Proof of Usefulness Report

Oaks Labs

Analysis completed on 2/25/2026

+446
Proof of Usefulness Score
Certified Problem Solver

Oaks Labs is a verified smart lock hardware provider linked to Rently, a major property tech company with significant market reach. While the underlying business scale (125 employees, national operators) suggests high utility and traction, the submission itself is of extremely low quality (e.g., 'most people have used my product', 'SwiftFang'). Public reviews indicate reliability and support issues (2.9/5 stars), which impacts the utility score. The score reflects the project's verifiable substantial backing and infrastructure, heavily penalized for a lack of professional evidence and poor consumer sentiment.

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Score Breakdown

Real World Utility+60.0
Audience Reach Impact+35.0
Technical Innovation+60.0
Evidence Of Traction+40.0
Market Timing Relevance+50.0
Functional Completeness+10.0
Subtotal+46.5
Usefulness Multiplierx0.96
Final Score+446

Project Details

Project URL
welcomeoaks.com
Description
Unlike other IoT providers, Oaks aims to provide hubless constantly connected IoT technologies with a flexible Open API to consumers and developers. Launched by the same founders of Rently, an access solution used by millions of renters nationwide, Oaks technology already powers some of the largest single-family and multifamily operators in the nation. With the new Oaks lock, we want to provide our enterprise-grade technology to consumers who are tired of “walled garden” IoT ecosystem’s and hub based smart homes. In addition to being one of the most secure deadbolt locks on the market (with Grade 2 security and no keyhole to prevent picking/bumping), OAKS Lock 3, is the slimmest smart lock in the world with BLE, App, NFC and FOB functionality. Visit WelcomeOaks.com to learn more!

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