Proof of Usefulness Report

Next Ventures

Analysis completed on 2/8/2026

+535
Proof of Usefulness Score
Industry Mainstay

Next Ventures (operating FundedNext) is a verified, large-scale fintech player in the proprietary trading space, boasting over 5 million monthly visits and verified payouts exceeding $125M. While the submission itself was of extremely poor quality (vague claims, hyperbole like 'most people', and data discrepancies), the underlying business is highly successful, solving a clear problem for capital-constrained traders. The score reflects the massive verifiable traction and market relevance, penalized significantly for the lack of effort and precision in the submission.

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+135.0
Audience Reach Impact+123.5
Technical Innovation+60.0
Evidence Of Traction+142.5
Market Timing Relevance+68.0
Functional Completeness+5.0
Subtotal+534
Usefulness Multiplierx1.002
Final Score+535

Project Details

Project URL
Description
NEXT is a global fintech group. We own & operate FundedNext, a leading prop trading platform, and are expanding into the CFD broker industry. We are a team of 450+ diverse professionals operating across 5 countries, serving over 220,000+ daily active traders from 170+ countries.

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