Proof of Usefulness Report

Spin - Electric Scooter Sharing

Analysis completed on 1/30/2026

+426
Proof of Usefulness Score
Certified Problem Solver

Spin is a major, established player in the micromobility sector with verified operations in numerous cities and a history of significant user traction (millions of rides). The project demonstrates exceptional Real-World Utility and Audience Reach. However, the PoU score is moderated by the saturation of the shared-scooter market, the current financial consolidation phase of the industry, and the extremely low quality of the submission inputs (e.g., lazy descriptions, lack of specific data). Despite the poor submission effort, the verifiable external scale warrants a score in the 'Large Scale' calibration range.

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Score Breakdown

Real World Utility+115.0
Audience Reach Impact+95.0
Technical Innovation+56.25
Evidence Of Traction+118.75
Market Timing Relevance+30.0
Functional Completeness+2.6
Subtotal+417.6
Usefulness Multiplierx1.02
Final Score+426

Project Details

Project URL
Description
Spin is a micromobilty company that operates fleets of rental electric bikes and electric scooters in cities and campuses across the United States and Canada. Spin launched the first-ever stationless bike share program in the United States and was instrumental in crafting the world’s first mobility permitting system that is now used around the world. Spin is known for its city- and campus-friendly approach to micromobility, and was the first operator to deploy a number of technology innovations to improve rider compliance, such as sidewalk riding detection technology. Spin consists of a diverse team of experienced professionals from the public sector, private sectors, and the transportation advocacy world, all of whom are committed to fulfilling the company’s mission - to help create a world full of 15 minute cities.\n\nFor more information visit https://www.spin.app\nAs featured on New York Times, Fast Company, Financial Times, TechCrunch, and more. \n\nhttp://www.spin.pm

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