Proof of Usefulness Report

Mindspace

Analysis completed on 1/25/2026

+600
Proof of Usefulness Score
Industry Mainstay

Mindspace is a verifiable, established global coworking brand with significant market capitalization (~$250M) and presence (40+ locations). However, the project submission itself is of low quality, featuring lazy claims (e.g., audience reach 'everyone', traction 'most people') which contradict the sophisticated nature of the actual business. The high score reflects the verifiable real-world success and asset value of the entity, heavily penalized by the poor response quality and lack of detailed technical evidence in the submission forms.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+102.0
Technical Innovation+48.0
Evidence Of Traction+190.0
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+652.5
Usefulness Multiplierx0.92
Final Score+600

Project Details

Project URL
mindspace.me
Description
MINDSPACE is a rapidly growing global provider of beautiful and inspiring workspaces for teams of all sizes: entrepreneurs, freelancers, growing startups, designers, service providers and more. We offer flexible membership options, services and benefits to our members so that they nurture their businesses in a workspace that is a community and not just an office.\n \nOur sleek and beautiful spaces provide hassle-free comfort and convenience so our companies can focus on what’s important – their growth and development. With stunning meeting rooms, communal kitchens, dedicated services and expertly thought out design, you’ll love your new space. \n\nFOR PEOPLE WHO LOVE TO BE INSPIRED.

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