Proof of Usefulness Report

Chrono24

Analysis completed on 1/17/2026

+684
Proof of Usefulness Score
Category Standard

Chrono24 is the undisputed global market leader for luxury watches (Unicorn status, >$1B valuation, 9M+ verified monthly visitors). The project demonstrates exceptional Real-World Utility and Evidence of Traction. However, the submission quality was poor (one-word answers like 'fashion', hyperbolic claims), which resulted in penalties for Technical Innovation and Response Quality. The score reflects a highly successful business with a low-effort submission.

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Score Breakdown

Real World Utility+237
Audience Reach Impact+196
Technical Innovation+52
Evidence Of Traction+196
Market Timing Relevance+90
Functional Completeness+5
Subtotal+777
Usefulness Multiplierx0.88
Final Score+684

Project Details

Project URL
chrono24.com
Description
Chrono24 is the world's leading marketplace for luxury watches. Chrono24 has been reshaping the global watch market since 2003. More than 3,000 professional dealers and 30,000 private sellers list over 500,000 watches on the platform. Chrono24 attracts more than 20 million watch enthusiasts every month from over 120 countries. We're growing rapidly and we're hiring for our NYC office!
Audience Reach
everyone
Target Users
everyone
Technologies
Fashion
Traction Evidence
most people have used my product

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