Proof of Usefulness Report

Ikano Group

Analysis completed on 1/24/2026

+589
Proof of Usefulness Score
Industry Mainstay

The submission represents Ikano Group, a legitimate and massive international conglomerate (IKEA spin-off) with verified domain ownership. However, the submission quality is extremely low, featuring inconsistent data (team size 750 vs 8,000), terminology errors ('marketcap' for a private entity), and hyperbolic claims ('most people', 'everyone'). Despite the lack of effort in the entry, the verifiable scale, revenue, and utility of the actual entity drive a high score, situated in the 'Much larger scale' bracket but penalized for poor presentation and lack of technical detail.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+160.0
Technical Innovation+15.0
Evidence Of Traction+170.0
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+620
Usefulness Multiplierx0.95
Final Score+589

Project Details

Project URL
Description
At Ikano, our vision is to create possibilities for better living. We are an international group of companies with around 8,000 co-workers in 11 countries, active within real estate, production, insurance, data analytics and retail. Ikano Group was established in 1988 and is owned by the Kamprad family. We are guided by our mission to simplify the many people’s lives and we do this by working together to create relevant, affordable and sustainable solutions based on fair terms.

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