Proof of Usefulness Report

BingeWave

Analysis completed on 1/15/2026

+41
Proof of Usefulness Score
You're In Business

BingeWave presents a coherent value proposition as a no-code platform for virtual events, addressing a clear market need. However, the submission quality is critically low, characterized by hyperbolic, unverifiable claims (e.g., 'most people have used my product') and missing data fields (Revenue, Active Users). While the platform exists and serves a niche market (film festivals), the lack of concrete traction evidence in the submission and the unrealistic audience reach claims severely suppress the score.

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Score Breakdown

Real World Utility+20
Audience Reach Impact+2
Technical Innovation+7
Evidence Of Traction+1
Market Timing Relevance+7
Functional Completeness+0
Subtotal+38
Usefulness Multiplierx1.08
Final Score+41

Project Details

Project URL
Description
BingeWave is plug-in play and no code solution that allows any brand to host interactive virtual and hybrid events directly on their own websites and apps. COVID-19 has changed the way people engage virtually and will engage in the future. Our turn-key solution seamlessly combines ticketing, live streaming, web chat, Q\u0026A panels, merchandising and voting all in one platform, so the organizer and the attendees do not have to switch between different technologies.
Audience Reach
everyone
Target Users
everyone
Technologies
Web Development, Events, Messaging Communications
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