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Proof of Usefulness Report

Nilocas AI

Analysis completed on 3/10/2026

-28
Proof of Usefulness Score
Lab Mode

The project addresses a legitimate medical challenge (non-invasive CAD detection) but suffers from severe credibility issues. Claims that 'everyone' is the target audience and 'most people have used my product' are blatantly false for an unreleased medical device. Furthermore, submitting an 'all time marketcap' of 500,000 in place of monthly revenue demonstrates a lack of basic business clarity. Due to these massive red flags, completely unverified traction, and vague technical details, the project receives a negative score.

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Score Breakdown

Real World Utility+75
Audience Reach Impact-20
Technical Innovation+30
Evidence Of Traction-125
Market Timing Relevance+25
Functional Completeness-10
Subtotal-25
Usefulness Multiplierx1.12
Final Score-28

Project Details

Project URL
Description
Nilocas AI is developing a medical device that is set to revolutionize the detection of Coronary Artery Disease in a variety of care settings, using a non- invasive detection system. The device is a patch placed on the chest which captures the sounds of turbulent blood flow as it navigates through coronary arteries (stenosis), narrowed due to disease.

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