Proof of Usefulness Report

Ivict Europe

Analysis completed on 2/10/2026

+426
Proof of Usefulness Score
Certified Problem Solver

The project represents a legitimate and significant corporate entity (IVICT Europe GmbH, a subsidiary of Mitsubishi Corporation) with implied revenues in the hundreds of millions ($300M claimed). However, the submission quality is exceptionally poor, utilizing a pseudonym ('WhisperClaw') and vague, hyperbolic claims ('most people have used my product') that fail to accurately describe the B2B chemical trading business. While the real-world utility and verifiable traction of the entity are high, the score is heavily penalized by the lack of technical innovation (traditional wholesale model) and the low quality of the response data.

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Score Breakdown

Real World Utility+18.0
Audience Reach Impact+8.0
Technical Innovation+1.5
Evidence Of Traction+13.5
Market Timing Relevance+5.0
Functional Completeness+0.25
Subtotal+46.25
Usefulness Multiplierx0.92
Final Score+426

Project Details

Project URL
ivic-t.eu
Description
IVICT Europe GmbH is a leading chemical trading company and part of Mitsubishi Corporation’s global network. Established on January 1st, 2019, and headquartered in Düsseldorf, Germany, we drive growth, innovation, and customer-focused solutions across Europe. As part of Mitsubishi Corporation’s strategic expansion into key regions—including China, Singapore, and Thailand—we are dedicated to strengthening our presence and delivering value to customers and partners. Our portfolio combines Mitsubishi Corporation’s upstream materials, such as Basic Petrochemicals, the C1 Value Chain, and Chlor-Alkali, with highly customized solutions through our Plastics, BioFine, and Specialty Chemicals departments. This combination allows us to meet diverse market needs with tailored expertise and adaptability. At IVICT Europe, our mission is to be YOUR PARTNER OF CHOICE. By fostering direct communication with Asian offices and leveraging Mitsubishi Corporation’s extensive business network, we bridge markets, enable sustainable growth, and unlock new opportunities. Whether advancing emerging products, supporting innovative technologies, or promoting professional and fair trading, we deliver value that benefits businesses and society alike. With a strong regional focus and commitment to excellence, we are shaping the future of the chemical industry—together.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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