Proof of Usefulness Report

MoonPay

Analysis completed on 1/26/2026

+683
Proof of Usefulness Score
Category Standard

MoonPay is a verified 'unicorn' in the fintech/crypto space with a valuation exceeding $3.4B and millions of users, confirming immense Real-World Utility and Traction. However, the submission itself was of extremely low quality, featuring hyperbolic claims (e.g., 'most people have used my product') and minimal effort. While the project's external reality warrants a high score (Unicorn status vs. the reference scale), the score is penalized by the lack of substantiated evidence in the application and the laziness of the response.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+152.0
Technical Innovation+127.5
Evidence Of Traction+142.5
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+742
Usefulness Multiplierx0.92
Final Score+683

Project Details

Project URL
moonpay.com
Description
MoonPay, accessible via moonpay.com, is a financial technology company that specializes in providing a seamless and secure platform for buying and selling cryptocurrencies. Founded in 2018, MoonPay aims to simplify the process of acquiring digital assets by offering a user-friendly interface and a wide range of payment methods, including credit cards, bank transfers, and mobile payment solutions. The company focuses on enhancing the accessibility of cryptocurrencies to a global audience, ensuring compliance with regulatory standards, and providing robust security measures to protect users' transactions and personal information. MoonPay partners with various cryptocurrency exchanges, wallets, and other digital platforms to integrate its services, making it easier for individuals and businesses to enter the world of digital currencies.

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