Proof of Usefulness Report

Element79 Gold Corp.

Analysis completed on 2/6/2026

+28
Proof of Usefulness Score
You're In Business

The submission represents Element79 Gold Corp, a junior mining exploration company, rather than a technology project. The evaluation is severely impacted by exaggerated claims (e.g., audience is 'everyone' and 'most people have used my product'), which are factually incorrect for a micro-cap exploration firm. While the extraction of precious metals has inherent utility, the project lacks the technological innovation, verifiable user traction, and scale required for a high PoU score. The response quality was poor, with minimal effort and misunderstood metrics (market cap provided as revenue).

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Score Breakdown

Real World Utility+12.0
Audience Reach Impact+1.5
Technical Innovation+1.5
Evidence Of Traction+6.0
Market Timing Relevance+5.0
Functional Completeness+0.25
Subtotal+26.25
Usefulness Multiplierx1.05
Final Score+28

Project Details

Project URL
Description
Element79 is a gold and precious metals mining and exploration company focused on the acquisition and development of high-potential assets located in favourable, established mining jurisdictions. We are big believers in gold, and that we believe we're about to enter a bull run in the precious metals sector for a variety of reasons.

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