Proof of Usefulness Report

Skubbs

Analysis completed on 1/30/2026

+204
Proof of Usefulness Score
Gaining Momentum

Skubbs is a verified Singapore-based IT agency (Skubbs Holdings) founded in 2013 with approximately $1M in annual revenue and a proposed IPO valuation of $60M. However, the submission focuses on 'dee.market', a subsidiary crypto marketplace with significantly less proven traction. The submission contains hyperbolic and unverifiable claims (e.g., 'most people have used my product', 'audience reach: everyone') which severely impact credibility. While the underlying business is legitimate, the project pitch lacks specific utility and relies on exaggerated metrics.

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Score Breakdown

Real World Utility+100.0
Audience Reach Impact+24.0
Technical Innovation+36.0
Evidence Of Traction+40.0
Market Timing Relevance+24.0
Functional Completeness+2.5
Subtotal+226.5
Usefulness Multiplierx0.90
Final Score+204

Project Details

Project URL
Description
Think of us as the Fiver and OpenSea combined. \n\ndee.market is the only decentralised marketplace that allows buyers and sellers to exchange their services using cryptocurrencies.\n\nWe are a fun loving group and you can work totally remotely.

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