Proof of Usefulness Report

Skroutz

Analysis completed on 2/17/2026

+736
Proof of Usefulness Score
Category Standard

Skroutz is the dominant e-commerce marketplace in Greece, comparable to a national Amazon, with verifiable annual revenues exceeding €60M and GMV over €1B. The project demonstrates massive real-world utility, serving 6.5M+ registered users and 8,000+ merchants. While the submission text itself was low-effort (e.g., listing 'Internet' as a technology), the underlying entity is a verifiable 'Unicorn-tier' success story with robust logistics (Skroutz Last Mile) and fintech (EveryPay) integrations. The score reflects its status as a market leader, adjusted downward slightly for the lack of detail in the specific submission form.

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Score Breakdown

Real World Utility+245.0
Audience Reach Impact+196.0
Technical Innovation+102.0
Evidence Of Traction+222.8
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+865.8
Usefulness Multiplierx0.85
Final Score+736

Project Details

Project URL
Description
For 20 years now, Skroutz is the #1 e-commerce platform in Greece. Back in 2005 it had started as a price-comparison engine and now Skroutz has evolved into a one-stop e-commerce marketplace ingrained in the minds of people as the go-to-place for a carefree purchasing experience. Today, we help 6.500.000+ registered consumers with their shopping needs, from more than 8.000 online shops that are registered on our platform. Our company is committed to modern software development actively creating bleeding-edge e-commerce offerings and high-performance web pages. Our team is a passionate group of people that tackle the challenges of creating a wide range of user-oriented software solutions, involving a multitude of environments and innovational platforms. And all that, so we can provide our users the best e-shopping experience there is!

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