Proof of Usefulness Report

Powready

Analysis completed on 1/25/2026

+40
Proof of Usefulness Score
You're In Business

Powready is a legitimate portable power bank rental service operating in the UK/Europe, validated by app store presence and web footprint. However, the project submission contains significant exaggerations (claiming 'everyone' as audience and 'most people' have used it), which contradicts the modest verifiable traction (approx. 47 App Store ratings). The claimed team size (125) and 'marketcap: 500000' metrics appear inconsistent with the visible scale of the business, suggesting either data entry errors or inflated figures. While the real-world utility of the service is sound, the low submission quality and lack of verifiable growth evidence significantly dampen the score.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+2.0
Technical Innovation+6.0
Evidence Of Traction+3.13
Market Timing Relevance+6.0
Functional Completeness+0.5
Subtotal+36.38
Usefulness Multiplierx1.10
Final Score+40

Project Details

Project URL
Description
We’re transforming the way society accesses energy, bring power direct to individuals exactly where its needed, when its needed. In partnership with hospitality and travel venues, we operate a connected IoT network of circular economy charging hubs that provide portable power for their customers - pick up a charger and drop it off where you want - no cables needed. For businesses, becoming part of our network offers a suite of benefits: marketing across the active user base, driving footfall & increasing dwell time, as well as earning additional passive income and enhancing customer experience.

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