Round 1 Winners!
Proof of Usefulness Report

Truuth

Analysis completed on 3/22/2026

+92
Proof of Usefulness Score
You're In Business

The project targets a highly relevant sector with its KYC and digital identity tools. However, the submission is undermined by severely exaggerated and conflicting claims, such as an audience reach of 'everyone' and stating 'most people have used my product', which starkly contrasts with the stated 'all time marketcap' of 500,000. Due to these vague and unsupported metrics, a 0.5 quality penalty has been applied across all scoring criteria, relegating the project to the minimal traction tier.

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Score Breakdown

Real World Utility+50
Audience Reach Impact+5
Technical Innovation+15
Evidence Of Traction+5
Market Timing Relevance+20
Functional Completeness+5
Subtotal+100
Usefulness Multiplierx0.92
Final Score+92

Project Details

Project URL
Description
At truuth, our mission is to provide the world's most secure, accurate and user-friendly digital identity service. In 2020 we are building a set of products for enterprises that will allow businesses to offer industry-leading solutions for their customers throughout their on-boarding and identity verification processes. Our truuth KYC product will solve inherent weaknesses in current KYC processes by harnessing multiple biometrics and dynamic liveness testing to provide a secure and seamless on-boarding experience. truuth Identity will harness the benefits of a our multiple-biometric approach to provide customers with more secure identity verification and enterprises can leverage real-time identity scoring to prompt higher levels of authentication as necessary. truuth Verify scans customer documents and extracts key fields to enable verification of authenticity. Verify applies machine-learning to test for document falsification and enables the application of visible and invisible watermarks to prove ownership. We are also designing our own truuth consumer app, a service that will allow users to secure and monetise their own personal information. These enterprise and consumer products all serve to realise our aim to empower consumers to reclaim ownership of their identity.

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