Proof of Usefulness Report

Nway Technologies

Analysis completed on 1/26/2026

+373
Proof of Usefulness Score
Certified Problem Solver

Nway Technologies is a verifiable, established ERP provider for the construction and real estate sectors in India (founded ~2004, Pvt Ltd 2016), with estimated annual revenue of ~$1.6M and ~200 employees. However, the submission quality is extremely poor, containing false claims ('audience reach: everyone', 'most people have used my product') and missing data. While the project has significant real-world utility and proven traction, the score is penalized by the lack of professionalism in the submission and the niche nature of the actual market compared to the claimed reach.

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Score Breakdown

Real World Utility+175.0
Audience Reach Impact+20.0
Technical Innovation+60.0
Evidence Of Traction+137.5
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+455
Usefulness Multiplierx0.82
Final Score+373

Project Details

Project URL
Description
ERP software, Real State, Mall Management, Web Development

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