Proof of Usefulness Report

Tappit

Analysis completed on 1/31/2026

+421
Proof of Usefulness Score
Certified Problem Solver

Tappit is a verified, established provider of cashless payment solutions for major global events and venues (e.g., F1, NFL). While the project has significant real-world utility, verifiable traction, and a solid market position, the submission itself was of extremely low quality—containing hyperbolic claims ('everyone', 'most people') and lacking specific data. The score reflects the company's actual robust scale and utility, heavily penalized by the poor quality of evidence provided in the application.

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Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+421.25
Usefulness Multiplierx1
Final Score+421

Project Details

Project URL
tappit.co.uk
Description
Tappit is a company that specializes in providing cashless payment solutions and data insights for events, venues, and attractions. With its headquarters in the UK, Tappit offers a seamless and secure way for event organizers and venue operators to enhance the customer experience through contactless payment technology. Their platform not only facilitates transactions but also provides valuable data analytics to help businesses understand customer behavior and improve operational efficiency. Tappit's solutions are designed to streamline the payment process, reduce queues, and increase revenue opportunities for their clients.

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