CoinDesk on April 2 reported that RootData, a Web3 asset data platform, issued a daily transparency alert on X (Twitter), saying that information such as the teams, key calendar events, token data, and more for projects including Fluid, SideShift.ai, Blackhole, Pharaoh, and Koi Finance is missing. It urged project teams to submit/update materials on RootData to improve their transparency scores. In addition, RootData said it will continue to monitor and expose “black box” projects that lack core information.
It is understood that RootData’s transparency scores are used to measure a project’s completeness and timeliness, aiming to reflect how well the project discloses information. It urged project teams to claim their projects immediately. The transparency scores are divided into five grades from high to low—A through F. The lower the score, the more incomplete the project’s information disclosure is and the higher the risk of wrongdoing; investors are advised to remain highly vigilant.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
