Proof of Usefulness Report

Echofeel Technology Solutions

Analysis completed on 2/4/2026

+56
Proof of Usefulness Score
You're In Business

The project represents a legacy IT services company (est. 2003) rather than a scalable technology product. While the business likely exists, the submission contains significant red flags: claiming 'everyone' as the audience, citing obsolete technology ('Flash demos'), and making demonstrably false traction claims ('most people have used my product'). The 'marketcap' figure is ambiguous and likely conflates revenue with valuation. There is no evidence of recent innovation or significant market impact.

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Score Breakdown

Real World Utility+31.25
Audience Reach Impact+5.00
Technical Innovation+7.50
Evidence Of Traction+6.25
Market Timing Relevance+10.00
Functional Completeness+2.50
Subtotal+62.5
Usefulness Multiplierx0.9
Final Score+56

Project Details

Project URL
echofeel.com
Description
Established in the year 2003, EchoFeel is a software solutions company based in Mahim, Mumbai with clients in India, UK & Africa. We are capable of delivering comprehensive Web Solutions, Internet applications, Client-Server, and other Customized Software applications as per client requirements. Strong technology skills are the defining USP of EchoFeel. The company has engineers and architects working on the Microsoft platform. A team of designers and graphic visualizers excel in creating lightweight home pages, creative flash demos, intuitive navigation, and user-friendly forms and screen layouts. The EchoFeel QC team ensures that all development is bug-free and adheres to the specifications. We have devevleoped 25+ software solutions spanned across multiple industries. Below are our flagship products: echofeel FinServe: Our Supply Chain Financing Solutions FinServe is a cutting-edge platform designed to transform the way supply chain financing operates. With the mission to bridge gap between suppliers and buyers, our platform provides a seamless and secure environment for businesses to optimize their cash flow, streamline operations and drive growth. echofeel LoyaltyPulse: The loyalty framework can be used as a simple earnings and redemption program to start with and as it gains popularity you can introduce/activity more and more useful features. The framework is easily customizable and can be up and running with the company branding in a matter of days.

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