Proof of Usefulness Report

Alterest

Analysis completed on 1/9/2026

+341
Proof of Usefulness Score
Certified Problem Solver

Alterest is a verifiable, institutional-grade financial software platform (acquired/partnered with Kroll) addressing a high-utility niche in structured finance. However, the submission itself is of extremely low quality (pseudonym, false claims of 'everyone' using it, zero verifiable data provided). While the project's real-world utility and market timing are strong, the score is heavily penalized by the lack of credible evidence in the submission and the niche nature of the audience compared to the false claims made.

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Score Breakdown

Real World Utility+175
Audience Reach Impact+20
Technical Innovation+75
Evidence Of Traction+37
Market Timing Relevance+70
Functional Completeness+1
Subtotal+378
Usefulness Multiplierx0.9
Final Score+341

Project Details

Project URL
Description
Alterest enables participants in structured finance, bank-disintermediated and platform lending markets to digitize the entire deal life-cycle, from origination, structuring, monitoring, distribution and regulatory reporting on a seamless all-in-one cloud platform.
Audience Reach
everyone
Target Users
everyone
Technologies
Cloud Computing, Banking, Analytics
Traction Evidence
most people have used my product

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