Proof of Usefulness Report

GRECiOT

Analysis completed on 2/27/2026

+53
Proof of Usefulness Score
You're In Business

GRECiOT is a verified entity in Thessaloniki, Greece, offering legitimate IoT/Air Quality solutions with proven pilot projects (e.g., Region of Central Macedonia). However, the submission itself contains significant inaccuracies and hyperbole (claiming 'most people' have used it, listing 'marketcap: 50000' as revenue). While the real-world utility of air quality monitoring is high, the discrepancy between the submitted claims (30 employees, global reach) and public records (2 employees, local B2G focus) severely impacts the score.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+3.0
Technical Innovation+7.5
Evidence Of Traction+7.5
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal+46.25
Usefulness Multiplierx1.15
Final Score+53

Project Details

Project URL
Description
GRECiOT is located in Thessaloniki in Greece. Offers an IoT Ecosystem and gives complete solutions like: Outdoor air quality Indoor air quality Environmental Μonitoring (IoT Sensors) Assets Management Data analytics, Besides the development of all-in-one solutions for major clients, GRECiOT offers scalable Software Development Kits (SDK), which lets developers integrate our key technologies into third party applications. Our Vision We build a better tomorrow. One idea, one innovation, and one change at a time. GRECiOT helps cities become smarter, safer, more responsive and resilient. That brings urban science, breakthrough strategies and disruptive digital technologies to solve complex problems in new ways. We are passionate futurists, dreamers and innovators building a better tomorrow. We want to save lives, improve living standards, transform societies, and make a difference. We are at the forefront of the next wave of digital innovation and transformation. We learn by doing. We improve by doing. We lead by doing. We are innovation catalysts working with a sense of urgency.

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