Proof of Usefulness Report

Loql

Analysis completed on 1/25/2026

+11
Proof of Usefulness Score
You're In Business

The project 'Loql' appears to be a dormant or failed initiative originally launched in 2020 to support the Berkhamsted high street. Companies House records indicate the associated entity 'Loql Digital Ltd' is dormant as of 2024. The submission contains demonstrably false claims, such as 'most people have used my product' and 'audience reach: everyone', despite the project being hyper-local and currently inactive. The reported market cap is unsubstantiated for a non-profit/dormant entity. Due to the lack of active operations, verifiable traction, and the low quality of the submission, the Proof of Usefulness score is minimal.

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Score Breakdown

Real World Utility+5.0
Audience Reach Impact+1.0
Technical Innovation+1.5
Evidence Of Traction+0.63
Market Timing Relevance+1.5
Functional Completeness+0.25
Subtotal+9.88
Usefulness Multiplierx1.12
Final Score+11

Project Details

Project URL
Description
Loql is a team of digital experts and local business people focused on making a difference to our high streets. Berkhamsted is the first community we’re looking to help with many more to follow across the UK. We’re a not for profit organisation so any money we make above our running costs is invested back into the products, services and infrastructure we provide to those communities.

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