Proof of Usefulness Report

Quikkloan.com - Digital loan marketplace

Analysis completed on 1/28/2026

+219
Proof of Usefulness Score
Gaining Momentum

Quikkloan is a verified fintech entity (founded 2016, seed funded ~$148K) aiming to provide loans to the underbanked in India. However, the project submission is of extremely low quality, utilizing a generic job description instead of a product summary and making demonstrably false claims about traction ('most people have used my product'). Furthermore, the website appears currently inactive or de-indexed, suggesting the business may be dormant or operating solely offline/via-app without a strong digital footprint. The score reflects the legitimate historical foundation penalized heavily for current ambiguity and poor submission integrity.

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Score Breakdown

Real World Utility+90.0
Audience Reach Impact+30.0
Technical Innovation+66.0
Evidence Of Traction+25.0
Market Timing Relevance+54.0
Functional Completeness+2.5
Subtotal+267.5
Usefulness Multiplierx0.82
Final Score+219

Project Details

Project URL
Description
- design, develop, test and document high-quality, high-performance web applications or interfaces, taking code quality and security into account\n- research and develop new solutions based on current technologies\n- create effort estimates, architectural documentation and feasibility studies in collaboration with our software architects\n- ttogether with a software architect, you take responsibility for the implementation of projects and the guidance of the developers with regard to quality, effort, target achievement and deadlines

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