Proof of Usefulness Report

Prince Solutions

Analysis completed on 2/26/2026

+12
Proof of Usefulness Score
You're In Business

The submission describes a Serbian web and IoT development agency but lacks verifiable evidence of scale or innovation. Critical red flags include demonstrably false claims of global reach ('most people have used my product'), nonsensical financial metrics ('marketcap: 50000'), and a lack of specific technical details. External verification suggests a small micro-enterprise rather than the 30-person team claimed. The low submission quality and hyperbolic statements significantly impact the score.

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Score Breakdown

Real World Utility+5.0
Audience Reach Impact+0.5
Technical Innovation+2.25
Evidence Of Traction+1.25
Market Timing Relevance+2.0
Functional Completeness+0.25
Subtotal+11.25
Usefulness Multiplierx1.08
Final Score+12

Project Details

Description
Web & IoT development company based in Serbia, Eastern Europe. CRM, multi-vendor e-commerce, marketplace, custom IoT solutions for brands unique experience, embedded system for experimental marketing, prototype development and more.

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