Proof of Usefulness Report

Lucky Carrot

Analysis completed on 2/3/2026

+41
Proof of Usefulness Score
You're In Business

Lucky Carrot is a legitimate B2B employee engagement platform established in 2019, appearing to originate from Armenia. While the software offers standard features like peer recognition and analytics, the project submission contains demonstrably false claims (e.g., audience reach is 'everyone' and 'most people have used my product'). Actual market presence appears minimal compared to competitors like Bonusly or Carrot Fertility. The project falls into the 'minimal traction' category due to niche reach and lack of verifiable growth data, compounded by a low-quality submission.

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+75
Audience Reach Impact+30
Technical Innovation+40
Evidence Of Traction+20
Market Timing Relevance+50
Functional Completeness+10
Subtotal+35.5
Usefulness Multiplierx1.15
Final Score+41

Project Details

Project URL
https://luckycarrotapp.com
Description
Founded in 2019, Lucky Carrot is a Peer Recognition and Employee Engagement platform that helps teams to stay connected and engaged especially in this remote reality. We build a culture of peer recognition, bring visibility to employee concerns, achievements and interactions, and provide insights to detect disengagement. • Peer Recognition: enables employees to recognize each other and make hard work and daily small and big achievements visible. • Rewards: gives opportunity to redeem received recognitions (carrots) into gift cards or donations. • Engagement Survey: reveals employees’ real problems and concerns that may stay invisible. • Goal Management: enables to set goals and create aligned, and motivated teams. • People Analytics: gives detailed insights into employee interactions and helps to make data-driven decisions.

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