Proof of Usefulness Report

HackerX

Analysis completed on 2/10/2026

+557
Proof of Usefulness Score
Industry Mainstay

HackerX is a well-established global recruiting event series with verified operations in 125+ cities and estimated annual revenue of ~$7M+, significantly outperforming the 'CrimsonWing' submission's poor quality. While the submission contained hyperbolic claims ('most people have used my product') and confusing financial metrics ('17000000 marketcap', likely valuation or cumulative), external search confirms it is a legitimate, high-traction business working with top-tier tech companies. The score reflects strong real-world utility and verified traction, penalized slightly for the lack of technical detail and unprofessional submission quality.

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Score Breakdown

Real World Utility+200.0
Audience Reach Impact+120.0
Technical Innovation+36.0
Evidence Of Traction+212.5
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+631
Usefulness Multiplierx0.88
Final Score+557

Project Details

Project URL
hackerx.org
Description
HackerX is global developer talent community We operate a job matching platform connecting software developers with top companies and startups and operate over 300+ networking & recruiting focused events in 125+ cities every year. Working over 3,000+ tech companies including Uber, Airbnb, Tesla, SpaceX, Oracle, Microsoft, Priceline, and some of world's fastest growing startups, our mission is to help build up the tech ecosystem globally by building and connecting people with amazing opportunities.

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