Proof of Usefulness Report

Kandola Network

Analysis completed on 1/24/2026

+65
Proof of Usefulness Score
You're In Business

Kandola Network is a legitimate pre-seed stage project (raised ~$450k in 2022 from investors like Alpha Wave Global and Polygon's Sandeep Nailwal) focused on decentralized IoT security and data privacy (DePIN). However, the submission itself contains highly inaccurate and hyperbolic claims (e.g., claiming 'most people have used my product' and 'audience reach: everyone'), which severely impacts credibility. While the technical problem-solution fit is strong (IoT privacy/GDPR) and the market timing for DePIN is excellent, verifiable traction is limited to early funding and a testnet, with GitHub activity appearing mixed or stale. The score reflects the project's valid foundation and backing, penalized by the lack of live user metrics and the poor quality of the submission data.

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Score Breakdown

Real World Utility+85.0
Audience Reach Impact+16.0
Technical Innovation+75.0
Evidence Of Traction+45.0
Market Timing Relevance+85.0
Functional Completeness+5.0
Subtotal+60.25
Usefulness Multiplierx1.08
Final Score+65

Project Details

Project URL
kandola.network
Description
\"Who has seen an advertisement that has convinced you that your microphone is listening to your conversations?\" - The Great Hack.\nInternet of Things (IoT) devices are some of the least secure connected machines, but they are also becoming indispensable.\n\nEnterprises and centralised systems cannot be trusted with critical and massive amounts of data. GDPR violation fines by enterprises reached 1.14B USD in Q3 of 2021 alone. New global and local IoT laws are the first steps in the right direction. Simply put, we need secure and scalable IoT systems going forward to be regulatory compliant and address privacy and security the right way.\n\nDecentralised architecture is the right approach to solve such trust issues. Kandola.network using its innovative real time distributed message queue and decentralised IoT data store is designed to address security and data privacy issues while maintaining the scalability requirements for IoT.\nKandola Network will be that full stack, decentralised IoT platform that's ready to use.\n\nIf you're a developer in the Web3 world, come join us in the journey towards building the MagnaVerse : The Web3 IoT Universe

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