Proof of Usefulness Report

Octopus Energy

Analysis completed on 1/26/2026

+796

Proof of Usefulness Score

Unicorn Utility

Octopus Energy is a verified 'unicorn' and major global energy supplier with a valuation exceeding $9B and a team of 11,000+. While the submission itself was extremely sparse and low-effort (failing to detail their proprietary Kraken technology), the underlying entity's scale, real-world utility, and market traction are indisputable. The score reflects the project's massive verified impact and reach (400–700+ calibration tier), heavily penalized in the 'Technical Innovation' and 'Response Quality' sections due to the lack of descriptive detail in the entry.

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+250.0

Audience Reach Impact+200.0

Technical Innovation+45.0

Evidence Of Traction+250.0

Market Timing Relevance+90.0

Functional Completeness+2.5

Subtotal+837.5

Usefulness Multiplierx0.95

Final Score+796

Project Details

Project URL

octopus.energy

Description

We’re using technology to create a leaner business from the ground up – doing away with long calls to call centres, letters piling up in mailboxes, and the notorious bureaucracy this industry is famous for.

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