Proof of Usefulness Report

Plover Parametrics

Analysis completed on 1/28/2026

+15
Proof of Usefulness Score
You're In Business

The submission refers to 'Plover Parametrics', a legitimate business entity (YC S19) in the parametric insurance sector. However, the submission quality is critically low, characterized by unverifiable and hyperbolic claims (e.g., 'most people have used my product') and missing data (revenue 'null', team size 'null'). While the underlying concept of risk management for insurance has real-world utility, the lack of evidence, false reach claims, and poor response quality result in a negligible score significantly below the calibration baseline.

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Score Breakdown

Real World Utility+7.50
Audience Reach Impact+1.00
Technical Innovation+2.25
Evidence Of Traction+0.63
Market Timing Relevance+2.50
Functional Completeness+0.25
Subtotal+14.13
Usefulness Multiplierx1.08
Final Score+15

Project Details

Project URL
Description
Plover Parametricsis in the Internet First Insurance Platforms Industry

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