Proof of Usefulness Report

OpenPayd

Analysis completed on 2/8/2026

+572
Proof of Usefulness Score
Industry Mainstay

OpenPayd is a verified, high-traction fintech infrastructure provider (BaaS) with over $50M+ ARR and 200+ employees, significantly exceeding the scale of typical submissions. However, the project submission itself was of extremely poor quality, featuring vague targeting ('everyone'), unverifiable subjective claims ('most people have used my product'), and inaccurate metrics. The score reflects the high real-world utility and verified traction of the business, heavily penalized by the 'Quality Factor' due to the lazy and unprofessional submission data.

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Score Breakdown

Real World Utility+23.75
Audience Reach Impact+9.00
Technical Innovation+6.38
Evidence Of Traction+11.88
Market Timing Relevance+9.00
Functional Completeness+0.25
Subtotal+602.6
Usefulness Multiplierx0.95
Final Score+572

Project Details

Project URL
openpayd.com
Description
At OpenPayd, we invite you to experience a transformation in your business. Guided by our innovative and trust-focused approach, we operate as an incubation center for top talents in the fintech and digital payments industries. Our years of experience and know-how enable us to deliver fast, effective and tailor-made solutions to our clients. Whether you have an idea you wish to see brought to life or you want to join our ever-growing team of professionals, get in touch with us to see how we can help eliminate borders in your business and bring the future to you, today.

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