Proof of Usefulness Report

Fides

Analysis completed on 1/21/2026

+198
Proof of Usefulness Score
Gaining Momentum

The project 'Fides' (Fides Technology GmbH) is a legitimate, venture-backed (approx. $4.3M Seed) B2B data governance and entity management platform based in Munich. However, the submission itself is of extremely low quality, containing demonstrably false claims (e.g., 'most people have used my product', 'audience reach: everyone') and typos. The evaluation score prioritizes the verified external evidence of the project's utility and traction (customers like Chrono24, Pitch) over the poor submission data, classifying it as 'Small but promising' while applying penalties for the unreliable input.

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Score Breakdown

Real World Utility+85.0
Audience Reach Impact+16.0
Technical Innovation+33.0
Evidence Of Traction+52.0
Market Timing Relevance+32.0
Functional Completeness+2.0
Subtotal+220
Usefulness Multiplierx0.90
Final Score+198

Project Details

Project URL
Description
Fidesis in the GRC Software 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