Proof of Usefulness Report

Insight IoT

Analysis completed on 2/20/2026

+37
Proof of Usefulness Score
You're In Business

The submission describes 'Insight IoT' (insightiotsolutions.com), a legitimate small business in Western Canada that resells and integrates third-party energy management solutions (Eniscope, Best.Energy). However, the submission itself is of extremely low quality and contains demonstrably false claims. The user states 'most people have used my product' and that the audience is 'everyone', which is impossible for a niche B2B consultancy. The financial metric 'marketcap: 500000' is ambiguous and likely conflates revenue with crypto terminology. While the underlying business has real-world utility as an energy service provider, the lack of proprietary innovation (distributor model) and the dishonest submission data result in a very low score.

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+17.50
Audience Reach Impact+1.00
Technical Innovation+3.00
Evidence Of Traction+6.25
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal+34
Usefulness Multiplierx1.09
Final Score+37

Project Details

Description
We are are a passionate provider of cost-effective energy optimizing technology services. We will minimize your energy costs and carbon footprint by maximizing how efficiently energy is used and eliminating costly waste. We use the most advanced tech combined with power of Big Data, AI and IoT to provide tailored solutions.

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