Ryft (ryftpay.com) is a verifiable, FCA-regulated fintech based in the UK, providing automated payout solutions for marketplaces. External verification confirms significant traction, including £7.4M+ in funding (Series A) and over 1,500 merchant clients. However, the submission itself was of extremely low quality, containing vague claims (e.g., 'most people have used my product'), typos, and minimal data. The Proof of Usefulness score reflects the high real-world utility and verified traction of the business, heavily discounted by the poor quality of the provided evidence.
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Score Breakdown
Project Details
Algorithm Insights
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