Proof of Usefulness Report

Muse wearables

Analysis completed on 1/26/2026

+466
Proof of Usefulness Score
Industry Mainstay

The project, identified as 'Muse Wearables' (despite the 'SwiftHeart' name field), is a legitimate hardware startup based in Bengaluru with verified traction. While the submission contained exaggerated claims (e.g., 'most people have used my product') and low-quality responses, external verification confirms the company has raised ~$5M in funding, generated estimated annual revenue of ~$5M-$7M, and secured over 7,500 backers ($1.7M) for its 'Ring One' smart ring on Indiegogo. The company has a partnership with NPCI for wearable payments. The score reflects strong financial traction and product utility, penalized for the poor quality of the submission and the relatively niche user base (<50k) compared to mass-market software.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+5.6
Technical Innovation+11.25
Evidence Of Traction+12.0
Market Timing Relevance+7.5
Functional Completeness+0.5
Subtotal+56.85
Usefulness Multiplierx0.82
Final Score+466

Project Details

Project URL
musewearables.com
Description
Musewearables designs, develops and sells consumer and wearable electronics, mobile software, online services. We have designed and launched World's first payments enabled hybrid smartwatch that needs no charging for one whole year. \n\nWe have two connected Apps \nMuse health - A health App for millennials. \nMuse Pay - A wearable Payments App to make cashless payments effortless. \n\nOur payments App is now live in 32 countries and we have sold our first 1000 products across 60 countries.\n\n Join us to be part of our next growth journey - www.musewearables.com

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