Proof of Usefulness Report

MIDAS Solutions

Analysis completed on 1/25/2026

+16
Proof of Usefulness Score
You're In Business

The project refers to 'MIDAS Solutions', a legitimate but small software diagnosis and IT services firm based in Chihuahua, Mexico, founded in 2011. However, the submission data contains significant errors, including an invalid URL (.mxesp), nonsensical financial data ('marketcap: null'), and wildly exaggerated traction claims ('most people have used my product'). While the business exists and offers standard IT utility, the submission quality is extremely poor and lacks verifiable evidence of the claimed global reach or impact.

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+60
Audience Reach Impact+10
Technical Innovation+20
Evidence Of Traction+10
Market Timing Relevance+40
Functional Completeness+10
Subtotal+13.5
Usefulness Multiplierx1.15
Final Score+16

Project Details

Description
MIDAS Solutions is a company based in Mexico that specializes in providing innovative and comprehensive solutions tailored to meet the needs of various industries. With a focus on leveraging cutting-edge technology and strategic insights, MIDAS Solutions offers a range of services including IT consulting, software development, and digital transformation strategies. The company is dedicated to helping businesses optimize their operations, enhance productivity, and achieve sustainable growth. By prioritizing customer satisfaction and delivering high-quality solutions, MIDAS Solutions aims to be a trusted partner for organizations looking to navigate the complexities of the modern business landscape.

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