Proof of Usefulness Report

CoAct Capital

Analysis completed on 2/7/2026

+284
Proof of Usefulness Score
Gaining Momentum

Project is a legitimate Australian Venture Capital firm (Co:Act Capital) with a verifiable portfolio (e.g., Flippa, Vantari VR). However, the submission quality is critically low: the project name 'StarShade' appears to be a copy-paste error or hallucination (Starshade is a NASA concept), and traction claims ('most people have used my product') are false. The score reflects the underlying validity of the business entity (Micro-VC) while heavily penalizing the inaccurate and low-effort submission data.

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Score Breakdown

Real World Utility+130
Audience Reach Impact+30
Technical Innovation+15
Evidence Of Traction+75
Market Timing Relevance+60
Functional Completeness+5
Subtotal+315
Usefulness Multiplierx0.90
Final Score+284

Project Details

Project URL
coact.vc
Description
Co:Act is an investment partnership of experienced venture investors with a network of founders, business leaders and family offices. Co:Act Venture Fund I is focused on early-stage Australian technology and innovation led companies at the Series A stage. Our experience includes founding start-ups that have grown into ASX listed companies, leading venture investment funds, managing significant Australian family offices, and leading established Australian businesses. We seek to provide innovative Australian start-up companies with more than capital and experience. We deliver an extensive network that provides those companies with a vast range of experience across multiple sectors and stages of development to mobilise capital, source talent, and develop and promote their technology, innovation, product, or service.

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