Proof of Usefulness Report

Chartmetric

Analysis completed on 2/14/2026

+535

Proof of Usefulness Score

Industry Mainstay

Project verified as Chartmetric, a leading music industry analytics platform (est. 2015, ~$7.2M revenue, ~50 employees). However, the submission contains significant inaccuracies: incorrect name ('StarSpirit'), heavily exaggerated team size (350 vs actual ~50), and false audience claims ('everyone' vs B2B professionals). The '2500000 marketcap' likely refers to outdated ARR or seed funding. While the product's real-world utility and traction are exceptional, the score is heavily penalized due to the low-quality, inaccurate submission.

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Score Breakdown

Real World Utility+166.25

Audience Reach Impact+75.00

Technical Innovation+127.50

Evidence Of Traction+135.00

Market Timing Relevance+85.00

Functional Completeness+2.50

Subtotal+591.25

Usefulness Multiplierx0.905

Final Score+535

Project Details

Project URL

chartmetric.com

Description

Chartmetric helps the music industry make smarter and faster music business decisions by providing reliable data, beautiful visuals, in-depth insights, innovative features, and rockstar customer support. Access market-level data from more than 20 music streaming and social media sources — plus, the power of data science … all in one place. We are the music industry's leading data analytics platform, and we can't wait to see what you create.

Algorithm Insights

Market Position

Strong market validation with clear user adoption patterns

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