Proof of Usefulness Report

Medtech Society

Analysis completed on 1/26/2026

+6
Proof of Usefulness Score
You're In Business

The submission for 'Medtech Society' lacks verifiable evidence and contains highly unrealistic claims. The website 'medtechsociety.com' does not appear in standard search results, and the claim that 'most people have used my product' is demonstrably false. The technical description ('Higher Education') and revenue metric ('marketcap') are incoherent for a standard business project. This submission falls into the category of having no verifiable traction and significant red flags.

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+2.5
Audience Reach Impact+0.5
Technical Innovation+0.375
Evidence Of Traction+0.0
Market Timing Relevance+2.0
Functional Completeness+0.25
Subtotal+5.625
Usefulness Multiplierx1.08
Final Score+6

Project Details

Description
Medical technologies can be divided into biotechnology applied to medicine, biomedicine, healthcare services, biomedical engineering, and information technology. We hold events to connect you with world-leading researchers and entrepreneurs, helping you to explore the medical technology industry.

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