Proof of Usefulness Report

Lovelace World

Analysis completed on 1/25/2026

-5
Proof of Usefulness Score
Lab Mode

The project 'Lovelace World' appears to be a dormant or failed Metaverse-as-a-Service crypto initiative from the 2021 cycle. External verification confirms the 'LACE' token has a market cap and trading volume effectively at zero, indicating the project has been abandoned or lost all traction. The submission contains multiple 'Red Flags', including the demonstrably false claim that 'most people have used my product' despite zero observable usage. The response quality is extremely poor, providing vague, hyperbolic answers ('everyone') and admitting to a null market cap. Consequently, the score is penalized heavily for lack of veracity and dead status.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+0.75
Evidence Of Traction-6.25
Market Timing Relevance+0.00
Functional Completeness+0.00
Subtotal-4.25
Usefulness Multiplierx1.15
Final Score-5

Project Details

Project URL
Description
Lovelace Worldis in the Non Fungible Tokens Industry

Algorithm Insights

Market Position
Early stage requiring focused development
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