Proof of Usefulness Report

Indify

Analysis completed on 1/23/2026

+390
Proof of Usefulness Score
Certified Problem Solver

Indify is a legitimate, venture-backed music investment platform operating since 2015 with over $4M in funding. However, the submission itself provided extremely poor, hyperbolic, and verifiable false data (e.g., claiming 'most people' use it). While the real-world utility and market timing are strong, the project's score is significantly penalized by the lack of credible evidence in the submission and the unverified blockchain claims.

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Score Breakdown

Real World Utility+200.0
Audience Reach Impact+40.0
Technical Innovation+45.0
Evidence Of Traction+68.75
Market Timing Relevance+75.0
Functional Completeness+5.0
Subtotal+433.75
Usefulness Multiplierx0.9
Final Score+390

Project Details

Project URL
Description
Indify enables promising artists to get the funding they need to grow their careers without a traditional record deal.\n\nLaunched in 2015 as an artist-discovery platform for music industry talent scouts, Indify is built around a proprietary discovery algorithm that identifies artists poised for breakout success. Today this same technology allows us to find artists likely to succeed with direct investment.\n\nEquity and ownership are central to Indify’s work. Every deal struck through our platform is governed by three principles, designed to avoid unfair business arrangements:\n\n*Artists own their masters: They made the music. They own it.\n*Fair deals only: Artists always get 50% or more of profits post-recoupment\n*Artists keep creative control: It’s their career. They call the shots.\n\nFounded in 2015 by Shav Garg, Connor Lawrence, and Matt Pavia, Indify’s mission is to build the infrastructure for a new music business. Indify is headquartered in New York City and built by a distributed team. \n\nLearn more at indify.io

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