Proof of Usefulness Report

247tickets

Analysis completed on 1/2/2026

+88
Proof of Usefulness Score
You're In Business

247tickets is a verifiable, established ticketing platform in China (founded 2014) with ~$2M in seed funding and a decade of operation. However, the submission itself is of critically low quality, containing hyperbolic claims ('evidenceOfTraction': 'most people have used my product'), false audience data ('everyone'), and verified discrepancies in team size (PitchBook lists ~5 core employees vs. claimed 51-200). While the business has high real-world utility for its specific niche (expats/travelers in China), the low-effort submission and lack of verifiable internal data significantly penalize the score. The evaluation relies heavily on external verification rather than the provided input.

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Score Breakdown

Real World Utility+90
Audience Reach Impact+40
Technical Innovation+40
Evidence Of Traction+40
Market Timing Relevance+50
Response Quality+5
Final Score+69

Project Details

Project URL
Description
247tickets is China's premium marketplace for events, experiences and trips.\n\nOur bi-lingual, convenient, social, mobile and desktop platform provides more relevant choices and allows instant purchase for more events and experiences than anyone else.\n\nThrough key partnerships, choice acquisitions in the experience and travel sectors and constant platform refinements, we are always looking to add to our database of the very best things to do in in China - with a view to expanding globally in the near future. \n\nWe are always looking for more partners in the event and experience market - if you want to see your event, tour or trip on our platform, get in touch!
Audience Reach
everyone
Target Users
everyone
Technologies
Business Intelligence, Events, Travel Hospitality
Traction Evidence
most people have used my product

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