Proof of Usefulness Report

Nibiaa Consultancy Pvt. Limited

Analysis completed on 2/11/2026

+78
Proof of Usefulness Score
You're In Business

Nibiaa Devices is a legitimate, verified B2B agritech startup in India (Manipur) specializing in tea industry traceability using IoT and Blockchain. They have verifiable government incubation (AIC-SMUTBI) and early pilots. However, the project submission itself was of extremely low quality, containing factually incorrect claims (e.g., 'most people have used my product', 'audience: everyone') and confusing financial data ('marketcap: 500000' likely referring to valuation or a typo). While the underlying business has real-world utility in the supply chain sector, the submission's lack of credibility and accurate data severely penalizes the score.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+75
Audience Reach Impact+20
Technical Innovation+65
Evidence Of Traction+30
Market Timing Relevance+70
Functional Completeness+10
Subtotal+43.75
Usefulness Multiplierx1.15
Final Score+50

Project Details

Description
Nibiaa Devices is working on transforming the Package food industry supply-chain by bringing in Complete traceability and transparency in raw material sourcing, manufacturing and distribution related data through IoT, Blockchain and AI Technology.

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