Proof of Usefulness Report

Miden

Analysis completed on 2/4/2026

-12
Proof of Usefulness Score
Lab Mode

The submission appears to be a spam or test entry with significant red flags. It conflates two distinct entities: 'Miden' (a legitimate YC-backed fintech for card issuing) and 'Miden Global' (the provided URL, a 'green bond marketplace' website with buzzwords but no verifiable traction). The user handle 'SilentShade' is historically associated with gaming or low-quality/spam inputs. The claims of 'most people have used my product' and 'Audience Reach: everyone' are demonstrably false and hallucinatory. Due to the mismatch between description and URL, and the presence of fabricated traction data, the project receives a negative score.

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Score Breakdown

Real World Utility+20
Real World Utility Quality Factor+0.5
Audience Reach Impact+0
Audience Reach Impact Quality Factor+0.5
Technical Innovation+10
Technical Innovation Quality Factor+0.5
Evidence Of Traction-30
Evidence Of Traction Quality Factor+1
Market Timing Relevance+20
Market Timing Relevance Quality Factor+0.5
Functional Completeness+0
Response Quality Quality Factor+0.5
Subtotal-5
Usefulness Multiplierx1.15
Final Score-6

Project Details

Project URL
Description
Miden is a debit card issuing platform for businesses that provides businesses with the infrastructure and tools to build and manage their payment programs. They offer virtual account management, expense controls, real-time transaction visibility, card issuance, and workflow automation. Miden enables enterprises and financial institutions to streamline financial processes, enhance payment oversight, and maintain regulatory standards.

Algorithm Insights

Market Position
Early stage requiring focused development
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