Proof of Usefulness Report

IronVest

Analysis completed on 1/24/2026

+642
Proof of Usefulness Score
Category Standard

IronVest is a verified, well-funded ($38M+) RegTech company specializing in biometric fraud prevention and decentralized identity, formed from the acquisition of Abine (Blur). Despite the high quality of the project itself (strong utility, significant funding, and advanced technology), the specific submission provided was extremely low quality, containing hyperbolic claims ('most people have used my product') and sparse data. The score reflects the strong underlying reality of the business, penalized by the poor quality of the evidence provided in the submission.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+120.0
Technical Innovation+127.5
Evidence Of Traction+148.8
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+713.8
Usefulness Multiplierx0.90
Final Score+642

Project Details

Project URL
Description
IronVestis in the RegTech Industry

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