Proof of Usefulness Report

UK Biotech Day

Analysis completed on 2/13/2026

+4
Proof of Usefulness Score
You're In Business

The submission for 'UK Biotech Day' presents significant red flags indicating a low-credibility or spam entry. The claim that 'most people have used my product' is demonstrably false. Describing audience reach as 'everyone' demonstrates a lack of market understanding. The financial metric listed is 'marketcap' rather than revenue, suggesting a potential unverified crypto token project rather than a legitimate industry event. No external evidence was found to validate the existence of a major event under this specific name or the team size of 30.

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Score Breakdown

Real World Utility+1.88
Audience Reach Impact+0.50
Technical Innovation+0.38
Evidence Of Traction+0.00
Market Timing Relevance+1.00
Functional Completeness+0.00
Subtotal+3.76
Usefulness Multiplierx1.08
Final Score+4

Project Details

Project URL
Description
UK Biotech Day connects pharma, biotech, medtech, investors, and service providers for dealmaking, networking, and innovation in the UK and global life sciences sector.

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