Proof of Usefulness Report

Alta

Analysis completed on 2/7/2026

+42

Proof of Usefulness Score

You're In Business

The submission presents a critical identity mismatch: the description references 'Alta Exchange' (formerly Fundnel, a major Southeast Asian fintech), while the URL and email belong to 'Alta Lab' (a blockchain accelerator). Furthermore, the submission contains severe red flags, including objectively false claims (traction: 'most people have used my product'; audience: 'everyone') and non-responsive financial data. While the entity described in the text has high real-world utility, the submission fails to provide verifiable proof of connection or accurate metrics, rendering the 'Proof of Usefulness' minimal.

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Score Breakdown

Real World Utility+30

Audience Reach Impact+10

Technical Innovation+25

Evidence Of Traction+5

Market Timing Relevance+35

Functional Completeness+5

Subtotal+19.5

Usefulness Multiplierx1.10

Final Score+21

Project Details

Project URL

altalab.io

Description

As Southeast Asia's largest licensed digital marketplace for alternative assets, Alta, formerly known as Fundnel, provides its end-to-end offerings around and through its blockchain-powered exchange, which brings private capital market, fund management, custodial, and other services under one roof. As Alta, we are creating a sustainable marketplace with curated investment opportunities in alternative assets, that support a virtuous cycle of private capital growth.

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