Proof of Usefulness Report

Moves

Analysis completed on 1/26/2026

+19
Proof of Usefulness Score
You're In Business

The project 'Moves Financial' (movesfinancial.com) was a legitimate fintech startup for gig workers founded in 2020, which raised ~$5M and acquired ~10,000 members. However, verifiable external sources (Tracxn, Industry Podcasts) confirm the company shut down operations in December 2023 ('Deadpooled'). The submission itself is of critically low quality, containing massive factual errors likely due to automated scraping or hallucination: it claims a 1993 launch date, 'Real Estate' business type, and a team size of 1,617 (actual was ~35), alongside a fraudulent traction claim ('most people have used my product'). The score reflects a defunct project with a highly inaccurate 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+40
Audience Reach Impact+10
Technical Innovation+30
Evidence Of Traction+20
Market Timing Relevance+20
Functional Completeness+0
Subtotal+16.25
Usefulness Multiplierx1.15
Final Score+19

Project Details

Description
Moves is a social finance platform addressing the underserved needs of independent workers in the gig economy to contribute to their financial health. This role is fully remote and we welcome applicants from all over the US and Canada who can work typical EST business hours. We are creating a modern digital collective and a platform of financial products. Moves customers (we call them ‘members’) will earn economic interest in the collective by consuming financial products and taking steps to improve their overall financial health - all while belonging to a growing group of their peers pursuing similar objectives.

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