Proof of Usefulness Report

Rocketplace

Analysis completed on 1/29/2026

+3
Proof of Usefulness Score
You're In Business

The project 'Rocketplace' appears to be a defunct cryptocurrency venture. While the founder Louis Beryl is a verified figure with a strong track record (Earnest, Andreessen Horowitz), external search results indicate he has moved on to 'Four Cities Capital' and refers to Rocketplace in the past tense. The submission includes an outdated description claiming a 'fresh round of funding' and contains a blatantly false traction claim ('most people have used my product'). Due to the project likely being inactive and the submission containing invalid data, the real-world utility and traction scores are negligible.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.0
Technical Innovation+1.5
Evidence Of Traction+0.0
Market Timing Relevance+0.5
Functional Completeness+0.0
Subtotal+3.25
Usefulness Multiplierx0.92
Final Score+3

Project Details

Project URL
Description
At Rocketplace we're building a high-quality, low-cost, self-service cryptocurrency investment management platform. We are not just building another crypto exchange - our vision is to build the \"Fidelity for Crypto\" where “fund” distribution and “fund” management are at the center of our offering. We believe there will be an explosion of new digital financial products offered in the crypto space and all those products need distribution - and of course, from a customer perspective they will need appropriate disclosures and compliance, especially as regulation increases in our industry. \n\nOur founders have an enormous amount of fintech, regulatory, and startup experience which also gives them an unfair advantage. Louis and Ben, our co-founders, built Earnest together and previously Louis was also a partner at both Andreessen Horowtiz and Y-Combinator. He also founded a previous company that went public on the NYSE earlier this year for $3.5B. \n\nWe just raised a fresh round of funding from some of the best investors in fintech and we are actively hiring across many positions.

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