Proof of Usefulness Report

Stakes

Analysis completed on 1/30/2026

+38

Proof of Usefulness Score

You're In Business

While the project 'Stakes' (Stakes Inc.) successfully raised $5.3M in seed funding in 2022 with a credible team (ex-NBA VP) and a social NFT wagering concept, the project appears to be inactive or defunct as of 2026. The domain 'playwithstakes.com' shows signs of being repurposed for affiliate/coupon content or is inactive, and the NFT-betting market has significantly declined. The submission itself is of extremely poor quality, containing demonstrable falsehoods regarding traction ('most people have used my product') and providing no verifiable metrics, which severely impacts the score.

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+30.0

Audience Reach Impact+10.0

Technical Innovation+50.0

Evidence Of Traction+35.0

Market Timing Relevance+10.0

Functional Completeness+10.0

Subtotal+32.25

Usefulness Multiplierx1.18

Final Score+38

Project Details

Project URL

playwithstakes.com

Description

Stakes is a social wagering platform for NFTs that transforms sports betting into a more social activity. By taking away the confusing and tedious layers of traditional sports betting we are focusing on what makes betting fun - the payout, sense of community, and ability to earn NFTs that prove your sports knowledge. This makes sports betting more social, casual, and for everyone.

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