Proof of Usefulness Report

Smart Carnival

Analysis completed on 2/26/2026

+195
Proof of Usefulness Score
Gaining Momentum

Smart Carnival appears to be a legitimate but small-scale IoT venture focused on automated photography for amusement rides (specifically water rides, citing hydrophobic lens tech). While the core utility is valid—modernizing ride photography—the submission contains significant exaggerations. The claim that 'most people have used my product' is contradicted by the stated financial data ('all time marketcap: 500,000', likely meaning total cumulative revenue or valuation), which implies a micro-scale operation since its 2016 launch. With a team of 6 and no major recent press or verifiable large-scale deployments since exhibiting at IAAPA 2018, the project seems to be a niche lifestyle business or stalled venture rather than a ubiquitous industry standard.

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Score Breakdown

Real World Utility+60
Real World Utility Quality+1
Audience Reach Impact+10
Audience Reach Impact Quality+0.5
Technical Innovation+45
Technical Innovation Quality+1
Evidence Of Traction+20
Evidence Of Traction Quality+1
Market Timing Relevance+40
Market Timing Relevance Quality+1
Functional Completeness+20
Response Quality Quality+1
Subtotal+190
Usefulness Multiplierx1.026
Final Score+195

Project Details

Description
Smart Carnival is an IoT technology company dedicated to the amusement and attraction industries. Smart Carnival’s mission is to modernize the amusement, carnival and inflatables industries with hardware and software that enhances the carnival-goer’s experience and enhances revenue for its customers. We take fun experiences and enhance the fun factor! Smart Carnival is engineer-led with a passion for creative thinking throughout the organization.

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