Proof of Usefulness Report

Truesync IoT Systems

Analysis completed on 2/27/2026

+152
Proof of Usefulness Score
Gaining Momentum

Truesync IoT Systems is a verifiable UK-based entity (Inc. 2020) with a legitimate B2B product portfolio including the IoTrium Platform and Edge Gateways for smart metering and LPWA networks. However, the project submission is severely compromised by hyperbolic and inaccurate claims (e.g., 'most people have used my product', 'audience: everyone') and misuse of financial metrics ('marketcap' in place of revenue). While the technology has genuine utility in the industrial IoT sector, the 'completely free' claim contradicts standard hardware/enterprise business models, and verified traction appears limited to niche pilots rather than the claimed mass adoption. The score reflects a legitimate 'Small but promising' business penalized for a low-quality, misleading submission.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+8.0
Technical Innovation+36.0
Evidence Of Traction+15.0
Market Timing Relevance+24.0
Functional Completeness+2.0
Subtotal+160
Usefulness Multiplierx0.95
Final Score+152

Project Details

Project URL
Description
Truesync IoT is a leading provider of secure and powerful IoT solutions, offering the IoTrium IoT Platform and Open Edge Gateways for smart meters, sensors, and field devices. Our platform enables seamless integration with diverse systems and business applications, ensuring smooth and reliable data flow across your enterprise. Built to scale securely to billions of devices, IoTrium supports both on-premise and cloud deployments. With native support for LPWA-constrained devices, it enables seamless, secure connectivity from low-power field devices to enterprise-level applications. Best of all, the IoTrium IoT Platform is completely free. To learn more or get started, contact us at support@truesync.io.

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