Proof of Usefulness Report

ibentos

Analysis completed on 2/3/2026

+285
Proof of Usefulness Score
Gaining Momentum

Ibentos is a verifiable event technology company based in India with a functional product and verified external reviews (G2, 4.8/5). However, the project submission itself is of extremely low quality, containing hyperbolic and false claims (e.g., audience reach: 'everyone', traction: 'most people have used my product'). While the underlying business appears legitimate with a small-but-promising footprint in the competitive virtual event space, the score is significantly dampened by the lack of credible data provided in the submission and the saturated market timing for virtual events post-pandemic.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+16.25
Audience Reach Impact+2.00
Technical Innovation+6.00
Evidence Of Traction+5.00
Market Timing Relevance+3.00
Functional Completeness+0.25
Subtotal+32.50
Usefulness Multiplierx0.88
Final Score+285

Project Details

Description
ibentos is a young event technology company that thrives on innovation, crafting extraordinary experiences through cutting-edge tech like AI, Web 3.0, and immersive solutions. Our passionate team, trusted by global event organizers for over 3,000+ events, delivers spectacular results and ROI-driven solutions. As pioneers of event tech in India, we're expanding to North America, committed to bringing our expertise to a broader audience and elevating the event experience across the continent. We're not just vendors – we're partners, empowering you with the latest tech and ensuring your success. Let's push the boundaries and create truly transformative events together.

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