Proof of Usefulness Report

Tradologics

Analysis completed on 1/31/2026

+21
Proof of Usefulness Score
You're In Business

The project 'Tradologics' is a verifiable cloud platform for algorithmic trading that raised ~$2M in seed funding (2020). However, critical due diligence reveals the service is officially winding down/discontinued. The submission itself is of extremely low quality, containing demonstrably false claims (e.g., 'most people have used my product', audience 'everyone') and nonsensical metrics ('all time marketcap: null'). While the underlying technology was innovative (serverless trading), the project's current usefulness is negligible due to its shutdown status.

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+10.0
Audience Reach Impact+5.0
Technical Innovation+80.0
Evidence Of Traction+10.0
Market Timing Relevance+30.0
Functional Completeness+5.0
Subtotal+21.25
Usefulness Multiplierx0.98
Final Score+21

Project Details

Project URL
tradologics.com
Description
Tradologics helps traders, investors, and firms across the world develop, test, run, and scale their programmatic trading strategies in the cloud – without worrying about broker connectivity, data management, infrastructure, or any of that other boring stuff.\n\nOur cloud platform is tailored to the specific needs of programmatic traders and solves every part of the trading business cycle - allowing them to focus on the trading logic, while we take care of everything else.\n\nVisit our website form more information:\nhttps://tradologics.com/blog/the-road-ahead

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