Proof of Usefulness Report

11th Space

Analysis completed on 2/3/2026

+21
Proof of Usefulness Score
You're In Business

The project '11th Space' is a legitimate physical co-working and business incubator hub located in Melbourne and Jakarta, established around 2018 under Navanti Holdings. However, the submission itself is of extremely low quality, characterizing a real estate service as 'space-technology' and making demonstrably false claims about audience reach ('everyone') and traction ('most people have used my product'). As a non-technical physical business submitted with hyperbolic and inaccurate data, it scores very low on the Proof of Usefulness scale for technology projects.

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Score Breakdown

Real World Utility+30.00
Audience Reach Impact+10.00
Technical Innovation+5.00
Evidence Of Traction+25.00
Market Timing Relevance+40.00
Functional Completeness+5.00
Subtotal+20.75
Usefulness Multiplierx1.02
Final Score+21

Project Details

Project URL
http://www.11thspace.com
Description
11th Space is a business hub and incubator located in the heart of Melbourne CBD on Collins St. We exist to empower entrepreneurs through our business growth ecosystem and assist aspiring entrepreneurs to launch their business through the NCubation business incubator program. 11th Space is part of the Navanti Holdings group of diversified businesses in Asia and Australia, with a new hub in Jakarta just launched early this year.

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