Proof of Usefulness Report

LifeReady

Analysis completed on 1/24/2026

+210
Proof of Usefulness Score
Gaining Momentum

LifeReady (lifeready.io) presents a digital legacy solution with proprietary encryption technology (KeyCrypt™), which appears to be its strongest asset. However, the submission is critically flawed, conflating the digital vault product with a large Australian physiotherapy group (Life Ready Health), claiming 400+ employees and a 2011 launch date that do not apply to the tech product. Furthermore, the traction claim 'most people have used my product' is verifiably false. The score reflects the potential of the underlying technology but is heavily penalized for data inaccuracy, false reach claims, and lack of verifiable user traction compared to the stated metrics.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+12.5
Audience Reach Impact+1.0
Technical Innovation+7.5
Evidence Of Traction+0.0
Market Timing Relevance+5.0
Functional Completeness+0.25
Subtotal+26.25
Usefulness Multiplierx0.80
Final Score+210

Project Details

Project URL
Description
People are living longer and more complex lives than ever before and have so much critical life information which the average person never curates or secures. When unexpected events occur, the impact on loved ones is significant. \n\nLifeReady users can aggregate, curate and encrypt valuable life information; personal secrets, assets and any other material. When it is needed, LifeReady delivers secure access on a conditional basis to trusted contacts to help administer an individual’s life portfolio. \n\nLifeReady has designed KeyCrypt™, a security architecture that provides the highest level of digital safety while also being secure against less sophisticated attacks such as fishing and identity theft. This type of security architecture has not been widely adopted as it removes the ability for service providers to view user data by treating each individual as an independent, unique and impenetrable vault.

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