Proof of Usefulness Report

ElmoCity

Analysis completed on 2/27/2026

+33
Proof of Usefulness Score
You're In Business

ElmoCity is a verified Greek municipal contractor (S.A. est. 2017) supplying physical equipment like waste bins and playgrounds, rather than a scalable technology product. The submission contains hyperbolic claims ('everyone' audience, 'most people' traction) and misuses terminology ('marketcap' likely refers to share capital). While the business has real-world utility in the B2G sector, it lacks the technical innovation, digital reach, and verifiable growth signals required for a high Proof of Usefulness score in a technology context.

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Score Breakdown

Real World Utility+15.0
Audience Reach Impact+2.0
Technical Innovation+0.75
Evidence Of Traction+8.0
Market Timing Relevance+5.0
Functional Completeness+0.25
Subtotal+31
Usefulness Multiplierx1.06
Final Score+33

Project Details

Project URL
elmocity.gr
Description
ElmoCity has been active in the trading and service provision sectors, dealing with a range of recipients from the public sector to private companies, since 1985. Our products and services cover a wide palette of our clients' needs, including: -Waste management and relevant smart software systems -Educational programs in relation to recycling through experiential training seminars offered at key points/places of interest (festivals, schools, etc.) -Urban equipment targeting regeneration (Internet of Things, -Smart Spots, Green Points, etc.) -Outdoor playground & fitness equipment -Plant machinery & equipment -Surveillance and security systems The aim of our company is to create a sustainable way of life in the city where people mobilise and work, by improving the existing infrastructure of the municipality, through available and future technologies. Responding to the increasing demands for innovative products, our company is constantly looking for the best solutions that fit its customers scope(s).

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