Proof of Usefulness Report

Nomchart Ltd.

Analysis completed on 2/9/2026

+414

Proof of Usefulness Score

Certified Problem Solver

Nomchart Ltd. is a verified, rapidly growing shipbroking firm in Athens (Panamax/Kamsarmax segment) with significant real-world traction, reportedly serving over 200 clients globally. However, the project submission itself is of extremely poor quality, containing hyperbolic claims ('everyone', 'most people have used my product') and confusing metrics ('marketcap: 17000000'). While the underlying business is successful and high-utility within the maritime logistics sector, the project lacks technical innovation (service-based) and the submission fails to provide credible direct evidence, forcing reliance on external verification.

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Score Breakdown

Real World Utility+212.5

Audience Reach Impact+40.0

Technical Innovation+7.5

Evidence Of Traction+112.5

Market Timing Relevance+70.0

Functional Completeness+2.5

Subtotal+445

Usefulness Multiplierx0.93

Final Score+414

Project Details

Project URL

nomchart.com

Description

NOMCHART - Building commercial relationships. NOMCHART was established in 2021 in Athens with the purpose of servicing dry-bulk clients with a focus in the Panamax/Kamsarmax segment. The company has grown to become one of the largest Panamax desks in Athens, compromised of a strong and dynamic team covering customers world-wide including London, Geneva, Copenhagen, Athens, Dubai, India, Singapore, China, S.Korea, and more. NOMCHART's philosophy is based on: - A win/win approach to Charterers and Owners. - One shipbroking powerhouse in Athens, home to over 600 shipowning companies controlling the majority of dry bulk vessels globally. - Transparent, honest, and consistent information flow. - Create valuable long term relationships between customers. If you wish to be part of an exciting and fast growing team reach out to us! hr@nomchart.com

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