Proof of Usefulness Report

Cicada

Analysis completed on 2/6/2026

+396
Proof of Usefulness Score
Certified Problem Solver

Cicada Technologies is a verifiable, SEC-registered Alternative Trading System (ATS) focused on the institutional trading of Mexican government bonds, with approximately $7.6M in past funding. However, the submission quality is critically low, containing demonstrably false claims regarding audience reach ('everyone') and traction ('most people have used my product'), which contradicts the niche, institutional nature of the platform. While the technical and regulatory utility is high, the score is heavily penalized by the lack of credible user data and professional detail in the submission.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+10.0
Technical Innovation+112.5
Evidence Of Traction+37.5
Market Timing Relevance+75.0
Functional Completeness+2.5
Subtotal+450
Usefulness Multiplierx0.88
Final Score+396

Project Details

Project URL
cicada.io
Description
Cicada Technologies, Inc. is a financial technology company dedicated to revolutionizing the bond markets in Emerging Markets. Operating an SEC-registered Alternative Trading System (ATS) headquartered in Greenwich, CT, we concentrate our efforts on local currency bond markets for international investors, striving to enhance liquidity and facilitate all-to-all access while maintaining an anonymous trading environment. Leveraging our innovative technology and thoughtful product design, we aim to foster improved connectivity among market participants and simplify their trading processes. We are steadfast in our belief that technology holds the key to transforming traditional trading practices, and our platform reflects this ethos by providing seamless and secure transactions for institutions of all sizes. Join us as we work to meld technology and trading into a coherent whole, pushing the boundaries of efficiency and accessibility in the bond markets. Unlock boundless liquidity with Cicada.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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