Proof of Usefulness Report

MERCADOLIBRE INC

Analysis completed on 1/6/2026

+795
Proof of Usefulness Score
Unicorn Utility

MercadoLibre Inc. (MELI) is a confirmed e-commerce and fintech giant in Latin America with an $115B+ market cap, representing the highest tier of market traction and utility. While the project itself possesses undeniable real-world value, audience reach, and traction, the specific submission provided was low-effort ('crimsonforge', generic descriptions, lazy text inputs). However, the verifiable public data warrants a score in the top percentile, heavily weighted by the 'Evidence of Traction' and 'Real-World Utility' criteria, despite the penalty for 'Response Quality'.

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+250
Audience Reach Impact+200
Technical Innovation+135
Evidence Of Traction+250
Market Timing Relevance+95
Functional Completeness+5
Subtotal+935
Usefulness Multiplierx0.85
Final Score+795

Project Details

Project URL
investor.mercadolibre.com
Description
MercadoLibre Inc. is a leading e-commerce and technology company in Latin America, operating the largest online commerce and payments ecosystem in the region. Founded in 1999, the company provides a wide range of services to facilitate online buying, selling, and payments for both individuals and businesses. MercadoLibre's platform includes a marketplace for a diverse array of products, a payment solution called MercadoPago, and a logistics service known as MercadoEnvios. The company is headquartered in Buenos Aires, Argentina, and has a significant presence in countries such as Brazil, Mexico, and Colombia. MercadoLibre is committed to driving the digital transformation of commerce and financial services in Latin America, empowering millions of users to engage in secure and efficient online transactions.
Audience Reach
everyone
Target Users
everyone
Technologies
Fintech, Investing, Software Development
Traction Evidence
most people have used my product

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