Proof of Usefulness Report

Bolt Industries Pte. Ltd.

Analysis completed on 2/26/2026

+41
Proof of Usefulness Score
You're In Business

Bolt Industries is a verified renewable energy and IoT solutions provider based in Malaysia/Singapore (operating as Bolt Industries Sdn Bhd). While the company addresses a real-world problem (carbon footprint reduction) through solar installation and energy efficiency, the submission contains significant inaccuracies and exaggerated claims. The claimed reach ("everyone") and traction ("most people have used my product") are demonstrably false for a specialized SME with approximately 17 verified employees (contrary to the 125 claimed). The stated "marketcap" of 500,000 is ambiguous and likely reflects a misunderstanding of financial metrics or a small valuation in local currency. The project scores positively for sector relevance but is heavily penalized for low submission quality and lack of verifiable evidence supporting its massive scale claims.

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Score Breakdown

Real World Utility+16.25
Audience Reach Impact+1.5
Technical Innovation+3.6
Evidence Of Traction+4.5
Market Timing Relevance+8.0
Functional Completeness+0.125
Subtotal+33.98
Usefulness Multiplierx1.20
Final Score+41

Project Details

Description
We are in the renewable energy sector focusing on various renewable energy solutions, energy efficiency solutions and internet of things(IOT) solutions. Even though, we have vast experience in solar energy but we do not limit ourselves and we take on other renewable energy projects as well. Our main aim is to help organisations to reduce their carbon footprint on this earth.

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