Proof of Usefulness Report

FERMAT

Analysis completed on 1/21/2026

+168
Proof of Usefulness Score
Gaining Momentum

The project 'FERMAT' (fermatcommerce.com) is a legitimate, venture-backed distributed commerce platform (Series A) with significant real-world utility for D2C brands. However, the submission itself is of extremely low quality, containing factual inaccuracies (claiming 'blockchain' and 'decentralization' technologies where none exist), hyperbolic claims ('most people have used my product'), and zero verifiable evidence. The score reflects the strong underlying business fundamentals found via external verification, severely penalized by the lack of proof and clarity in the submission.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+45.0
Audience Reach Impact+24.0
Technical Innovation+24.0
Evidence Of Traction+40.0
Market Timing Relevance+19.0
Functional Completeness+1.0
Subtotal+153
Usefulness Multiplierx1.1
Final Score+168

Project Details

Description
FERMATis in the Brands Tech Industry

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