Proof of Usefulness Report

LYK

Analysis completed on 1/25/2026

+245
Proof of Usefulness Score
Gaining Momentum

LYK is a functional social network launched in 2014 with a verified user base of ~550,000 registered users, though active usage is significantly lower (~50,000 MAU). The platform focuses on granular privacy controls ('5 levels of connections'), which addresses a genuine user need but adds friction. While the download count places it in the 'Small but promising' tier, the low daily active user ratio (3,000 DAU) and the exaggerated claim that 'most people have used my product' negatively impact the score. The project demonstrates real-world utility and longevity but struggles with high retention and market saturation.

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Score Breakdown

Real World Utility+11.25
Audience Reach Impact+4.8
Technical Innovation+4.5
Evidence Of Traction+7.0
Market Timing Relevance+3.0
Functional Completeness+1.5
Subtotal+32.05
Usefulness Multiplierx0.76
Final Score+245

Project Details

Project URL
lykapp.com
Description
LYK is a new age Social Network with Privacy where users can express, share, and connect with full freedom. \n\nLYK offers users a safe online social environment where they can control their online identity and visibility. Our unique privacy features enable users to manage their social networking experience. Our privacy features include:\n- LYK’s 5 levels of connections (close, close private, family, likeminded, and likeminded private)\n- Private message in group chat\n- Private comments on public posts\n- Choosing audiences for each post\n\nLYK also rewards users for their time with Wallet Points, through which user can unlock activities and redeem rewards or cash (Available in select countries only)\n\nLYK has over 550,000 registered users, with an average of 3000 daily active users and 50,000 monthly active users. Our community is growing faster every day.\n\n

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