Proof of Usefulness Report

LVX System

Analysis completed on 1/25/2026

-18
Proof of Usefulness Score
Lab Mode

The project represents a failed venture (LVX System) currently in Chapter 7 bankruptcy with minimal assets (~$1,600) and significant debts ($5.8M). The founders face SEC charges for fraudulent misrepresentation to investors. The submission claim that 'most people have used my product' is demonstrably false; the technology (Li-Fi) saw no mass adoption, and the patent portfolio is being liquidated. The submission contains significant red flags and lacks credibility.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+2.25
Evidence Of Traction-18.75
Market Timing Relevance+0.00
Functional Completeness+0.00
Subtotal-15.25
Usefulness Multiplierx1.15
Final Score-18

Project Details

Project URL
lvxsystem.com
Description
LVX System is a company that specializes in innovative lighting and communication technologies. They focus on developing and implementing advanced lighting solutions that integrate with communication systems to enhance efficiency and connectivity. By leveraging their expertise in light-based technologies, LVX System aims to provide sustainable and cutting-edge solutions for various industries, including commercial, industrial, and residential sectors. Their products and services are designed to improve energy efficiency, reduce operational costs, and offer seamless integration with modern communication networks.

Algorithm Insights

Market Position
Early stage requiring focused development
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