Proof of Usefulness Report

1820 Ventures

Analysis completed on 2/8/2026

+47
Proof of Usefulness Score
You're In Business

1820 Ventures is a verifiable real estate development firm in Indianapolis with significant local projects (e.g., $84M Cole Motor redevelopment, $120M Jail II). However, the submission contains severe inaccuracies, including a mismatched project name ('CrimsonForge'), unrealistic audience claims ('everyone', 'most people'), and confusing financial data ('marketcap: 2500000', likely a typo or misunderstanding of AUM). While the underlying business is legitimate and capital-intensive, the submission quality is extremely low, and the project lacks the technical scalability typically rewarded in this framework.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+2.00
Technical Innovation+0.75
Evidence Of Traction+14.00
Market Timing Relevance+5.00
Functional Completeness+0.25
Subtotal+40.75
Usefulness Multiplierx1.15
Final Score+47

Project Details

Project URL
Description
1820 is a firm focused on investing in the potential of people and place. Carrying the torch from Indianapolis' founding in 1820, we aim to create impactful new developments that benefit our entire city. 1820 focuses on multifamily, office, and mixed use investments where we can merge our experience of identifying great opportunities with wise underwriting and creative execution. With this approach, we deliver both strong financial returns and community impact.

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