Proof of Usefulness Report

Newswire

Analysis completed on 2/8/2026

+315
Proof of Usefulness Score
Certified Problem Solver

Newswire (newswire.lk) is a verified and prominent news aggregator and content provider in Sri Lanka, ranking within the top 55,000 websites globally (SimilarWeb). It demonstrates significant regional traction and real-world utility as a primary information source. However, the submission quality is extremely poor, with vague claims ('everyone', 'most people') and ambiguous financial data ('marketcap 17000000', likely LKR ~56k USD, which contradicts the large team size claim). While the platform has verified scale, the lack of transparency and the likely low revenue-per-user compared to global tech peers positions it in the 'comparable scale' tier, slightly below the reference calibration due to regional limitations and submission quality.

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Score Breakdown

Real World Utility+20.00
Audience Reach Impact+14.00
Technical Innovation+4.80
Evidence Of Traction+13.50
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal+58.55
Usefulness Multiplierx0.90
Final Score+315

Project Details

Project URL
Description
Current affairs based news website

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