Proof of Usefulness Report

PennyFly Entertainment

Analysis completed on 1/27/2026

+285
Proof of Usefulness Score
Gaining Momentum

The project 'PennyFly Entertainment' (submitted under the erroneous name 'BlazeForge') is a legitimate, verified business entity. External search confirms PennyFly was a semi-finalist in Pepperdine's 'Most Fundable Companies' (2020 & 2022), indicating meaningful due diligence and potential despite the submission's poor quality. The submission contains significant falsehoods, such as claiming 'most people have used my product' and an audience of 'everyone', which severely impacts the Quality Factors. The revenue metric appears to refer to a token market cap rather than business revenue, suggesting a Web3 pivot or component. While the core business (artist services) has high utility and verified industry recognition, the score is penalized by the lack of transparent user data and the misleading submission details.

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Score Breakdown

Real World Utility+56.0
Audience Reach Impact+5.0
Technical Innovation+24.0
Evidence Of Traction+30.0
Market Timing Relevance+60.0
Functional Completeness+0.0
Subtotal+317
Usefulness Multiplierx0.90
Final Score+285

Project Details

Description
Founded on the core belief that creators deserve better treatment from the industry, PennyFly offers something new: no longer do artists have to sign away the entirety of their rights, creative freedom, most of their revenue, and ultimately their life to achieve major-label results. Many of today's artists continue to prove mainstream success does not require signing everything away to a label, but it does require an experienced team. PennyFly represents a vast network of relationships with the industry’s top producers, PR firms, playlist curators, digital marketers, radio promotors, distributors, and more - our marketing strategists have worked with the worlds top selling artists, formulating and executing countless successful campaigns for major labels. We have spent years combining our relationships and experience to offer the same high-caliber services to artists under much fairer deal structures. PennyFly has been named a semi-finalist in Pepperdine's renowned \"Most Fundable Companies\" competition, the first record label platform to be recognized in this capacity.

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