Proof of Usefulness Report

FlyFeed

Analysis completed on 1/21/2026

+14
Proof of Usefulness Score
You're In Business

FlyFeed is a verified insect farming startup founded in 2021 that raised ~$3M in seed funding (2022). However, multiple financial intelligence sources (PitchBook, Tracxn) classify the company as 'Out of Business' or 'Deadpooled' as of late 2024. The submission itself is of extremely low quality, containing patently false claims (e.g., 'most people have used my product') and vague data. While the underlying concept addressed a real problem (food security), the venture appears to have failed, and the submission does not accurately reflect reality.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+0
Technical Innovation+40
Evidence Of Traction+0
Market Timing Relevance+10
Functional Completeness+10
Subtotal+12.25
Usefulness Multiplierx1.15
Final Score+14

Project Details

Project URL
Description
Insect farming startup that produces insect protein, fat and fertilizers from black soldier flies.

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