Proof of Usefulness Report

Numisma Bank

Analysis completed on 1/25/2026

+603
Proof of Usefulness Score
Category Standard

Numisma Bank is a verifiable Connecticut-chartered Innovation Bank with a conditionally approved Federal Reserve Master Account, representing a significant regulatory and technical moat in the fintech space. While the project demonstrates high real-world utility and strong market positioning as a wholesale banknote distributor, the submission quality was poor (e.g., claiming 'everyone' as the audience and citing 'marketcap' for revenue). The score rewards the verifiable high-value infrastructure and regulatory status (Master Account) while penalizing the inaccuracies and lack of effort in the specific submission inputs.

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+225.0
Audience Reach Impact+75.0
Technical Innovation+135.0
Evidence Of Traction+118.75
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+641.25
Usefulness Multiplierx0.94
Final Score+603

Project Details

Project URL
numismabank.com
Description
Numisma Bank is a preeminent global distributor of U.S. banknotes positioned for reliable, responsive, and efficient delivery of banknotes to its high-quality global client base. Numisma Bank is an appropriately capitalized U.S. (Connecticut) chartered and regulated bank with direct access to the Federal Reserve System including master account and cash services. Numisma Bank's management team and advisory board have extensive experience in the global financial services, technology and regulatory arenas, which they have applied to make Numisma Bank a state of the art, tech-forward operating and service platform delivering superior service to its clients on competitive terms.

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