Proof of Usefulness Report

BeatBind

Analysis completed on 1/15/2026

+12
Proof of Usefulness Score
You're In Business

The submission for 'BeatBind' presents a discrepancy between its claims and reality. While the project identifies as an NFT Ticketing platform launched in 2021, market data indicates the token (BBND) has effectively zero value and trading volume. The claim that 'most people have used my product' is demonstrably false, as search results show negligible website traffic and a dead ecosystem. There is a name collision with a GitHub Spotify tool, but the business type confirms this is the crypto project. The submission is low-quality, containing unrealistic claims ('audience reach: everyone') and lacking verifiable evidence.

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Score Breakdown

Real World Utility+15
Audience Reach Impact+0
Technical Innovation+10
Evidence Of Traction+0
Market Timing Relevance+10
Functional Completeness+0
Subtotal+12
Usefulness Multiplierx0.95
Final Score+12

Project Details

Project URL
Description
BeatBindis in the Events Tech Industry
Audience Reach
everyone
Target Users
everyone
Technologies
Events, Developer Tools
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