Proof of Usefulness Report

CommonShare

Analysis completed on 2/6/2026

+462
Proof of Usefulness Score
Industry Mainstay

CommonShare is a legitimate supply chain traceability platform with verifiable estimated annual revenue between $1M-$4M and a team of ~30 employees, contrasting sharply with the submission's false claims of 'everyone' as the audience and 'most people' having used it. While the project demonstrates strong real-world utility and market timing given supply chain regulations, the submission quality is extremely poor, containing inaccurate data and vague assertions. The score reflects the underlying business value adjusted downward for the lack of verifiable evidence provided in the entry.

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+21.25
Audience Reach Impact+4.0
Technical Innovation+9.0
Evidence Of Traction+8.13
Market Timing Relevance+9.0
Functional Completeness+0.0
Subtotal+51.38
Usefulness Multiplierx0.9
Final Score+462

Project Details

Project URL
commonshare.com
Description
CommonShare is the leading protocol dedicated to fostering sustainable, traceable, and resilient supply chains. Through strategic partnerships with companies, manufacturers, certification bodies, and industry experts, we deliver digital solutions that drive traceability and sustainability. The company’s collaborative compliance platform empowers organizations to seamlessly gather, analyze, and optimize their supply chains in conjunction with manufacturers and producers. CommonShare's verified claims platform streamlines the management of traceability and compliance verifications across different industry participants. Its extensive marketplace connects companies with a network of experts, enhancing their ability to achieve sustainable procurement targets swiftly and efficiently.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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