Proof of Usefulness Report

OpenCorporates

Analysis completed on 1/27/2026

+675
Proof of Usefulness Score
Category Standard

OpenCorporates is a critical global infrastructure project providing access to over 200 million company records. It demonstrates exceptional real-world utility and market relevance, serving journalists (e.g., Panama Papers), governments, and financial institutions. However, the specific submission provided was of low quality, containing hyperbolic claims ('everyone', 'most people') and lacking specific metrics. While the project itself is a high-value 'Titan' (comparable to $7M+ revenue/60+ staff), the score is adjusted downward due to the poor quality of the evidence provided in this specific application.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+180.0
Technical Innovation+120.0
Evidence Of Traction+112.5
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+750.0
Usefulness Multiplierx0.90
Final Score+675

Project Details

Project URL
opencorporates.com
Description
OpenCorporates, accessible via opencorporates.com, is a leading platform dedicated to providing open access to company data from around the world. Founded with the mission to increase transparency in the corporate world, OpenCorporates aggregates and standardizes information from official company registries and other authoritative sources. The platform offers a comprehensive database that includes details such as company names, addresses, directors, and financial data, making it an invaluable resource for researchers, journalists, and businesses seeking to conduct due diligence or gain insights into corporate structures. By promoting open data, OpenCorporates aims to foster accountability and trust in the global business environment.

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