Proof of Usefulness Report

Efco Electronics

Analysis completed on 2/27/2026

+558
Proof of Usefulness Score
Industry Mainstay

Efco Electronics is a legitimate, established subsidiary of a major Taiwanese embedded computing manufacturer (EFCO Technology/Everfine), founded in 1992. The company possesses significant real-world utility in the industrial IoT, gaming, and automation sectors, operating with a global footprint and likely revenue exceeding $20M+ (far surpassing the provided $500k figure). However, the project submission itself is of very low quality, containing inaccurate data (e.g., 'marketcap 500000', 'reach everyone') and lacking verifiable evidence of traction. While the underlying business is strong and scales well (Team 150+ globally), the PoU score is penalized by the lack of effort and precision in the submission, which obscures the true scale and impact.

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

View All Reports

Score Breakdown

Real World Utility+212.5
Audience Reach Impact+96.0
Technical Innovation+81.0
Evidence Of Traction+106.25
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+558.25
Usefulness Multiplierx1.0
Final Score+558

Project Details

Project URL
Description
EFCO established in 1992, a well-known innovative company in embedded computing technology is committed to the design and manufacture of Customized Embedded Systems and are a forerunner in Providing IoT Solutions. Headquartered in Taipei, Taiwan with a 2500m² and IOS9001/13485 Certified Manufacturing Facility featuring a High Level Assembly production center. EFCO have earned a reputation for quality and reliability offering extremely high flexibility on service and pursuing engineered solutions based upon customer’s imagination with advanced production and exceptional manufacturing efficiency. EFCO have been providing the right products/solutions for multiple industries including Gaming, Digital Signage, Smart Factory, Smart Transportation, Health Care, Security Control and Automation over the past 25 years.

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