Proof of Usefulness Report

Spacebase

Analysis completed on 1/30/2026

+236
Proof of Usefulness Score
Gaining Momentum

Spacebase is a verified, established B2B platform with significant revenue (est. $7M+) and history (founded 2015), effectively solving problems in the workspace booking market. However, the submission itself is of extremely low quality, containing false or exaggerated claims (e.g., 'most people have used my product', 'space-technology') and lacking specific data. While the underlying business fundamentals are strong (comparable to the calibration reference), the score is heavily penalized by the lack of credible evidence provided in the submission, resulting in a significantly lower Proof of Usefulness score than the project's reality would warrant if properly presented.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+5.0
Technical Innovation+3.0
Evidence Of Traction+10.6
Market Timing Relevance+4.0
Functional Completeness+0.25
Subtotal+42.85
Usefulness Multiplierx0.92
Final Score+236

Project Details

Project URL
Description
We are Spacebase: a global booking platform for workshop and meeting spaces.\n\nWe give renters access to unique locations for their next event and enable space providers to advertise their space to a ready-to-book user base. \n

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