Proof of Usefulness Report

Embneusys

Analysis completed on 2/28/2026

+56
Proof of Usefulness Score
You're In Business

Embneusys is a legitimate Greek IoT startup offering hardware/software solutions for construction asset tracking, verified through external sources (Elevate Greece, pilot programs). However, the submission itself is of extremely low quality, containing demonstrably false claims (e.g., 'most people have used my product', audience 'everyone') and confusing financial metrics ('marketcap' instead of revenue). While the technology (NB-IoT hardware) and problem-solution fit are real, the project is early-stage (<1000 devices estimated) and the submission's lack of seriousness heavily penalizes the score.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+40
Technical Innovation+80
Evidence Of Traction+45
Market Timing Relevance+65
Functional Completeness+10
Subtotal+49.625
Usefulness Multiplierx1.12
Final Score+56

Project Details

Project URL
Description
IoT platform that helps construction and rental companies to monitor their machinery and equipment regarding location and working conditions, using NB IoT.

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