Proof of Usefulness Report

LoadNow

Analysis completed on 2/20/2026

+33
Proof of Usefulness Score
You're In Business

While 'LoadNow' appears to be a legitimate Indian logistics entity with verifiable traction (approx. $2.8M revenue according to external data sources), this specific submission is of extremely low quality. The claim that 'most people have used my product' is objectively false for a niche B2B logistics platform. The revenue field is filled with nonsensical data ('marketcap: 500000'). The discrepancy between the actual business performance and the unprofessional submission results in a heavily penalized score, treating this as a 'minimal traction/red flag' submission despite the underlying company's existence.

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+8.75
Audience Reach Impact+4.00
Technical Innovation+3.00
Evidence Of Traction+10.00
Market Timing Relevance+3.00
Functional Completeness+0.25
Subtotal+29
Usefulness Multiplierx1.15
Final Score+33

Project Details

Project URL
loadnow.io
Description
LoadNow is a technology-led logistics enabler, facilitating shipments of all sizes and for all industries across the geographies. Through Logistics as a service (LaaS), LoadNow is leveraging technology to provide solutions for the supply chain challenges like complex processes, multi-vendor interfaces, and asymmetry in information. The Company is on a journey to unlock growth opportunities in a highly unorganised and fragmented industry. Adopting use cases of blockchain, Internet of Things (IoT) and artificial intelligence led technology, LoadNow endeavors to bring simplified processes, a cost-effective and efficient logistics network, and end-to-end technology integration.

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