Proof of Usefulness Report

Octamile

Analysis completed on 1/26/2026

+218
Proof of Usefulness Score
Gaining Momentum

Project verified as Octamile, a legitimate Techstars-backed Nigerian Insurtech (raised $500k Pre-seed). The submission contained significant errors (incorrect name 'WhisperForge', false claims of 'everyone' using it), which heavily penalized the Response Quality. However, external verification confirmed high real-world utility, strong B2B partnerships (AXA Mansard, FirstBank), and a solid growth trajectory in the African market. The score reflects the high potential of the actual entity, adjusted for the poor quality of the submission data.

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+25.5
Audience Reach Impact+12.0
Technical Innovation+10.5
Evidence Of Traction+27.0
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal208.1)
Usefulness Multiplierx1.05
Final Score+218

Project Details

Project URL
Description
Octamileis in the Insurance IT Industry

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