Proof of Usefulness Report

Alchemyze LLC

Analysis completed on 3/23/2026

-19.25

Proof of Usefulness Score

Lab Mode

Alchemyze addresses a valid problem with its ML-based stock market analysis app, but the submission contains severe red flags. The claim that 'most people have used my product' is entirely unverifiable and highly exaggerated for a project launched in 2024. Furthermore, the monthly revenue metric is incoherently cited as 'all time marketcap: 500000', demonstrating poor response quality. Due to these blatant discrepancies and a complete lack of verifiable market adoption, the project receives a negative score.

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Score Breakdown

Real World Utility+100.0

Audience Reach Impact+0.0

Technical Innovation+7.5

Evidence Of Traction-150.0

Market Timing Relevance+30.0

Functional Completeness-5.0

Subtotal-17.5

Usefulness Multiplierx1.1

Final Score-19

Project Details

Project URL

alchemyze.ai

Description

At Alchemyze, we specialize in developing, deploying, and distributing industry-leading, machine learning-based stock market analysis products. Our mission is to empower investors with advanced tools and insights previously only available to hedge funds and institutional investors. Our flagship product, the Alchemyze iPhone app, offers users comprehensive stock ratings on over 4000 stocks, powerful screening capabilities, in-depth market insights, portfolio tracking, and much more. With Alchemyze, making smarter financial decisions is within everyone's reach.

Algorithm Insights

Market Position

Early stage requiring focused development

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