Proof of Usefulness Report

ReFi Medellín

Analysis completed on 2/3/2026

+62
Proof of Usefulness Score
You're In Business

ReFi Medellín is a verified local DAO node with active initiatives in regenerative finance, including a UBI pilot and community gardens, supported by Gitcoin and Giveth grants. However, the submission itself was of very low quality, containing hyperbolic and false claims regarding user traction ('most people have used my product') which heavily penalized the score. While the project shows real-world utility and technical implementation (smart contracts/lending), it is currently a niche early-stage initiative with limited reach (<1,000 followers), placing it in the 'Minimal Traction' calibration tier.

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Score Breakdown

Real World Utility+20.00
Audience Reach Impact+5.00
Technical Innovation+9.75
Evidence Of Traction+6.75
Market Timing Relevance+8.00
Functional Completeness+0.25
Subtotal+49.75
Usefulness Multiplierx1.25
Final Score+62

Project Details

Description
Join the movement towards a more sustainable and equitable future in Medellín, Colombia with ReFI Local Node

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