Proof of Usefulness Report

LikeMinds

Analysis completed on 1/24/2026

+34
Proof of Usefulness Score
You're In Business

The project addresses a valid problem (building in-app communities) with a plausible solution. However, the submission is critically undermined by unrealistic and unverifiable claims, such as a '$5 Billion all-time marketcap' and the assertion that 'most people have used my product.' These statements, combined with irrelevant tags (e.g., 'construction') and a lack of verifiable metrics, suggest a low-quality or careless submission despite the potential legitimacy of the underlying business concept.

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+14.00
Audience Reach Impact+1.00
Technical Innovation+4.80
Evidence Of Traction+0.62
Market Timing Relevance+7.00
Functional Completeness+0.25
Subtotal+27.67
Usefulness Multiplierx1.22
Final Score+34

Project Details

Project URL
likeminds.community
Description
Businesses are increasingly investing in building communities as they enable P2P value creation, retention, product stickiness and referrals. However, building in-app communities takes years of engineering efforts resulting in most brands either not building a community or building it from scratch on 3rd party platforms.\n\nLikeMinds is a simple plug and play, highly customisable community infra platform that helps brands build in-app communities in 15 mins. Brands can leverage the platform to build community features like group chats, 1-1 chats, activity feed, event management, resource library quickly without any engineering effort.\n\nLikeMinds also offers a white-label community platform for creators and entrepreneurs who are interested in building an app first community and monetise it by selling digital products like memberships, group chats, events, consultations and courses.

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