SMAPE Capital is a verified Venture Capital firm based in Germany, focusing on tokenized economies and web3. While the entity is legitimate and has successfully closed its first fund (June 2024), the project submission itself is of extremely low quality, containing demonstrably false claims (e.g., audience reach is 'everyone' and traction is 'most people have used my product'). As a VC firm, it lacks the direct technical utility or mass scalability typical of software projects evaluated by this metric, resulting in a low score driven by niche reach, lack of product innovation, and poor submission data.
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