Proof of Usefulness Report

Melvault

Analysis completed on 1/6/2026

+286
Proof of Usefulness Score
Gaining Momentum

Melvault is a verified IoT services company in Hyderabad with ~35 employees and approx $1.2M annual revenue, despite the low-quality submission. The project name 'IronKeeper' appears to be an internal or unreleased product with no digital footprint. The submission's claim that 'everyone' and 'most people' have used the product is factually incorrect and severely impacted the Quality Factors. The score is salvaged by the verifiable existence of the company and its revenue, placing it in the 'Comparable scale' category of small but established businesses, though lower than the HackerNoon baseline due to its service-based (non-product) nature and lack of brand reach.

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Score Breakdown

Real World Utility+112
Audience Reach Impact+20
Technical Innovation+48
Evidence Of Traction+75
Market Timing Relevance+60
Functional Completeness+2
Subtotal+318
Usefulness Multiplierx0.90
Final Score+286

Project Details

Project URL
Description
Melvault is a young generation Internet-of-Things company, providing plethora of innovative applications and services through connectedness and a greater customer experience \"Beyond Connectivity\"​.\n\nWe are evolving, check back soon for more updates!!
Audience Reach
everyone
Target Users
everyone
Technologies
Iot
Traction Evidence
most people have used my product

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