Proof of Usefulness Report

Ocean Energy

Analysis completed on 1/26/2026

+54
Proof of Usefulness Score
You're In Business

The submission references a legitimate and innovative wave energy company, Ocean Energy (oceanenergy.ie), which has deployed hardware like the OE35 Buoy. However, the submission itself is of extremely low quality and contains demonstrably false claims (e.g., 'most people have used my product'), which severely undermines the credibility of the entry. While the underlying technology and market timing are strong, the lack of verifiable data in the submission and the vague/inaccurate audience descriptions result in a low Proof of Usefulness score.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+3.0
Technical Innovation+12.0
Evidence Of Traction+3.75
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal+48.25
Usefulness Multiplierx1.12
Final Score+54

Project Details

Project URL
oceanenergy.ie
Description
Ocean Energy, based at oceanenergy.ie, is a pioneering company in the renewable energy sector, specializing in the development and deployment of innovative ocean wave energy technology. The company focuses on harnessing the immense power of ocean waves to generate clean, sustainable electricity. Ocean Energy's flagship product, the OE Buoy, is designed to convert wave energy into electrical power, offering a reliable and environmentally friendly alternative to traditional energy sources. With a commitment to advancing marine renewable energy, Ocean Energy collaborates with industry partners, research institutions, and government bodies to promote the adoption of wave energy solutions worldwide.

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