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Proof of Usefulness Report

Synaps Labs

Analysis completed on 3/16/2026

+244
Proof of Usefulness Score
Gaining Momentum

Synaps Labs offers a legitimate B2B solution for DOOH advertising and retail analytics with a solid technical foundation in computer vision. However, the project's submission is severely undermined by exaggerated and unsupported claims (e.g., audience reach of 'everyone', 'most people have used my product'). As a result, heavy quality penalties were applied to traction and reach criteria, keeping the overall score moderate despite an established team size and verifiable use-case.

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Score Breakdown

Real World Utility+125
Audience Reach Impact+10
Technical Innovation+75
Evidence Of Traction+25
Market Timing Relevance+60
Functional Completeness+2.5
Subtotal+297.5
Usefulness Multiplierx0.82
Final Score+244

Project Details

Project URL
Description
Synaps Labs is a computer vision and machine learning company. We specialize in hardware and software development, helping companies convert video data into business solutions. Our team develops SaaS AI enabled products that analyze car traffic and footfall to generate recurring value for our clients and partners across the globe in digital, out-of-home advertising, retail, and fashion industries. Launched in 2016 with the support of MIT Sandbox, Synaps Labs has been a pioneer of video analytics, introducing and managing digitalized billboard content in real-time based on traffic data. The team developed a platform for programmatic buying in digital out-of-home advertising agencies and media owners with advanced media planning and optimization capabilities. Since 2018, Synaps Labs has been developing a set of SaaS video analytical products for retailers which help clients increase their marketing and operational effectiveness via license plate recognition, footfall heatmaps, and route analysis. Synaps Insights is a self-service platform that provides the marketing teams of outlets and shopping centers with accurate data on customer loyalty.

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