Proof of Usefulness Report

Velsoft

Analysis completed on 2/1/2026

+220
Proof of Usefulness Score
Gaining Momentum

Velsoft is a verifiable, established player in the corporate eLearning and courseware market (founded 1998) with a team of ~34. The company has clear real-world utility and a long history of operations. However, the project submission quality is exceptionally poor, featuring hyperbolic claims ('audience: everyone', 'most people have used my product') and lacking specific revenue or user metrics. The score reflects the legitimacy of the underlying business, heavily penalized by the lack of credible evidence provided in the submission.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+4.00
Technical Innovation+6.00
Evidence Of Traction+8.75
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal+46.25
Usefulness Multiplierx0.95
Final Score+220

Project Details

Project URL
velsoft.com
Description
Velsoft is a company that specializes in developing and providing high-quality, customizable training materials and eLearning solutions. With a focus on corporate training, Velsoft offers a wide range of courses covering various topics such as business skills, IT, soft skills, and more. Their products are designed to be easily adaptable to meet the specific needs of organizations, allowing trainers and educators to deliver effective and engaging learning experiences. Velsoft's offerings include instructor-led training materials, eLearning courses, and a learning management system, all aimed at enhancing the training capabilities of businesses worldwide.

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