Proof of Usefulness Report

Loopin

Analysis completed on 1/25/2026

+68
Proof of Usefulness Score
You're In Business

The submission contains significant contradictions. The URL (loopin.ai) belongs to an AI meeting assistant (funded ~$820k, potentially inactive/deadpooled), while the Business Type and Launch Date (2018) match 'Loopin' (letsloopin.com), an employee engagement platform (funded ~$5.6M). The Description claims 'Finance-Accounting', which matches neither. Traction claims ('most people have used my product') are demonstrably false. Evaluation assumes the project is the legitimate 'Loopin' employee platform, but scores are heavily penalized for inaccurate data and false traction claims.

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Score Breakdown

Real World Utility+75
Real World Utility Quality Factor+1
Audience Reach Impact+30
Audience Reach Impact Quality Factor+0.5
Technical Innovation+60
Technical Innovation Quality Factor+1
Evidence Of Traction+70
Evidence Of Traction Quality Factor+0.8
Market Timing Relevance+80
Market Timing Relevance Quality Factor+1
Functional Completeness+10
Response Quality Quality Factor+0.5
Subtotal+53
Usefulness Multiplierx1.15
Final Score+61

Project Details

Project URL
Description
Loopinis in the Finance-Accounting Tech Industry

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