Trakx is a legitimate, compliant fintech project registered with the French AMF and backed by ConsenSys, offering crypto tradable indices. However, the submission quality is extremely poor, containing demonstrably false claims (e.g., 'most people have used my product') and lacking verifiable data. While the regulatory status and backing suggest real-world utility and professional operations, the public metrics (low token volume) and the unprofessional submission heavily penalize the score.
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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