Proof of Usefulness Report

Echolo

Analysis completed on 1/24/2026

+36
Proof of Usefulness Score
You're In Business

Echolo appears to be a legitimate small IoT consultancy established in 2017, but the project submission is severely compromised by low-quality data and hyperbolic claims. Assertions such as an audience reach of 'everyone' and traction claiming 'most people have used my product' are unrealistic for a niche B2B firm with a team of six. Additionally, the use of the term 'marketcap' is confusing in this context, likely indicating a misunderstanding of metrics or a lack of detail. While the underlying business sector (IoT) has utility, the submission fails to provide verifiable evidence of impact or innovation.

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Score Breakdown

Real World Utility+17.50
Audience Reach Impact+2.00
Technical Innovation+3.60
Evidence Of Traction+3.75
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal+33.1
Usefulness Multiplierx1.09
Final Score+36

Project Details

Project URL
Description
We’re a team of expert & seasoned IoT consultants. We build custom IoT solutions for large and small companies, from hardware to software we have you covered.

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