Proof of Usefulness Report

Drip

Analysis completed on 1/19/2026

+538
Proof of Usefulness Score
Industry Mainstay

Drip (dripshop.live) is a legitimate, venture-backed Series A company with ~$28.5M in funding and significant market traction (est. $5.4M revenue), positioning it well above the calibration baseline for scale. However, the specific submission provided is of extremely low quality, containing hyperbolic claims ('most people have used my product'), false data ('everyone' as audience), and inaccurate metadata (2013 launch vs actual 2021). The score reflects the strong underlying business reality, heavily penalized for the poor quality and reliability of the submission data.

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+37
Technical Innovation+35
Evidence Of Traction+72
Market Timing Relevance+75
Functional Completeness+5
Subtotal+597
Usefulness Multiplierx0.90
Final Score+538

Project Details

Project URL
Description
Drip (Dripshop.live) is a fast-growing, VC-backed live shopping platform and community focused on collectibles and NFTs. Our platform enables streamers to build a community and earn a living around the collectibles they love.\n\nSince launching in April 2021, our revenue has grown over 500x and we’ve raised two rounds of funding from top Silicon Valley investors, including early backers of Coinbase, Uber and Postmates.
Audience Reach
everyone
Target Users
everyone
Technologies
Venture Capital, Social Media, Ecommerce
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