Proof of Usefulness Report

Edufied

Analysis completed on 1/20/2026

+65
Proof of Usefulness Score
You're In Business

Edufied is a verified Singapore-based credentialing startup (founded 2018) with legitimate institutional clients (e.g., AMA Education System) and seed funding (~$559k). However, the submission quality is extremely poor, containing hyperbolic falsehoods ('most people have used my product') and mislabeled financial data ('marketcap' used for valuation). While the underlying project has real-world utility and B2B traction in Southeast Asia, the score is capped by its niche regional reach and the unprofessional nature of the submission.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+8.0
Technical Innovation+9.0
Evidence Of Traction+16.25
Market Timing Relevance+6.5
Functional Completeness+0.25
Subtotal+60
Usefulness Multiplierx1.08
Final Score+65

Project Details

Project URL
Description
Edufied is a Blockchain-based Credential Storage \u0026 Verification System that allows Issuers from Academic, Professional or Government agencies to issue e-credentials with ease, preventing any fake certificates/claims from happening. The system also improves work efficiency by reducing the amount of admin work like attending to call-in verification or certificate reprint request.\n\nFor receivers, they will be given an academic \u0026 training passport to store and share their credentials securely and easily, PROVIDING THE LAST MILE VALIDATION.

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