Proof of Usefulness Report

Gigatech Pte. Ltd.

Analysis completed on 1/24/2026

+8
Proof of Usefulness Score
You're In Business

The submission describes 'Gigatech Pte. Ltd.', a Singapore-based entity that appears to be legally 'Struck Off' (deregistered) as of 2022/2024 according to Singapore business records. While the backing by DataSoft (Bangladesh) lends some historical credibility, the submission is plagued by hyperbolic claims (e.g., 'most people have used my product', audience 'everyone') and ambiguous financial data ('marketcap: 500000'). The specific project/entity appears inactive or defunct, and the submission quality is critically low.

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Score Breakdown

Real World Utility+30
Quality Factor Utility+0.5
Audience Reach Impact+5
Quality Factor Reach+0.5
Technical Innovation+10
Quality Factor Innovation+0.5
Evidence Of Traction+5
Quality Factor Traction+0.5
Market Timing Relevance+20
Quality Factor Timing+0.5
Functional Completeness+10
Quality Factor Response+0.5
Subtotal+6.88
Usefulness Multiplierx1.15
Final Score+8

Project Details

Project URL
gigatech.sg
Description
Gigatech Pte Ltd is a Singapore based Technology Startup with an attuned interest in Fintech, Block chain, AR-VR applications, IoT & Software based solutions. Founded in 2017 and backed by DataSoft, one of the leading software companies from Bangladesh with CMMi Level 5 and ISO 9001: 2008 certification; Gigatech aims to provide qualitative, scalable and user friendly web and application development with a local contact point. Cost effective and Service oriented approach sets Gigatech apart from others.

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