Proof of Usefulness Report

Shipskart

Analysis completed on 1/29/2026

+261
Proof of Usefulness Score
Gaining Momentum

Shipskart is a verifiable Series A funded B2B maritime marketplace with significant traction ($2.7M raised, ~$10M USD revenue est., 500+ partners). However, the submission quality is critically poor, containing false claims ('most people have used my product', 'everyone') and lacking data. The project has high real-world utility and verified market presence, but the score is heavily penalized due to the submitter's failure to provide accurate evidence.

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Score Breakdown

Real World Utility+90.0
Audience Reach Impact+32.0
Technical Innovation+45.0
Evidence Of Traction+45.0
Market Timing Relevance+36.0
Functional Completeness+1.0
Subtotal+249
Usefulness Multiplierx1.05
Final Score+261

Project Details

Project URL
shipskart.com
Description
o ShipsKart is an on-line procurement platform (it can serve as an exchange, a market place or a client’s personal utility), which brings the vessel, vessel owners/operators and vendors on a single platform. The Master/Manager of the vessel/installation can create purchase requisitions from a Mobile App or Web portal by accessing 50,000 listed products \n\no ShipsKart supports the natural flow of the purchase requisition through client’s defined processes to approval and selection of one or more vendors from the range of verified vendors registered with ShipsKart.\n\no Having every stakeholder in the supply chain on one single platform makes ShipsKart unique. \n\no ShipsKart enables manufacturers and suppliers to sell and deliver directly to maritime and offshore purchasers in a cost-efficient and profitable manner. \n\nThe Product is being used by Shipping companies world wide and now also Corporates.

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