Proof of Usefulness Report

Royal Nickel

Analysis completed on 2/16/2026

+11
Proof of Usefulness Score
You're In Business

The submission lacks credibility and substantive detail. While 'Royal Nickel' was a known mining entity (RNC Minerals, acquired by Westgold), this submission appears to be either an impersonation, a domain squatter, or a low-effort entry. The stated market cap ($2.5M) is inconsistent with the historical value of the actual mining corporation, and the claim that 'most people have used my product' is unverifiable hyperbole. The username 'FrostHeart' and generic email format further diminish trust. The project demonstrates minimal proof of usefulness in its current presentation.

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Score Breakdown

Real World Utility+5.00
Audience Reach Impact+2.00
Technical Innovation+0.75
Evidence Of Traction+1.25
Market Timing Relevance+1.50
Functional Completeness+0.25
Subtotal+10.75
Usefulness Multiplierx1.02
Final Score+11

Project Details

Project URL

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