Proof of Usefulness Report

Ikigai Asset Management

Analysis completed on 2/9/2026

+40
Proof of Usefulness Score
You're In Business

The project represents a known crypto hedge fund, Ikigai Asset Management, which suffered catastrophic losses in the 2022 FTX collapse and is effectively dormant/in liquidation. The submission contains blatantly false claims (e.g., 'most people have used my product', audience 'everyone') and low-quality data. The user alias and email format suggest a low-effort or test submission. Due to the lack of current utility, failed traction, and submission falsehoods, the score is penalized to the lowest tier.

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+1.25
Audience Reach Impact+1.00
Technical Innovation+0.75
Evidence Of Traction+0.00
Market Timing Relevance+1.00
Functional Completeness+0.00
Subtotal+4
Usefulness Multiplierx1.0
Final Score+40

Project Details

Project URL
ikigai.fund
Description
Ikigai Asset Management is a long/short multistrat hedge fund investing in crypto assets. We seek to generate superior risk-adjusted returns through the execution of venture stage pre-ICO investments and both systematic and fundamental liquid hedge fund strategies. As a crypto asset management firm, we are investing at the intersection of what we are good at, what we like to do, and what the world needs for the purpose of ethically delivering superior risk-adjusted returns.

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