Round 1 Winners!
Proof of Usefulness Report

Coded Alchemy

Analysis completed on 3/19/2026

+80
Proof of Usefulness Score
You're In Business

Coded Alchemy is presented as a software development agency with a purported 30-person team. However, the submission is plagued by vague assertions, highly exaggerated claims (e.g., 'most people have used my product'), and nonsensical metrics for an agency ('all time marketcap: 2500000'). Due to the lack of verifiable evidence, missing details on active users, and generic technical explanations, the project receives a 0.5 quality penalty across all criteria, placing it firmly in the minimal traction category.

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Score Breakdown

Real World Utility+37.5
Audience Reach Impact+5.0
Technical Innovation+7.5
Evidence Of Traction+12.5
Market Timing Relevance+10.0
Functional Completeness+1.25
Subtotal+73.75
Usefulness Multiplierx1.08
Final Score+80

Project Details

Project URL
Description
Websites. Mobile applications. Legacy migrations. AI and machine learning. Software from scratch. Business automation. Big Data. You name it, we've done it. Building strategic solutions that solve real-world business problems and help our clients grow and thrive is what we do best. We don’t follow a one-size-fits-all approach. Your business needs are unique, which is why we bring a strategic approach to every project and create software solutions for YOU.

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