Norasys AB appears to be a small engineering consultancy established in 2018. The submission suffers from significant credibility gaps, particularly the claim that 'most people' have used their product and an audience reach of 'everyone,' which contradict the small team size (6) and ambiguous financial metrics ('marketcap: 500000'). While the focus on IoT and AI is relevant, the lack of specific case studies, the confusion between revenue and market cap, and the hyperbolic claims result in a low Proof of Usefulness score suitable for a venture with minimal verifiable traction.
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Score Breakdown
Project Details
Algorithm Insights
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