Proof of Usefulness Report

Verithings

Analysis completed on 1/24/2026

+4
Proof of Usefulness Score
You're In Business

The submission contains significant red flags indicating it is likely a test entry or fabrication. The claim that 'most people have used my product' is demonstrably false, and the audience reach of 'everyone' is unrealistic. There is no verifiable digital footprint for 'Verithings' or the 'Thingsweb' IoT solution, despite a claimed launch in 2018 and a 30-person team. The financial metric provided is malformed and inconsistent with the stated team size.

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Score Breakdown

Real World Utility+1.25
Audience Reach Impact+0.00
Technical Innovation+0.75
Evidence Of Traction+0.00
Market Timing Relevance+1.00
Functional Completeness+0.00
Subtotal+3
Usefulness Multiplierx1.15
Final Score+3

Project Details

Project URL
Description
The business environment has never been more competitive. To succeed, organizations need the perspective and expertise to deliver what customers and employees expect from them in the digital world. That’s precisely what we provide. Our end-to-end solution give you the insights you need to lead your digital transformation without worrying about underlying infrastructure, costs or maintenance. Thingsweb - Our end-to-end IoT solution enables you to easily and securely connect and manage millions of devices. You can gather data from, run sophisticated analytics on, and take actions in real-time on a diverse fleet of sensors and devices. Thingsweb is based on open, industry-standard technologies and can be scaled in a seamless and future-proof way.

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