Proof of Usefulness Report

Pay3

Analysis completed on 1/27/2026

+60
Proof of Usefulness Score
You're In Business

Pay3 is a verifiable seed-stage Web3 payment project with approximately $1.5M in funding and a $7.1M valuation, confirming legitimate business operations despite the low-quality submission. The entry contains significant errors, such as listing market cap in the revenue field and making the demonstrably false claim that 'most people have used my product.' While the technology (fiat-to-crypto rails, gaming focus) and market timing are strong, the score is heavily penalized by the unprofessional and hyperbolic claims in the submission.

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Score Breakdown

Real World Utility+75
Quality Factor Utility+1
Audience Reach Impact+20
Quality Factor Reach+0.5
Technical Innovation+55
Quality Factor Tech+1
Evidence Of Traction+60
Quality Factor Traction+0.5
Market Timing Relevance+80
Quality Factor Timing+1
Functional Completeness+10
Quality Factor Response+0.5
Subtotal+44.75
Usefulness Multiplierx1.12
Final Score+50

Project Details

Project URL
Description
Pay 3 provides the operating layer for a plug and play digital currency payment solution to power payment across fiat and web3.

Algorithm Insights

Market Position
Growing utility with room for optimization
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