Proof of Usefulness Report

NAX Group

Analysis completed on 1/26/2026

+534
Proof of Usefulness Score
Industry Mainstay

NAX Group is a legitimate, high-value corporate venture builder (valuation ~$300M, revenue ~$38M) with significant institutional backing. However, the project submission itself is of extremely low quality, containing false traction claims ('most people have used my product') and vague audience definitions ('everyone'). The score reflects the undeniable real-world scale and utility of the entity, heavily penalized by the poor response quality and lack of specific evidence in the entry.

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+200.0
Audience Reach Impact+70.0
Technical Innovation+56.25
Evidence Of Traction+118.75
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+537.5
Usefulness Multiplierx0.99
Final Score+534

Project Details

Project URL
Description
We are NAX, the New Asset Exchange. We are a global fintech and venture building pioneer with headquarters in Manhattan Beach, CA \u0026 Tampa, Florida and a presence across North America, Europe and Asia. We build new ventures in partnership with the world’s leading institutions. With our proven method, our technology solutions and our diverse team of management consultants, experienced entrepreneurs, venture capitalists and industry experts, we create, launch and scale new high-growth companies.\n\nGenesis Project operates at the intersection of top-tier strategy consulting and corporate venture building, with an emphasis on innovation, technology and finance.\n

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