Proof of Usefulness Report

Oursky

Analysis completed on 1/27/2026

+496
Proof of Usefulness Score
Industry Mainstay

Oursky is a well-established software studio (founded 2008) with a significant team size (~70 employees) and verifiable high-profile clients (HSBC, Standard Chartered), indicating strong underlying business traction. However, the submission itself is low-quality, using hyperbolic claims ('most people have used my product') and vague data ('everyone'), which heavily penalizes the Traction and Reach scores despite the company's actual legitimacy. The project scores highly on utility and technical competence due to its proven track record and engineering-focused culture.

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Score Breakdown

Real World Utility22.5 (Weighted 0.25)
Audience Reach Impact7.0 (Weighted 0.20)
Technical Innovation11.25 (Weighted 0.15)
Evidence Of Traction10.6 (Weighted 0.25)
Market Timing Relevance6.0 (Weighted 0.10)
Functional Completeness1.0 (Weighted 0.05)
Subtotal58.35 (Raw) / 583.5 (Scaled)
Usefulness Multiplierx0.85
Final Score+496

Project Details

Project URL
Description
Mission\nOursky is a software product studio with offices in Hong Kong, London and Taipei. A diverse and socially progressive team of experts working remotely from different locations. We are a technology-oriented and developer-driven team and values craftsmanship.\n\nOur mission is to create open-source solutions to help enterprises in digital transformation and support developers in building secure and privacy-aware software.\n\nWe are self-funded, ensuring our engineering culture and excellence are built into our digital products.\n\nProducts \u0026 Services\n- FormX extracts structured key information from documents (scanned or captured by mobile phone). Users can train a new model by uploading and labelling samples or use FormX API quickly with our pre-trained models on receipts, invoices, IDs/passports, etc.\n- Authgear is a plug-and-play open-sources auth for consumer apps to grow, developer-friendly with opinionated defaults. It helps businesses to improve user experience and signup conversions, security of their users, and unify auth experience across multiple platforms with simple integration.\n\nProfessional Services\nWe build digital products with great user experience for clients all over the world. We provide UI/UX design, software development, machine learning, QA, and product management consultancy for clients that range from rockstar startups to multinationals like Google, Milwaukee, Standard Chartered Bank, and HSBC.\n\nEngineering Culture\nWe have a strong engineering culture. We use the latest programming languages (most of our codes are in Python, Go and Typescript, but we also use Haskell, Rust, and other new languages experimentally), maintain a high standard of code review, and adopt streamlined internal tools for DevOps and continuous integration (CI).

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