Proof of Usefulness Report

Oaken Innovations

Analysis completed on 2/25/2026

+9
Proof of Usefulness Score
You're In Business

Oaken Innovations (Project Oaken) was a legitimate blockchain/IoT startup circa 2017, known for winning the UAE GovHack and a partnership with Toyota Research Institute. However, the project appears to have been dormant for several years, with no significant recent activity or adoption. The submission claims 'most people have used my product' and cites a market cap of 50,000 (presumably USD), which are contradictory and indicate a lack of current viability. The project is assessed as a 'zombie' initiative with high historical relevance but negligible current utility.

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Score Breakdown

Real World Utility+2.5
Audience Reach Impact+0.0
Technical Innovation+3.0
Evidence Of Traction+1.25
Market Timing Relevance+0.5
Functional Completeness+0.25
Subtotal+7.5
Usefulness Multiplierx1.15
Final Score+9

Project Details

Project URL
Description
Oaken Innovations builds cutting edge solutions for securing and optimizing IoT ecosystems using secure distributed software platforms. Our product is a secure, autonomous, machine to machine IoT platform built to provide the underlying infrastructure (hardware & software) needed to power smart cities.

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