Proof of Usefulness Report

Rewire

Analysis completed on 2/16/2026

+208
Proof of Usefulness Score
Gaining Momentum

The submission points to the Rewire Festival (rewirefestival.nl), a well-established international avant-garde music festival in The Hague (founded 2011). However, the submission data contains significant inaccuracies: the project name 'DeepHeart' is not reflected in the URL, the traction claim 'most people have used my product' is demonstrably false for a niche festival, and the '17000000 marketcap' likely confuses the festival with the Israeli FinTech company 'Rewire' or represents a misunderstanding of financial terms. While the entity is real and culturally significant (15th edition upcoming), it is an events-based non-profit, not a technology product, and the submission quality is very low.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+8.00
Technical Innovation+3.00
Evidence Of Traction+17.00
Market Timing Relevance+5.00
Functional Completeness+0.50
Subtotal+52.25
Usefulness Multiplierx0.99
Final Score+208

Project Details

Description
Rewire’s main activity is the annually held Rewire festival. Rewire is an annual international festival for forward-thinking music. The festival offers an extenstive programme featuring more than 100 concerts, multidisciplinary performances, screenings, talks and workshops. Besides the festival the organization is focused on presenting several other affiliated activities year round, most notably the concert series Rewire x Korzo and the discussion series Musical Material.

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