Proof of Usefulness Report

Ebid Limited

Analysis completed on 2/5/2026

+7
Proof of Usefulness Score
You're In Business

The submission appears to be a low-quality or fraudulent claim associated with the well-known auction platform 'eBid'. The submitter ('ShadowKeeper') uses a user-forwarding email alias implies they are a user of the platform rather than the platform owner. Key claims, such as a 2010 launch date (eBid launched in 1998) and 'most people have used my product', are demonstrably false. The revenue metric ($50k market cap) is nonsensical for the actual brand. This project lacks verifiable proof of usefulness or legitimate ownership.

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Score Breakdown

Real World Utility+2.50
Audience Reach Impact+1.00
Technical Innovation+0.75
Evidence Of Traction+1.25
Market Timing Relevance+1.00
Functional Completeness+0.25
Subtotal+6.75
Usefulness Multiplierx1.05
Final Score+7

Project Details

Project URL
ebid.net
Description
Our focus is to create a vibrant and trusted marketplace for services to advertise free customizable services that allow local businesses to attarct new customers. We share a vision and dedication of the powerful online channel of connecting local businesses with consumers.

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