Proof of Usefulness Report

Novamint

Analysis completed on 2/20/2026

+306
Proof of Usefulness Score
Certified Problem Solver

Novamint is a verifiable B2B consultancy with legitimate expertise in 5G, IoT, and telecommunications standardization (e.g., 3GPP contribution). However, the project submission is of very low quality, containing hyperbolic claims (audience reach: 'everyone', traction: 'most people have used my product') and confusing financial metrics ('marketcap' likely refers to cumulative revenue). While the team's technical depth drives the innovation score up, the lack of verifiable specific product traction, the non-scalable nature of a boutique consultancy, and the poor response quality significantly reduce the overall Proof of Usefulness score.

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Score Breakdown

Real World Utility+100.0
Audience Reach Impact+30.0
Technical Innovation+105.0
Evidence Of Traction+25.0
Market Timing Relevance+70.0
Functional Completeness+2.5
Subtotal+332.5
Usefulness Multiplierx0.92
Final Score+306

Project Details

Project URL
Description
NOVAMINT is a team of successful digital entrepreneurs with 500+ digital projects. We don’t speculate on the digital future…We build it, as we develop innovations for corporations. Innovation is to get 2 things: get new products & services and/or get better process. So, 1/ we design/co-design products & solutions, 2/ we develop them on time, and 3/ you get the results. ROI are big: delight customers, increase revenues, increase speed to market, and lower costs. We are expert on: -IoT, 5G, Telecom -APIs, Platform, Apps & web -Data / IA We make your way!

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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