The project 'Elite-Iot' (submitted by 'BlazeStone') appears to be a niche B2B IoT consultancy service. However, the submission contains significant red flags and credibility issues. The claim that 'most people have used my product' is demonstrably false for a specialized consultancy. The audience reach claim of 'everyone' is inaccurate. Financial metrics are presented confusingly ('all time marketcap: 500000'), suggesting either low lifetime revenue ($500k over 6 years for a team of 6) or a misunderstanding of terms. While the underlying business concept (IoT consultancy for smart buildings) has theoretical utility, the lack of verifiable traction, the incoherence of the submission, and the exaggerated claims result in a very low Proof of Usefulness score.
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