Proof of Usefulness Report

Spin Technology

Analysis completed on 1/30/2026

+631
Proof of Usefulness Score
Category Standard

Spin Technology (Spin.ai) is a verified, established SaaS security company with significant traction (~$5M-$10M revenue, 1,500+ enterprise customers, 265k+ users), which contradicts the low-quality, lazy submission (e.g., 'most people have used my product', 'marketcap: null'). The project scores highly on Real-World Utility and Traction due to external verification of its ransomware protection and backup capabilities for Google Workspace/Office 365. However, the Response Quality score is penalized heavily due to the unprofessional input data. The final score reflects the robust business reality (Comparable to/Larger than the reference calibration) rather than the poor submission quality.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+120.0
Technical Innovation+120.0
Evidence Of Traction+170.0
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+717.5
Usefulness Multiplierx0.88
Final Score+631

Project Details

Project URL
spin.ai
Description
Spinbackup is a Cloud Cybersecurity and Cloud-to-Cloud Backup solutions provider for G Suite and Office365. Our core directions are:\n\n1) Ransomware Protection\n24/7 fully automated protection against ransomware in the cloud. No human factor required.\n\n2) Insider Threats Detection\nML-based unique expertise to automatically identify business risky apps that have access to your business data to protect organizations against data leak in the cloud.\n\n3) Blockchain Single Sign-On\nUltra secure password-free access to your cloud data with the help of Blockchain and using biometric 2 step verification. No more passwords, no more break-ins. \n\n\nJust try it free at spinbackup.com.\n\n

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