Proof of Usefulness Report

BlocLogic

Analysis completed on 2/20/2026

+12
Proof of Usefulness Score
You're In Business

The project 'GoldenSpirit' by BlocLogic Ltd presents significant contradictions. While BlocLogic Ltd appears to be a legitimate small software consultancy in the UK, there is no public record of a product named 'GoldenSpirit'. The submission claims 'most people have used my product' and lists an audience of 'everyone', which are demonstrably false claims given the lack of digital footprint. The revenue metric ('marketcap: 500000') is ambiguous and unsupported. The submission suffers from extreme vagueness and hyperbolic claims, resulting in a score reflecting minimal verifiable utility or traction.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+30
Quality Factor Utility+0.5
Audience Reach Impact+5
Quality Factor Reach+0.5
Technical Innovation+20
Quality Factor Innovation+0.5
Evidence Of Traction+0
Quality Factor Traction+0.5
Market Timing Relevance+40
Quality Factor Timing+0.5
Functional Completeness+10
Quality Factor Response+0.5
Subtotal+8
Usefulness Multiplierx1.15
Final Score+9

Project Details

Project URL
Description
rapid build IOT on low-cost cloud computing

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