Proof of Usefulness Report

Mainvest

Analysis completed on 1/25/2026

+7
Proof of Usefulness Score
You're In Business

The project URL points to Mainvest, a crowdfunding platform that officially ceased operations in June 2024 due to the collapse of its banking partner, Synapse, leaving investor funds frozen. The submission itself is of extremely low quality, using an incorrect name ('StarShade'), false traction claims ('most people have used my product'), and nonsensical revenue data. As a defunct platform with locked assets and a deceptive submission, the Proof of Usefulness is negligible.

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+1.25
Audience Reach Impact+2.00
Technical Innovation+1.50
Evidence Of Traction+1.25
Market Timing Relevance+0.00
Functional Completeness+0.25
Subtotal+6.25
Usefulness Multiplierx1.10
Final Score+7

Project Details

Project URL
Description
We are a marketplace that enables local investors to invest in local businesses.\n\nFor Investors:\nFind small businesses in your community. Invest as little as $100 in the ones you believe in. If your investments are successful, get quarterly returns and share in the success of the small business economy. \n\nFor Local Businesses\nGet access to local investors in your community. Raise between $1,000 and $1,070,000 to get your business off the ground. As your business grows, you return a portion of your gross revenue to the investors that helped you get started.

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