Proof of Usefulness Report

Fluo Technology Ltd.

Analysis completed on 2/21/2026

+4
Proof of Usefulness Score
You're In Business

The project appears to correspond to 'Fluo Technology Ltd', a UK company incorporated in 2016 and subsequently dissolved. The product descriptions (IoT/ESP32 hardware) match historical traces of the dissolved entity. The submission contains highly exaggerated and demonstrably false claims regarding traction ('most people have used my product') and revenue. The 'marketcap' figure is unsupported and likely erroneous. Given the dissolved status and lack of active presence, real-world utility and reach are negligible.

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+7.50
Audience Reach Impact+0.00
Technical Innovation+10.00
Evidence Of Traction+0.00
Market Timing Relevance+5.00
Functional Completeness+5.00
Subtotal+4.13
Usefulness Multiplierx1.08
Final Score+4

Project Details

Description
Fluo Technology provides a device platforms that enables users to quickly and easily build, connect and control their IoT applications. We are a young startup company made in the UK but with worldwide view

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