Proof of Usefulness Report

ShareCredentials

Analysis completed on 2/16/2026

+142
Proof of Usefulness Score
Gaining Momentum

ShareCredentials appears to be a legitimate but early-stage B2B HR/compliance tool rather than the global 'E-Governance' network described. The submission contains significant hyperbole; the claim that 'most people have used my product' is demonstrably false given the lack of major media presence or app store rankings. While the core utility of document exchange and HR onboarding is valid, the project is a small niche player (est. team size 2-10, not 30) in a crowded market. The 'marketcap' figure likely refers to a valuation cap rather than revenue. The score is heavily penalized for inaccurate traction claims and vague audience definitions.

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Score Breakdown

Real World Utility+60
Real World Utility Quality Factor+1
Audience Reach Impact+20
Audience Reach Impact Quality Factor+0.5
Technical Innovation+45
Technical Innovation Quality Factor+1
Evidence Of Traction+10
Evidence Of Traction Quality Factor+0.5
Market Timing Relevance+50
Market Timing Relevance Quality Factor+1
Functional Completeness+20
Response Quality Quality Factor+0.5
Subtotal+139.5
Usefulness Multiplierx1.02
Final Score+142

Project Details

Description
ShareCredentials is all about saving, sharing, and signing documents under one platform. It is the world's only document exchange network that enables E-Governance, cutting downtime and redundancy while increasing the speed of transactions. Come and join our network for free to submit credentials or verify credentials as a paid member.

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