Proof of Usefulness Report

EVEDEX

Analysis completed on 2/4/2026

-1
Proof of Usefulness Score
Lab Mode

The submission for EVEDEX contains significant red flags, including unverifiable and hyperbolic claims of traction ('most people have used my product') and irrelevant technology tags ('space-technology'). Internet searches yield no evidence of a functioning exchange, team, or user base associated with the domain. The response quality is extremely low, and the project appears to be a placeholder or spam submission with no real-world utility or market presence.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+0.00
Evidence Of Traction-2.50
Market Timing Relevance+0.50
Functional Completeness+0.00
Subtotal-0.75
Usefulness Multiplierx1.00
Final Score-1

Project Details

Project URL
evedex.com
Description
EVEDEX is a company that operates in the digital asset and cryptocurrency space. Through its platform, EVEDEX provides users with a comprehensive exchange service for trading a wide range of cryptocurrencies. The company focuses on delivering a secure, user-friendly, and efficient trading experience, catering to both novice and experienced traders. EVEDEX aims to empower its users by offering advanced trading tools, real-time market data, and robust security measures to protect their digital assets. With a commitment to innovation and customer satisfaction, EVEDEX strives to be a leading player in the evolving cryptocurrency market.

Algorithm Insights

Market Position
Early stage requiring focused development
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