Proof of Usefulness Report

Hackrate

Analysis completed on 2/2/2026

+270

Proof of Usefulness Score

Gaining Momentum

Hackrate is a verified, legitimate bug bounty and ethical hacking platform based in Hungary, established around 2019. Despite the low-quality submission (claiming 'everyone' as audience and 'most people' as traction), external verification confirms a solid B2B business with 11-50 employees and reputable clients like Proctorio, SEON, and XUND. The platform has valid third-party reviews (Gartner, SourceForge) and verifiable revenue streams. The score is penalized by the poor response quality but buoyed by the project's actual real-world utility and verified market traction.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+94.5

Audience Reach Impact+45.5

Technical Innovation+39.38

Evidence Of Traction+74.38

Market Timing Relevance+29.75

Functional Completeness+0.88

Subtotal+284.39

Usefulness Multiplierx0.95

Final Score+270

Project Details

Project URL

https://www.hckrt.com

Description

Our platform helps companies to identify software vulnerabilities in a cost-efficient way. It provides a secure and centralized view of ethical hacking projects for your company.

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