Proof of Usefulness Report

Uphold

Analysis completed on 2/17/2026

+704
Proof of Usefulness Score
Category Standard

Uphold is a well-established digital money platform with significant global reach (>10M users) and high real-world utility, facilitating seamless trade between cryptocurrencies, fiat, and commodities. While the project itself demonstrates massive scale and traction consistent with a top-tier score (calibration >700), the submission quality was exceptionally poor, containing vague claims ('most people have used my product') and unstructured data. The final score reflects the high intrinsic value and verifiable success of the platform, adjusted downward for the lack of professional detail in the submission.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+180
Technical Innovation+120
Evidence Of Traction+180
Market Timing Relevance+90
Functional Completeness+5
Subtotal+800
Usefulness Multiplierx0.88
Final Score+704

Project Details

Project URL
Description
Founded in 2013, Uphold is a digital wallet and trading platform that makes cryptocurrencies and other assets affordable and accessible for everyone. We provide borderless access to financial services you can’t get through your bank. Covering over 300 assets, we allow both consumers and businesses to easily transact between digital and traditional currencies, with full integration between old and new money systems. The Uphold Mobile App features our ‘Anything-to-Anything’ interface, which enables you to fund your account, send money to friends and family abroad, or trade directly between more than 60 cryptos, national currencies and metals, using just one screen. Our open API makes it possible for third-party developers to build sophisticated financial products on top of Uphold. Through our partners, you can earn interest on your holdings, get paid in crypto, or donate to charities using any supported currencies. Disclaimer: bit.ly/legaluphold

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