Proof of Usefulness Report

WebbyLab

Analysis completed on 2/20/2026

+460

Proof of Usefulness Score

Industry Mainstay

WebbyLab is a verifiable, established software development agency (founded 2011) with a solid track record, including Fortune 500 clients (Mercedes, Uber) and a team of ~120-150 professionals (verified vs. 350 claimed). While the underlying business is mature and profitable with estimated annual revenue in the $5M-$10M range, the submission itself was of extremely low quality. It contained hyperbolic claims (Audience: 'everyone', Traction: 'most people have used my product') and misused financial terminology ('marketcap'). The score reflects the strong reality of the business, heavily penalized by the poor quality of evidence and lack of specific detail provided in the application.

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Score Breakdown

Real World Utility+200.0

Audience Reach Impact+30.0

Technical Innovation+90.0

Evidence Of Traction+87.5

Market Timing Relevance+50.0

Functional Completeness+2.5

Subtotal+460

Usefulness Multiplierx1

Final Score+460

Project Details

Project URL

webbylab.com

Description

Since 2011, we’ve been developing client-driven solutions by integrating cutting-edge combinations of the newest IT technology with efficient processes. We have cross-domain expertise in Blockchain, eCommerce, IoT, and other industries as well as partnerships with Fortune 500 list companies. The client’s results are our win. It’s not about creating a solution or product that fits initial requirements but about long-term value impacting the client’s business and its customers.

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