Proof of Usefulness Report

Open Financial Technologies

Analysis completed on 1/27/2026

+619
Proof of Usefulness Score
Category Standard

The project 'Open Financial Technologies' is a verified Indian fintech unicorn (valuation ~$1B, 3.5M+ SME users) offering comprehensive neobanking services. The domain 'open.accountant' is a legitimate asset of the company. However, the submission itself is of extremely low quality, featuring vague claims ('most people have used my product'), unprofessional aliases ('FrostStorm'), and no specific evidence. The score reflects the massive real-world scale and utility of the verifiable entity, significantly penalized for the lack of effort and detail in the submission.

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Score Breakdown

Real World Utility+180.0
Audience Reach Impact+152.0
Technical Innovation+56.25
Evidence Of Traction+175.0
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+658.25
Usefulness Multiplierx0.94
Final Score+619

Project Details

Project URL
Description
Open Financial Technologiesis in the Finance-Accounting Tech Industry

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