Proof of Usefulness Report

Zambesi Gold Ltd.

Analysis completed on 2/14/2026

+16
Proof of Usefulness Score
You're In Business

The project is a cryptocurrency token (ZGD) claiming to be backed by physical gold mining operations in South Africa. While the mining entity (Zambesi Gold Pty Ltd) appears to be a registered business, the digital asset has failed to maintain value, losing over 98% from its all-time high with negligible daily trading volume (<$100). The submission contains significant inaccuracies, such as claiming the audience is 'everyone' and that 'most people have used my product,' which contradicts the niche and low-traction reality (market cap ~$500k). The project displays characteristics of a 'zombie' token with minimal utility or active user base.

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Score Breakdown

Real World Utility+15
Audience Reach Impact+4
Technical Innovation+3
Evidence Of Traction+3.75
Market Timing Relevance+2.5
Functional Completeness+0.5
Subtotal+14.375
Usefulness Multiplierx1.12
Final Score+16

Project Details

Description
Zambesi Gold is a mining company specialising in the acquisition & development of selected mining assets, backed by real gold, real people, and real mining operations, producing real value. The team is headed by the CEO Koos Van Straaten, arguably the best “turn around mining specialist” in Africa with 40 years personal mining experience supported by a very competent team of mining and industry experts.

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