Proof of Usefulness Report

Circular Fiber SRL

Analysis completed on 2/2/2026

+196

Proof of Usefulness Score

Gaining Momentum

Circular Fiber SRL is a verified early-stage Italian startup (founded 2022) producing 'Karshof' flour from artichoke waste. While the concept supports the circular economy and has secured patents and accelerator support (Terra Next), the submission contains significant inaccuracies (claiming 'most people' have used it and confusing market cap with revenue). Actual revenue is minimal (~€26k in 2024) and the company is in a pre-seed/seed phase, contradicting the inflated traction claims.

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Score Breakdown

Real World Utility+10.0

Audience Reach Impact+1.0

Technical Innovation+6.75

Evidence Of Traction+1.25

Market Timing Relevance+5.0

Functional Completeness+0.5

Subtotal+24.5

Usefulness Multiplierx0.80

Final Score+196

Project Details

Project URL

https://circularfiber.it

Description

Circular Fiber pioneers food waste reduction by converting artichoke by-products into Karshof flour. We employ cutting-edge sustainable technology to extract and process these waste materials, promoting eco-conscious and nutritious ingredients.

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