Proof of Usefulness Report

Kutt

Analysis completed on 1/24/2026

+29
Proof of Usefulness Score
You're In Business

Kutt addresses a specific niche in P2P social betting, attempting to solve the settlement friction between friends. However, the submission quality is extremely poor, containing demonstrably false claims regarding traction ('most people have used my product') and missing critical data (active users, revenue). Despite a relevant market sector, the project's status as a 'closed-Beta' since a 2019 launch suggests stagnation or significant scaling hurdles. The evaluation is heavily penalized for lack of verifiable evidence and hyperbolic statements.

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Score Breakdown

Real World Utility+17.5
Audience Reach Impact+2.0
Technical Innovation+3.0
Evidence Of Traction+1.25
Market Timing Relevance+7.0
Functional Completeness+0.25
Subtotal+31
Usefulness Multiplierx0.94
Final Score+29

Project Details

Project URL
Description
Kutt is a P2P social betting platform that allows friends and strangers to bet real money on sports, politics, entertainment, and other events electronically. Think of it as a much better version of Venmo, but for betting - a formal platform that allows anyone to bet with a known counterparty, ensures the winner of each bet will be paid, and has a ton of ancillary features that give it the feel of a social network.\n\nWe are currently operating a closed-Beta and are actively fundraising.

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