Proof of Usefulness Report

Midas Analytics

Analysis completed on 2/3/2026

+52
Proof of Usefulness Score
You're In Business

Midas Analytics is a legitimate B2B data consulting firm based in Hong Kong, specializing in NLP and market intelligence. Search verification confirms they won a 'Hong Kong ICT Award 2025', indicating verifiable regional traction and technical merit. However, the submission itself is of extremely poor quality, containing demonstrable falsehoods (claiming 'most people have used my product' and 'everyone' as the audience) and missing financial data. While the underlying technology and business are real and relevant, the score is significantly penalized by the unreliable and unprofessional submission data.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+10.0
Technical Innovation+70.0
Evidence Of Traction+25.0
Market Timing Relevance+85.0
Functional Completeness+5.0
Subtotal+46.25
Usefulness Multiplierx1.12
Final Score+52

Project Details

Description
Midas Analytics is a Data Consulting Company that provides customized and interactive AI systems that speed up text reading and deliver actionable insights based on your preferences. Established as an NLP-specialist company, Midas operates transforming raw text into answers with direct business applications. Clients can use our services to support their qualitative everyday decision making with an automated engine which can save up to 80% in reading time.

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