Dyocense is a legitimate but very small IoT middleware company based in Bangalore, India, founded in 2018. External verification (Tracxn, corporate filings) confirms a team size of fewer than 10 employees (contrary to the claimed 125) and no external funding. The submission contains significant exaggerations, notably the claim that 'most people have used my product' (false for a niche B2B tool) and an audience reach of 'everyone'. The revenue figure appears to be a confused 'market cap' metric, likely in INR, representing a micro-cap valuation rather than verified revenue. The project falls into the 'Minimal Traction' category with substantial penalties for misleading submission data.
Ready to Compete for $150k+ in Prizes?
Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes
Score Breakdown
Project Details
Algorithm Insights
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