Proof of Usefulness Report

Wave Card

Analysis completed on 2/18/2026

+28
Proof of Usefulness Score
You're In Business

Wave Card (operating as Blink Card) is a verified early-stage fintech startup in India offering virtual prepaid cards. While the company is a registered legal entity and the app exists on the Play Store, the submission is severely compromised by hyperbolic and demonstrably false claims (e.g., 'most people have used my product'). Traction signals are minimal, with third-party data suggesting negligible revenue and downloads compared to established competitors. The project demonstrates basic functional utility but lacks the reach, innovation, or credible metrics to score higher.

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Score Breakdown

Real World Utility+12.5
Audience Reach Impact+1.0
Technical Innovation+6.0
Evidence Of Traction+0.625
Market Timing Relevance+5.0
Functional Completeness+0.25
Subtotal+25.375
Usefulness Multiplierx1.10
Final Score+28

Project Details

Project URL
Description
Blink Card offers virtual prepaid debit cards that give you the ultimate privacy and security. Our cards work seamlessly with all NFC wallets, providing top-level security to stop frauds.

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