Round 1 Winners!
Proof of Usefulness Report

Peryls

Analysis completed on 3/22/2026

+19.95
Proof of Usefulness Score
You're In Business

The project proposes a valid concept for insurance coverage comparison but exhibits massive red flags regarding traction and validity. Claims such as 'most people have used my product' and 'all time marketcap: 500000' for monthly revenue are heavily exaggerated and unsupported. The submission lacks technical detail, verifiable user metrics, and professional clarity, resulting in an exceptionally low score indicative of zero verifiable traction.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility0.25) × 1.0
Audience Reach Impact0.20) × 0.5
Technical Innovation0.15) × 0.5
Evidence Of Traction0.25) × 0.5
Market Timing Relevance0.10) × 1.0
Functional Completeness0.05) × 0.5
Subtotal+21
Usefulness Multiplierx0.95
Final Score+20

Project Details

Project URL
Description
Providing an overall review of one insurance contract versus another, we help brokers, agents, and clients understand the "y" when it comes to switching from one company to another. Price is important, however losing coverage is costly.Peryls uses a proprietary analysis of insurance contracts to score them and help the client understand just what they may gain or lose when moving from one company to another. Through the use of Artificial Intelligence, Machine Learning, and Behavioral Science, Peryls can quickly provide information on personal lines insurance contracts and other coverage add ons to see if it is broader or more restrictive than their current coverage.Thus helping brokers, agents, and clients make a more informed decision on if to switch and save money.

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