Proof of Usefulness Report

Swapcard

Analysis completed on 1/31/2026

+597
Proof of Usefulness Score
Industry Mainstay

Project identified as Swapcard (despite 'WhisperRider' name in submission), a confirmed global market leader in event technology with significant revenue ($10M+) and user base (5M+). However, the submission quality is critically low, containing 'garbage' data (e.g., 'most people have used my product', 'marketcap: null') and lacking specific evidence. The score reflects the high verifiable value of the Swapcard platform, heavily penalized by the Quality Factor (Qi) for the lack of effort and accuracy in the submission inputs.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+95.0
Technical Innovation+120.0
Evidence Of Traction+118.8
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+663.8
Usefulness Multiplierx0.9
Final Score+597

Project Details

Project URL
Description
Swapcard is the leading event app backed by world-class investors and founded by a dynamic team of entrepreneurs, Swapcard was started by three childhood friends with the mission to empower professionals to network and to stay connected with ease. Swapcard is used in 47 countries across the globe and is now the No. 1 used solution in France.\n\nSwapcard works with leading event organizers worldwide - by providing a state-of-the-art mobile and web solution. Our platform facilitates networking and engagement for attendees with the latest technology such as machine learning (A.I.). We strive to provide value for attendees, speakers, exhibitors and most importantly event organizers by having a holistic approach to the event industry\n\n

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