Proof of Usefulness Report

Source IoT

Analysis completed on 1/24/2026

-2
Proof of Usefulness Score
Lab Mode

The submission for 'Source IoT' presents significant red flags. The claim that 'most people have used my product' is verifiably false for a niche B2B entity with no search visibility. The 'audience reach' of 'everyone' is unrealistic. The project lacks a clear value proposition, functional digital footprint, or credible team details. The revenue metric is incoherent ('all time marketcap'). Consequently, the project receives a negative score due to lack of proof and misleading claims.

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Score Breakdown

Real World Utility+0.63
Audience Reach Impact+0.00
Technical Innovation+0.00
Evidence Of Traction-2.50
Market Timing Relevance+0.50
Functional Completeness+0.00
Subtotal-1.37
Usefulness Multiplierx1.15
Final Score-2

Project Details

Project URL
Description
Smart building technology has evolved over the years, but the industry continues to struggle with adopting new technology that creates positive change. Source IoT was formed to help accelerate the adoption of new technologies that create sustainable business outcomes for stakeholders at all levels in the proptech and smart building space.

Algorithm Insights

Market Position
Early stage requiring focused development
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