Proof of Usefulness Report

Zelira Therapeutics

Analysis completed on 2/14/2026

+62
Proof of Usefulness Score
You're In Business

Zelira Therapeutics is a legitimate, ASX-listed biopharmaceutical company (ASX:ZLD) developing cannabinoid-based medicines for autism and insomnia. However, the submission quality is critically low, containing demonstrably false claims (e.g., 'most people have used my product', 'everyone' as audience) and using a market cap figure in the revenue field. While the project has real-world utility and regulatory progress (FDA milestones), its pre-revenue status, micro-cap valuation (~$7M AUD), and the unreliable nature of the submission heavily penalize the final score. The evaluation credits the verifiable regulatory achievements but penalizes the exaggerated reach and poor data integrity.

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Score Breakdown

Real World Utility+22.5
Audience Reach Impact+3.0
Technical Innovation+12.75
Evidence Of Traction+7.5
Market Timing Relevance+7.0
Functional Completeness+0.25
Subtotal+53
Usefulness Multiplierx1.17
Final Score+62

Project Details

Project URL
Description
Zelira Therapeutics Ltd (formerly Zelda Therapeutics) is a leading global therapeutic medicinal cannabis company with access to the world’s largest and fastest growing cannabis markets. www.zeliratx.com

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