Proof of Usefulness Report

The Event Collective

Analysis completed on 2/17/2026

+38
Proof of Usefulness Score
You're In Business

The submission for 'The Event Collective' lacks verifiable evidence and contains significant red flags. The domain 'event-collective.com' does not appear in top search results, which instead show multiple unrelated event planning businesses with similar names. The claim that 'most people have used my product' is demonstrably false, and the financial metric ('all time marketcap: 2500000') uses incorrect terminology for a service business. The 'technologies used' section lists a service category rather than technology, and the email format suggests an automated or temporary address. Consequently, the project scores extremely low on traction, reach, and technical innovation.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+30
Quality Factor Utility+0.5
Audience Reach Impact+5
Quality Factor Reach+0.5
Technical Innovation+0
Quality Factor Innovation+0.5
Evidence Of Traction+0
Quality Factor Traction+0.5
Market Timing Relevance+30
Quality Factor Timing+0.5
Functional Completeness+10
Quality Factor Response+0.5
Subtotal+37.5
Usefulness Multiplierx1.02
Final Score+38

Project Details

Description
The Event Collective is the premier one stop resource to creating a memorable, showstopping event for your company or organization. The Event Collective designs events and decor that reflect our clients’ personality & upscale lifestyle. We assure that the job is completed from beginning to end and that our customers are happy with the quality, creativity, craftsmanship and luxurious attention to detail throughout. Let The Event Collective help you create a Event that is magnificent, memorable and magical!

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