Proof of Usefulness Report

TAIKAI

Analysis completed on 1/31/2026

+226
Proof of Usefulness Score
Gaining Momentum

TAIKAI is a verifiable, funded ($2.36M) Web3 hackathon and innovation platform with legitimate traction (clients like Starkware, thousands of users). However, the project submission was of extremely low quality, containing false claims (e.g., 'most people have used my product'), incorrect business classifications ('Power transmission'), and empty fields. The score reflects the project's actual utility and established market presence, significantly heavily penalized by the niche nature of the product (developers only) and the poor quality of the submission evidence.

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Score Breakdown

Real World Utility+93.75
Audience Reach Impact+15.00
Technical Innovation+45.00
Evidence Of Traction+50.00
Market Timing Relevance+30.00
Functional Completeness+1.25
Subtotal+235
Usefulness Multiplierx0.96
Final Score+226

Project Details

Project URL
taikai.network
Description
TAIKAI is a platform that leverages blockchain technology to facilitate open innovation and collaboration. Operating under the domain taikai.network, the company provides a digital space where organizations can host hackathons, challenges, and innovation contests to crowdsource solutions from a global community of innovators, developers, and creators. TAIKAI's platform is designed to connect problem-solvers with companies seeking fresh ideas and solutions, enabling a seamless exchange of knowledge and skills. By utilizing blockchain, TAIKAI ensures transparency, security, and trust in the innovation process, making it an attractive option for businesses looking to engage with external talent and drive innovation.

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