Proof of Usefulness Report

LiteCard

Analysis completed on 1/25/2026

+418
Proof of Usefulness Score
Certified Problem Solver

LiteCard (litecard.com.au) is a legitimate, venture-backed Australian MarTech company (raised ~$3.5M, ~25 employees) specializing in mobile wallet passes and loyalty automation. While the submission itself was of extremely low quality (hyperbolic claims like 'most people have used my product', vague descriptions), independent verification confirms a solid B2B SaaS platform with significant regional traction (e.g., TARFish, 100k+ users via clients). The discrepancy between the high-quality business reality and the low-effort submission is reflected in the high Traction/Utility scores but abysmal Response Quality score.

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Score Breakdown

Real World Utility+162.5
Audience Reach Impact+60.0
Technical Innovation+52.5
Evidence Of Traction+112.5
Market Timing Relevance+75.0
Functional Completeness+2.5
Subtotal+465
Usefulness Multiplierx0.9
Final Score+418

Project Details

Project URL
Description
LiteCardis in the Sales Force Automation Industry

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