Proof of Usefulness Report

Choco Up

Analysis completed on 1/17/2026

+296
Proof of Usefulness Score
Gaining Momentum

Choco Up is a legitimate, verified Revenue-Based Financing (RBF) platform in Asia with significant traction (over $40M deployed, 150+ investments). However, the submission itself is of extremely low quality, containing false claims ('everyone' as audience, 'most people' as traction) and vague details. The score reflects the project's high real-world utility and verified market position, heavily penalized by the poor response quality and the niche nature of B2B financing compared to mass-market benchmarks.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+85
Audience Reach Impact+32
Technical Innovation+36
Evidence Of Traction+80
Market Timing Relevance+34
Functional Completeness+2
Subtotal+269
Usefulness Multiplierx1.10
Final Score+296

Project Details

Project URL
Description
Choco Up is Asia’s growth capital platform, offering revenue-based financing and growth solutions to digital merchants.
Audience Reach
everyone
Target Users
everyone
Technologies
Business Development
Traction Evidence
most people have used my product

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