Proof of Usefulness Report

Niftyz.io

Analysis completed on 2/3/2026

+35
Proof of Usefulness Score
You're In Business

Niftyz.io is a legitimate, early-stage B2B platform for tokenizing legal and business assets (e.g., invoices, IP). However, the project submission is of extremely low quality, containing demonstrably false claims (e.g., 'most people have used my product') and nonsensical data (e.g., 'space-technology', invalid email format). While the core utility of 'No-code Legal NFTs' has potential in a niche market, the project currently lacks significant verifiable traction (ranked ~700th by Tracxn) and faces a difficult post-hype market environment. The score reflects a functioning product heavily penalized for misleading submission data and minimal market footprint.

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Score Breakdown

Real World Utility+15.0
Audience Reach Impact+2.0
Technical Innovation+6.0
Evidence Of Traction+2.5
Market Timing Relevance+4.0
Functional Completeness+0.5
Subtotal+30
Usefulness Multiplierx1.15
Final Score+35

Project Details

Description
Niftyz is a Tokenization as a Service Platform that empower creators, businesses, and institutions to unlock the full potential of Web3.0. Over the past years, we've witnessed the technology's emergence and the utilization of tools like tokens and NFTs for marketing products and services, producing a spectrum of outcomes. However, at Niftyz, we envision a different path for this technology. We see Web3 as a powerful tool capable of reshaping how users and businesses engage, discreetly enhancing communication for increased seamlessness, accountability, and transparency. In pursuit of this vision, we proudly introduce two distinct products, each aligned with our ethos and tailored to cater to diverse audiences NiftyzOpen - Niftyz caters to various aspects of the digital landscape, including secure communication, digital assets monetisation, verified identity transactions, digital signatures, and the recording of these interactions on the blockchain. NiftyzSend - Additionally, Niftyz addresses legal processes, safeguarding intellectual property rights, enabling cease and desist letters for trademark infringement within the NFT space, and streamlining legal document notarization. With API integrations available for those with more technical acumen, Niftyz is not only user-friendly but also highly adaptable for users seeking bespoke solutions tailored to their unique requirements. We give you the tools, you open up a new market and new revenue opportunities! No need for a website, no need to code, no need for crypto, we do it all!

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