Proof of Usefulness Report

SwapSo.io

Analysis completed on 2/4/2026

+218
Proof of Usefulness Score
Gaining Momentum

SwapSo.io is a functional Indian Bitcoin wallet and education platform with verifiable on-ground initiatives ('Bitcoin Bharat'). However, the project submission contains significant hyperbole (claiming 'most people' as users and a team size of 125), which severely impacts its credibility score. While the educational aspect and 'Cold Storage Card' features offer genuine utility, the project is currently a niche, early-stage venture with minimal market penetration compared to established competitors. The revenue claim is unintelligible, and user traction is in the thousands, not millions.

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Score Breakdown

Real World Utility+55.00
Audience Reach Impact+10.00
Technical Innovation+30.00
Evidence Of Traction+12.50
Market Timing Relevance+50.00
Functional Completeness+20.00
Subtotal+248.75
Usefulness Multiplierx0.88
Final Score+219

Project Details

Project URL
Description
Making India Bitcoin Ready with secure bitcoin investment platform. ā—‡ Cold Storage Bitcoin Cards. ā—‡ BTC India šŸ‡®šŸ‡³ for awareness ā—‡ SwapSo Academy for education

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