Proof of Usefulness Report

MovX

Analysis completed on 2/28/2026

+145
Proof of Usefulness Score
Gaining Momentum

MovX is a verified German engineering company (founded 2018) developing specialized wearable motion-analysis sensors (movRECON, movACTIVE). While the underlying technology and engineering pedigree (originating from IVS Engineering) are credible and evidenced by patents, the project submission itself contains significant red flags. The claim that 'most people have used my product' is demonstrably false for a niche B2B/specialized hardware product. The 'marketcap' figure appears to be a self-valuation or cumulative metric rather than a verified financial standard. The project has potential in the health/sports niche but is severely penalized for exaggerated traction claims and lack of specific, verifiable user metrics.

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Score Breakdown

Real World Utility+70.0
Audience Reach Impact+10.0
Technical Innovation+75.0
Evidence Of Traction+5.0
Market Timing Relevance+60.0
Functional Completeness+10.0
Subtotal+142.25
Usefulness Multiplierx1.02
Final Score+145

Project Details

Project URL
movx.eu
Description
The movX GmbH with the seat in Wissen, was notarised on 08.11.2017 and officially took up its business on 01.01.2018. The company originates from the engineering office Völkel & Steiger (in short: IVS Engineering GbR), which has successfully provided services in the IT sector, the telecommunications and automotive industry, alongside numerous other technical areas for 20 years. Our team consists of experienced engineers who have extensive technical know-how in the areas of hardware (including embedded systems, sensors, wireless communication) and software (including app /web development, databases, architecture). In addition to this is, most of us have many years of sporting experience as a former competitive athletes, active age-class athletes and coaches. Against this background, the decision was also made to found an independent GmbH with the clear goal of ensuring the implementation and marketing of a new wearable technology that will decisively influence the sports, fitness and health market in the future. We invite you to join us on this journey (as co-workers), to help shape the development of our products (as testers) or simply to share news and trends in sports, fitness, health and technology through our website track (as part of the movX community). If you have any questions or suggestions, feel free to contact us, by using our contact form, talking to our contacts or leaving us a message by mail at info@movx.eu. Improve your move and move forward with us!

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