Proof of Usefulness Report

uquid.com

Analysis completed on 2/1/2026

+451
Proof of Usefulness Score
Industry Mainstay

Uquid is a verifiable, established Web3 e-commerce platform (founded ~2016) with significant partnerships (Binance Pay) and a team size (~41 employees) exceeding the calibration reference. However, the submission quality was extremely poor, containing false claims ('reach: everyone', 'most people have used my product') and lacking data. Independent research confirmed valid utility (Shop-to-Earn, Crypto-to-Physical goods) and traction (UQC token, integrations), justifying a high base score despite the submission's negligence.

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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+530
Usefulness Multiplierx0.85
Final Score+451

Project Details

Project URL
uquid.com
Description
Uquid.com is a digital platform that specializes in providing a comprehensive suite of financial services and solutions, particularly in the realm of cryptocurrency. The company offers a wide range of services including a cryptocurrency debit card, which allows users to spend their digital assets in everyday transactions. Uquid.com also provides a marketplace for purchasing digital goods and services using cryptocurrencies, facilitating seamless and secure transactions. The platform is designed to enhance the usability of cryptocurrencies by integrating them into various aspects of daily financial activities, thereby bridging the gap between traditional finance and the digital currency ecosystem.

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