Proof of Usefulness Report

Secure-IoT

Analysis completed on 2/26/2026

+5
Proof of Usefulness Score
You're In Business

The submission suffers from critical credibility issues and appears to be a low-effort or 'spam' entry. While the domain 'secure-iot.eu' corresponds to a legitimate EU Horizon 2020 research project, the submission details—specifically the claim that 'most people have used my product' and the revenue listed as 'marketcap: 500000'—are demonstrably false and inconsistent with a research consortium. The contact name 'SilentStorm' and the numeric email prefix further suggest a lack of professional standing. The project offers no verifiable evidence of traction, actionable utility, or technical implementation beyond generic buzzwords.

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Score Breakdown

Real World Utility+20
Quality Factor Utility+0.5
Audience Reach Impact+0
Quality Factor Reach+0.5
Technical Innovation+10
Quality Factor Innovation+0.5
Evidence Of Traction+0
Quality Factor Traction+0.5
Market Timing Relevance+40
Quality Factor Timing+0.5
Functional Completeness+10
Quality Factor Response+0.5
Subtotal+5.5
Usefulness Multiplierx0.91
Final Score+5

Project Details

Project URL
Description
Secure-IoT includes all parts of security: Secure Element; Secure Boot, Encryption+Communication; Device-Authentication; Authorized Transactions +Lifecycle Mngt.

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