Proof of Usefulness Report

Skaleet

Analysis completed on 1/30/2026

+648
Proof of Usefulness Score
Category Standard

Skaleet is a verified, established Core Banking Platform (formerly TagPay) with significant traction (approx. $8M revenue, 60+ employees, and major bank clients like La Banque Postale). The project demonstrates high real-world utility in the fintech sector. However, the submission itself was of extremely low quality, containing exaggerated claims ('most people have used my product') and vague data. The score reflects the high verifiable value of the company, adjusted downward for the poor submission quality and claim accuracy.

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Score Breakdown

Real World Utility+220.0
Audience Reach Impact+96.0
Technical Innovation+123.0
Evidence Of Traction+198.0
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+719.5
Usefulness Multiplierx0.9
Final Score+648

Project Details

Project URL
Description
Skaleetis in the Banking Tech Industry

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