Proof of Usefulness Report

Blecon

Analysis completed on 2/21/2026

+620
Proof of Usefulness Score
Category Standard

Blecon is a legitimate, high-potential B2B IoT infrastructure company that raised $4.6M in Seed funding (Oct 2024) and holds partnerships with Nordic Semiconductor and Zebra Technologies. Their technology democratizes Bluetooth IoT connectivity by eliminating pairing, offering a 'cellular-like' model. However, the submission quality was extremely poor, containing false claims ('most people have used my product'), inaccurate audience definitions ('everyone'), and ambiguous financial data ('marketcap 2500000'). While the project's real-world utility and innovation are exceptional, the final score is significantly dampened by the low quality factors applied to the unsupported and hyperbolic claims in the submission.

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Score Breakdown

Real World Utility+22.5
Audience Reach Impact+7.0
Technical Innovation+12.75
Evidence Of Traction+10.63
Market Timing Relevance+8.5
Functional Completeness+0.5
Subtotal+61.88
Usefulness Multiplierx1.00
Final Score+620

Project Details

Project URL
Description
Blecon is a Network that enables physical products to communicate with cloud applications using Bluetooth Low Energy - from simple Beacons to advanced IoT Products.

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