Proof of Usefulness Report

Miquido

Analysis completed on 1/25/2026

+632
Proof of Usefulness Score
Category Standard

Miquido is a well-established, large-scale software development agency (approx. 200+ employees) with verifiable market presence and high-profile clients (e.g., Skyscanner). However, the submission itself ('SwiftSpirit') was extremely low quality, featuring hyperbolic claims ('most people have used my product') and a lack of specific evidence. The score reflects the company's strong verifiable fundamentals (high utility, established traction) significantly penalized by the poor response quality and unsupported reach claims in the 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+225
Audience Reach Impact+104
Technical Innovation+105
Evidence Of Traction+161
Market Timing Relevance+80
Functional Completeness+5
Subtotal+680
Usefulness Multiplierx0.93
Final Score+632

Project Details

Project URL
Description
Miquido is a full-service software development company that specializes in creating custom digital solutions for businesses. With a focus on mobile and web app development, Miquido offers a range of services including product design, artificial intelligence, and cloud services. The company is known for its expertise in delivering end-to-end solutions that help clients transform their ideas into successful digital products. Miquido serves a diverse range of industries, including finance, healthcare, and entertainment, and is committed to innovation, quality, and customer satisfaction.

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