Proof of Usefulness Report

Loba Wellness

Analysis completed on 1/25/2026

+39
Proof of Usefulness Score
You're In Business

The project represents a legitimate attempt at a smart pill organizer (IoT hardware + app) that raised ~$265K and achieved a $5M valuation at its peak. However, critical findings indicate the business is currently 'winding down' or paused, with the online store closed, severely impacting real-world utility. The submission itself contains highly inaccurate and unprofessional claims (e.g., audience reach 'everyone', traction 'most people have used my product'), which contradicts the reality of a niche, struggling hardware startup. While the technical implementation was sound, the project appears to be a commercial failure at this stage.

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Score Breakdown

Real World Utility+70
Audience Reach Impact+20
Technical Innovation+70
Evidence Of Traction+40
Market Timing Relevance+40
Functional Completeness+10
Subtotal+35.75
Usefulness Multiplierx1.09
Final Score+39

Project Details

Project URL
Description
The Loba App - https://shoploba.com/pages/the-app \nAnd our smart, wifi connected pill organizers - https://shoploba.com/

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