Proof of Usefulness Report

TAIKAI | Web3 Hackathon Platform

Analysis completed on 2/3/2026

+224
Proof of Usefulness Score
Gaining Momentum

The project URL points to TAIKAI, an established Web3 hackathon platform with verified traction and partnerships (e.g., StarkNet, Tezos). However, the submission itself ('SwiftForge') contains significant discrepancies, including a mismatched name, invalid email, and hyperbolic, unsubstantiated claims ('most people have used my product'). While the platform's real-world utility and verified external metrics are strong (justifying a score in the 200s), the 'Evidence of Traction' and 'Response Quality' metrics are heavily penalized due to the low-quality, spam-like nature of the submission form.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+10.40
Technical Innovation+11.25
Evidence Of Traction+9.38
Market Timing Relevance+7.00
Functional Completeness+0.25
Subtotal+59.53
Usefulness Multiplierx0.94 (Calibration Scale: 4x)
Final Score+224

Project Details

Description
Managing a hackathon can be a challenge without the right tools. We simplified this process to create a better platform experience for your organization. Our platform is designed for web3 projects, DAOs, and developers to participate and showcase their skills. Companies can host hackathons that tackle real-world problems, and developers can join our community of builders to create impactful solutions. Explore our platform and learn how TAIKAI can help you drive innovation and growth.

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