Proof of Usefulness Report

Netact Services Inc.

Analysis completed on 2/20/2026

+45
Proof of Usefulness Score
You're In Business

The submission for 'MysticStone' by Netact Services Inc. contains significant discrepancies and verifiable inaccuracies. Netact Services Inc. is a legitimate but small IT service provider based in Mississauga, Canada, with approximately 2-10 employees (contrary to the claimed 125). The project name 'MysticStone' is associated with a defunct MMORPG (Runes of Magic) and unrelated crypto tokens, with no evidence linking it to Netact's portfolio. The claim that 'most people have used my product' is demonstrably false for a B2B IT consultancy. The 'marketcap' figure appears to be a misunderstanding of financial terms or a reference to an unrelated token. The submission scores extremely low due to lack of verifiable product traction, confused identity, and exaggerated claims.

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Score Breakdown

Real World Utility+30
Audience Reach Impact+10
Technical Innovation+20
Evidence Of Traction+10
Market Timing Relevance+20
Functional Completeness+10
Subtotal+50
Usefulness Multiplierx0.9
Final Score+45

Project Details

Project URL
Description
Netact Services Inc. is a multi-solution and IT service provider. We combine our expertise with the largest leading technologies across applications, software services, data analytics, and security to deliver end to end business solutions. We have a proven record of advising customers based on their business challenges, designing scalable solutions for business profitability. As technology professionals, we deliver innovative capabilities of solutions to help our customers build new revenue streams, increase efficiency and create lasting experiences. We actively participate in electronic tendering services with a core focus on managed secure IT services, virtual IT asset management, business solution development, IT consulting services, business analysis, project management SLA & KPI clarification and tracking, IT procurement services, cloud productivity, web development, IoT and 5G implementation. We work closely with clients to ensure business requirements, scope of work, time, and cost of project are tightly aligned with expectations and business objectives. We employ a young and dynamic team of IT professionals that are focused on providing the best quality of IT services to a wide range of SMEs and Startup businesses. We cover end to end IT services from hardware and software acquisitions through our experienced partners, network management and end user support services, security policies, data backup, and a wide range of hosted and cloud solutions through our state-of-the art datacenter

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