Proof of Usefulness Report

GlobeWyze Inc.

Analysis completed on 2/20/2026

+26
Proof of Usefulness Score
You're In Business

GlobeWyze Inc. appears to be a legitimate Venture Studio/Development Agency based in Canada and New York, but the submission contains significant inaccuracies and exaggerations. Claims such as audience reach being 'everyone' and traction being 'most people have used my product' are demonstrably false and severely impact the credibility of the entry. While verifiable portfolio projects exist (e.g., Flaps10, iConnect), the claimed team size of 125 contrasts sharply with the '2,500,000 marketcap' (likely revenue or portfolio value) figure, suggesting either offshore outsourcing or inflated metrics. The project fits the 'Minimal Traction' category due to niche B2B utility and poor submission quality.

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Score Breakdown

Real World Utility+10.0
Audience Reach Impact+2.0
Technical Innovation+4.5
Evidence Of Traction+2.5
Market Timing Relevance+5.0
Functional Completeness+0.5
Subtotal+24.5
Usefulness Multiplierx1.05
Final Score+26

Project Details

Project URL
Description
Globewyze is a Full-Service Pre-MVP Technology Incubator. Our mission is to enable ventures Go-To-Market in the shortest time and least capital. We provide hands-on innovation to entrepreneurs & large corporations through in-house Business & Technology Teams and Industry relationships. Our business model is designed to tangibly support start-ups by discounting the development cost in lieu of equity. In doing so, all stakeholders have their skin in the game with shared focus on increasing the value of the venture. We empower entrepreneurs with enormous capacity to focus on scaling the venture by taking the Technology burden off the table. Our Technology stack includes but not limited to AI, IoT & AR on top of mobile and web technologies. We actively engage with entrepreneurs in shaping business models, valuations, capital rounds, validation partnerships and much more. In a true sense, Globewyze is your shareholder development partner with a vested interest in seeing the venture succeed. Globewyze is industry agnostic having incubated ventures in a variety of industries namely FinTech, EdTech, SportsTech, Logistics, Pharma, Customer Engagement, Marketplaces, Defense etc.

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