Nested Finance is a legitimate DeFi social trading platform that successfully raised $7.5M in Series A funding (2022). However, despite a functional product that innovatively uses NFTs to represent portfolios ('NestedNFTs'), the project currently exhibits 'zombie' metrics with a Total Value Locked (TVL) of only ~$200k, indicating a massive loss of momentum and user base. The submission itself is of extremely low quality, containing hyperbolic falsehoods (e.g., claiming 'most people have used my product' and 'everyone' as the audience), which severely penalized the traction and reach scores. While the technology has utility, the lack of current adoption and the dishonest submission result in a low Proof of Usefulness score.
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