Proof of Usefulness Report

Iterative

Analysis completed on 1/24/2026

+422
Proof of Usefulness Score
Certified Problem Solver

Iterative is a well-established venture capital accelerator in Southeast Asia, providing high real-world utility and verified traction through its portfolio. However, the project submission itself was of very low quality, containing false claims ('most people have used my product', 'everyone') and lacking specific metrics. The score reflects the strong underlying entity (validated via URL) heavily penalized for the inaccurate and lazy submission data.

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+212.5
Audience Reach Impact+50.0
Technical Innovation+30.0
Evidence Of Traction+100.0
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+480
Usefulness Multiplierx0.88
Final Score+422

Project Details

Project URL
Description
Iterative invests US $150K in a batch of startups, twice a year. Upon admission, we invest the full amount then work with the founders closely on their idea for 3 months. After 3 months, they present to a select group of investors with the goal of raising a larger round of investment.

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