Proof of Usefulness Report

Vnida

Analysis completed on 2/17/2026

+38
Proof of Usefulness Score
You're In Business

The project represents a legitimate organization (Vietnam Independent Directors Association) with verifiable existence, government recognition, and international partnerships (IFC). However, the submission quality is critically low, containing demonstrably false claims ('most people have used my product', 'audience reach: everyone') and confusing metrics (marketcap vs revenue). While the organization has real-world utility in its niche, as a technology project submission, it demonstrates minimal innovation and relies on a standard non-profit website model. The score reflects the legitimacy of the entity dampened significantly by the misleading and low-effort submission data.

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Score Breakdown

Real World Utility+16.0
Audience Reach Impact+2.0
Technical Innovation+1.5
Evidence Of Traction+7.5
Market Timing Relevance+7.0
Functional Completeness+0.25
Subtotal+34.25
Usefulness Multiplierx1.10
Final Score+38

Project Details

Project URL
Description
Vietnam Independent Directors Association (VNIDA), a social-professional organization of independent directors in Vietnam and those individuals who would like to become independent directors. Our vision is to become the leading community of independent directors and board directors in Vietnam. Our mission is to promote corporate governance best practices, to add value for independent directors and board performance through networking, training and experience sharing, as well as protecting the interests of our members to strengthen the professionalism, independence, transparency, and integrity of independent directors. OBJECTIVES + To advocate and protect the interests of independent directors + To promote best practices on corporate governance and board leadership + To set up and strengthen professional and ethical standards for independent directors + To provide practical trainings, forums and research to promote independent director professionalism, enhance corporate sustainability, and strengthen the trust of shareholders and other stakeholders + To provide an effective platform for wide-ranging networking and professional opportunities for independent directors

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