Proof of Usefulness Report

Iota Lab

Analysis completed on 2/26/2026

+42
Proof of Usefulness Score
You're In Business

The submission represents an early-stage or hobbyist electronics project (Iota Lab Chile) with critical quality issues. The project description contains placeholder text ('Lorem ipsum'), and the claims of traction ('most people have used my product') are demonstrably false and lack credibility. While a footprint exists on niche community sites like PCBWay, the project lacks a functional business model, verifiable revenue, or significant market reach. The submission quality is extremely low, indicating a lack of professional readiness.

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Score Breakdown

Real World Utility+30
Audience Reach Impact+10
Technical Innovation+20
Evidence Of Traction+5
Market Timing Relevance+40
Functional Completeness+10
Subtotal+57.5
Usefulness Multiplierx0.73
Final Score+42

Project Details

Project URL
Description
Hacemos tus ideas realidad Contáctanos Nos ajustamosa tus necesidades Transformamos tus ideas en productos y servicios electrónicos Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore. Electrónica Diseño de Hardware IoT Desarrollo a medida Electrónica

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