Proof of Usefulness Report

ledgerinvesting.com

Analysis completed on 1/24/2026

+545
Proof of Usefulness Score
Industry Mainstay

The project refers to Ledger Investing, a legitimate and high-traction Series B InsurTech company backed by WestCap and OTPP ($75M raised, ~$400M+ premium placed). However, the submission itself ('ThunderForge') contains inaccurate and 'troll-like' claims (e.g., audience is 'everyone', 'most people have used my product'), which contradicts the company's specialized B2B nature. While the underlying company has exceptional utility and verifiable traction, the score is heavily penalized by low Quality Factors due to the submission's false and unsupported claims.

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 Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+612.5
Usefulness Multiplierx0.89
Final Score+545

Project Details

Project URL
ledgerinvesting.com
Description
Ledger Investing is a company that operates in the insurance and financial technology sectors. It provides a platform that connects insurance risk with capital markets, enabling investors to directly invest in insurance risk. By leveraging advanced technology and data analytics, Ledger Investing aims to create a more efficient and transparent marketplace for insurance-linked securities. The company facilitates the securitization of insurance liabilities, allowing insurers to access alternative capital and investors to diversify their portfolios with insurance risk. Through its innovative approach, Ledger Investing seeks to transform the way insurance risk is financed and traded.

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