Proof of Usefulness Report

Xeropoint

Analysis completed on 2/20/2026

+12
Proof of Usefulness Score
You're In Business

The project 'Xeropoint' (IronWing) presents significant red flags regarding credibility and execution. While the company 'XEROPOINT LTD' is registered in the UK (est. 2017), it appears dormant with no visible product, customers, or active online presence despite the 7-year history. The submission claims a team of 30 and that 'most people have used my product,' which is demonstrably false for a niche B2B Industrial IoT solution. The financial metric provided ('all time marketcap: 50000') is non-standard and suggests a lack of commercial viability. The audience claim of 'everyone' further indicates a lack of market understanding. The project falls into the category of 'No verifiable traction or red flags'.

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Score Breakdown

Real World Utility+5.00
Audience Reach Impact+0.50
Technical Innovation+0.75
Evidence Of Traction+0.00
Market Timing Relevance+1.50
Functional Completeness+0.25
Subtotal+8.00
Usefulness Multiplierx1.15
Final Score+9

Project Details

Project URL
Description
The new startup developing an exciting Through Life Engineering and Industrial IoT SaaS platform.

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