Proof of Usefulness Report

NYCE.

Analysis completed on 1/26/2026

+272
Proof of Usefulness Score
Gaining Momentum

NYCE (New York City Estate) is a verifiable fintech entity with a strong mission to bridge the wealth gap via fractional real estate investing. The project has demonstrated significant external traction, including breaking crowdfunding records (raising $1M+ rapidly) and building a community of over 100,000 investors (TRIBE). However, the specific submission provided is of extremely low quality, containing hyperbolic and unverifiable claims (e.g., 'most people have used my product', 'everyone') and omitting key financial or user data. While the underlying business has high real-world utility and market timing, the score is penalized heavily by the lack of direct evidence in the submission and the exaggerated reach claims compared to the actual niche scale.

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Score Breakdown

Real World Utility+90.0
Audience Reach Impact+52.0
Technical Innovation+50.0
Evidence Of Traction+64.0
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+67.8
Usefulness Multiplierx4.0
Final Score+272

Project Details

Project URL
Description
We're on a mission to create 100,000 millionaires of color by 2030.

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