Proof of Usefulness Report

Woolknot

Analysis completed on 2/14/2026

+29
Proof of Usefulness Score
You're In Business

Woolknot is a traditional rug manufacturer and wholesaler, not a technology project. While the business appears to have physical utility and a claimed team of 30, the submission lacks verifiable evidence and technical innovation. The claim that 'most people have used my product' is unverifiable and likely exaggerated. The financial metric labeled 'all time marketcap' is confusing and suggests a misunderstanding of business terminology. The project scores low on a technology evaluation framework due to the absence of software innovation and low-quality submission data.

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Score Breakdown

Real World Utility+10.0
Audience Reach Impact+3.0
Technical Innovation+0.75
Evidence Of Traction+5.63
Market Timing Relevance+5.0
Functional Completeness+0.5
Subtotal+24.88
Usefulness Multiplierx1.15
Final Score+29

Project Details

Project URL
Description
Woolknot is a manufacturer and wholesaler company that provides a diverse catalog of rugs with the latest trends in color and design for home decor.

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