Proof of Usefulness Report

Vermillion Power Technologies

Analysis completed on 2/27/2026

+155
Proof of Usefulness Score
Gaining Momentum

Vermillion Power Technologies is a verifiable early-stage company (approx. 8 employees, ~$1.15M funding) developing renewable energy inverters. However, the submission contains significant inaccuracies: it claims 125 employees and that 'most people have used my product', whereas reality indicates a small team in the pilot/R&D phase. The 'IronWing' name appears to be the product branding, though unverified in search (Ironwing is also a Warhammer 40k term). The project has high potential utility and good market timing, but the submission's poor quality, false traction claims, and exaggerated scale heavily penalized the score. Valuation/Revenue metric 'marketcap: 500000' is non-standard and likely inaccurate.

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Score Breakdown

Real World Utility+68.0
Audience Reach Impact+10.0
Technical Innovation+64.0
Evidence Of Traction+20.0
Market Timing Relevance+90.0
Functional Completeness+10.0
Subtotal+172.4
Usefulness Multiplierx0.90
Final Score+155

Project Details

Project URL
Description
Vermillion Power Technologies are specialists in new product delivery; offering expertise in Renewable Energy Systems, Lighting, IOT, Power Electronics, Digital Controls, and Communications. It's about reducing Power, developing Controls, and building Connectivity. We make it work.

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