Proof of Usefulness Report

Formalytics

Analysis completed on 1/22/2026

+4
Proof of Usefulness Score
You're In Business

The submission for 'Formalytics' lacks credibility and verifiable substance. The claim that 'most people have used my product' is demonstrably false for a B2B analytics platform with no visible web footprint (formalytics.io yields no significant search results). The project description relies on generic buzzwords without detailing specific utility, technology, or business models. The use of a numeric placeholder email and the lack of team or revenue data further indicate a low-effort or test submission. The project receives a near-zero score due to the absence of evidence, unrealistic claims, and lack of verifiable traction.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+0.75
Evidence Of Traction+0.00
Market Timing Relevance+1.50
Functional Completeness+0.25
Subtotal+3.75
Usefulness Multiplierx1.08
Final Score+4

Project Details

Project URL
formalytics.io
Description
Formalytics is a technology company that specializes in providing advanced analytics and data-driven solutions. Operating through their domain formalytics.io, the company focuses on leveraging cutting-edge technologies such as artificial intelligence and machine learning to deliver insights and optimize decision-making processes for businesses across various industries. Formalytics aims to empower organizations by transforming complex data into actionable intelligence, enhancing operational efficiency, and driving strategic growth. Their services are tailored to meet the unique needs of each client, ensuring that they can harness the full potential of their data assets.

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