Proof of Usefulness Report

IoT Company

Analysis completed on 2/20/2026

+30
Proof of Usefulness Score
You're In Business

IoT Avenue is a functional, established niche news blog focusing on the Internet of Things, particularly in the Indian market. Search results confirm it has been active since at least 2019 and is cited as a source in industry reports and academic papers (e.g., regarding IoT startup statistics in India). However, the project submission contains significant exaggerations, claiming 'most people have used my product' and an audience of 'everyone,' which contradict its actual status as a low-traffic niche site (Semrush rank ~7.5M). The 'marketcap' figure is ambiguous and likely misused. While it provides verified informational utility, its commercial traction and technical innovation are minimal compared to the evaluation baseline.

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Score Breakdown

Real World Utility+55
Audience Reach Impact+15
Technical Innovation+5
Evidence Of Traction+35
Market Timing Relevance+40
Functional Completeness+10
Subtotal+28.75
Usefulness Multiplierx1.04
Final Score+30

Project Details

Project URL
Description
IoT avenue provides latest IoT news and technology updates. Get current information about IoT companies and events.

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