Solution 1:

According to technopedia

A proof of concept (POC) is a demonstration to verify that certain concepts or theories have the potential for real-world application. In a nutshell, a POC represents the evidence demonstrating that a project or product is feasible and worthy enough to justify the expenses needed to support and develop it.

POC is therefore a prototype that is designed to determine feasibility, but does not represent deliverables. It is usually required by investors who need tangible proof that a startup and its business proposal can guarantee a healthy return on investment (ROI)."