Proof of Usefulness Report

Froiden

Analysis completed on 1/22/2026

+165
Proof of Usefulness Score
Gaining Momentum

The submission identifies 'Froiden' (a verified software company) but erroneously lists the project name as 'GoldenStone'. Froiden is an established software provider in India, best known for the 'Worksuite' CRM/HRM product on CodeCanyon (Envato Market), which has generated over 4,500 sales and verifiable revenue (~$300k/year). While the underlying business is legitimate and functional with a team of ~20-50, the submission quality is critically low, containing hyperbolic claims ('most people have used my product') and vague data ('everyone', 'null revenue'). The score reflects the company's verified moderate success in the B2B script market, heavily penalized for the lack of effort and accuracy 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+17.5
Audience Reach Impact+2.0
Technical Innovation+4.5
Evidence Of Traction+6.25
Market Timing Relevance+4.0
Functional Completeness+0.25
Subtotal+34.5
Usefulness Multiplierx0.96
Final Score+165

Project Details

Project URL
froiden.com
Description
Froiden is the parent company behind the suite of products which includes Worksuite, SnapHRM, Recruit and Appointo, \n\nFounded in March 2014, Froiden started as a software service provider but lately emerged as a product company. Froiden has its HQ in Jaipur, Rajasthan, India. \n\nThe company's suite of products is widely used by over 10,000 customers around the world.\n\n#DifferenceMatters\nWhile working with Froiden, one thing that you will experience the most is the difference from others in the way we work and see things, and why is this difference so important.\n

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