have used my product') and confused metrics (labeling valuation as 'monthly revenue'). The score reflects the project's high real-world success adjusted downward for the low-effort submission.

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+138.0
Audience Reach Impact+108.0
Technical Innovation+72.0
Evidence Of Traction+85.5
Market Timing Relevance+51.0
Functional Completeness+3.0
Subtotal+457.5
Usefulness Multiplierx1.04
Final Score+475

Project Details

Project URL
Description
The world we live in today has evolved tremendously; the way we travel, eat, shop, or even find love has changed. Our banking experience, however, hasn’t kept up. Most millennials have inherited this banking experience from the generation before them, and while technology has enabled better ‘transactions’, it hasn’t solved for the understanding of why \u0026 what millennials would like to do with their money. Most of the banking apps are made one-size-fits-all while millennials interact with apps/products very differently.\n\nJupiter aims to be a simple, personalized \u0026 trustworthy banking experience for Millennials that services all their financial needs on one platform. It aims to take care of all your financial needs so you can focus on what’s important to you- your goals. \n\nJupiter aims to enable \u0026 scale great financial health by crafting products, services \u0026 experience that empower millennials to get ‘more from their money’ \u0026 achieve their goals seamlessly.

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