Netcapital is a verifiable, publicly traded (NASDAQ: NCPL) equity crowdfunding platform, which provides significant 'Real-World Utility' and regulatory legitimacy. However, the project submission contains major inaccuracies (claiming 500+ employees vs. actual ~25; launch date 2008 vs. actual ~2014; revenue as 'marketcap'). Financially, the company is in distress with revenue declining ~90% YoY (Fiscal 2024) and operating losses. While the platform functions and has processed millions in capital, the combination of declining business health and a low-quality, hyperbolic submission ('most people have used my product') significantly suppresses the score relative to a thriving entity. The score reflects established infrastructure weighed down by poor current performance and submission integrity.
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Score Breakdown
Project Details
Algorithm Insights
Recommendations to Increase Usefulness Score
Document User Growth
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Showcase Revenue Model
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Expand Evidence Base
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Technical Roadmap
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