Proof of Usefulness Report

Select IOT Ltd.

Analysis completed on 2/21/2026

+25
Proof of Usefulness Score
You're In Business

While 'Select IoT Ltd.' appears to be a legitimate UK-registered B2B entity providing IoT connectivity (selectiot.com), the submission itself contains significant red flags and low-quality data. The name 'StarClaw' is unrelated to the business (likely a user handle or fictional reference). Claims such as 'most people have used my product' are demonstrably false for a niche B2B SIM provider, and financial metrics ('all time marketcap: 500000') are nonsensical. The project offers a standard utility (IoT SIMs) but fails to provide credible evidence of the claimed reach or traction.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+60
Audience Reach Impact+10
Technical Innovation+20
Evidence Of Traction+10
Market Timing Relevance+50
Functional Completeness+10
Subtotal+21.9
Usefulness Multiplierx1.15
Final Score+25

Project Details

Project URL
selectiot.com
Description
With over 20 years experience in the IoT industry, Select IoT enables our partners to seamlessly deploy and manage their IoT products globally. Select IoT provides a global SIM for any enterprise with an internationally connected business that needs to connect its customers, products or assets. We work effortlessly to support our partners from proof on concept testing to full deployment to ensure a successful and trouble free deployment of IoT devices.

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