Proof of Usefulness Report

PayWhere

Analysis completed on 1/23/2026

+2
Proof of Usefulness Score
You're In Business

The submission for 'PayWhere' contains significant red flags and unverifiable claims. Despite stating a launch date of 2010 and a team of 30, there is no visible digital footprint, search presence, or verifiable evidence of the product's existence. The claim that 'most people have used my product' is demonstrably false given the lack of brand recognition. Technical details are generic ('Banking', 'Internet'), and the revenue metric appears confused with a crypto market cap. This is assessed as a low-effort or invalid submission with no real-world utility or traction.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+0.00
Evidence Of Traction+0.00
Market Timing Relevance+1.00
Functional Completeness+0.00
Subtotal+2.25
Usefulness Multiplierx0.82
Final Score+2

Project Details

Project URL
paywhere.com
Description
The timing is critical. Fintech growth is accelerating, regulators are opening doors, and legacy systems are holding institutions back. At Paywhere, we see this not as a challenge, but as an opportunity. We're here to partner with the innovators, the builders, and the banks ready to lead the next wave of transformation. We’re building the foundation for a new era of banking — one where institutions thrive by embracing API-first infrastructure, stablecoin rails, and deeply connected financial ecosystems. The opportunity is now.

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