Proof of Usefulness Report

Fasken

Analysis completed on 2/13/2026

+575
Proof of Usefulness Score
Industry Mainstay

Fasken is a top-tier international law firm with significant real-world utility, estimated revenue exceeding $1B, and a team of ~2,500 (submission claim of 7,500 is exaggerated). While the project entity itself is highly established and impactful, the submission quality is poor ('MysticFang', 'most people have used my product'), leading to penalties in response quality and evidence verification. However, public data confirms its status as a market leader, justifying a high score despite the low-effort submission.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+120.0
Technical Innovation+22.5
Evidence Of Traction+148.75
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+598.75
Usefulness Multiplierx0.96
Final Score+575

Project Details

Project URL
fasken.com
Description
At Fasken, our clients don’t wait for the future. They build it. As the first and largest dedicated emerging tech practice in Canada, our team is composed of founders, ex in-house counsel, developers and business advisors who have guided clients from startup, to scale-up, to exit. The trust of our clients has enabled us to consistently rank at the top of every major Canadian M&A, Capital Markets and Venture Capital league table. With deep industry knowledge and experience across all areas of emerging and high growth technology including ClimateTech, MedTech, Artificial Intelligence, Fintech, and AgTech we’re your partners within the innovation ecosystem as you transform the landscape of what's possible. Tomorrow starts here. Own it with us. For more information, visit fasken.com/emergingtech

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