Web3 Asset Platform Urges Projects to Improve Transparency

Web3 asset data platform RootData has issued a transparency alert on Twitter, highlighting missing information from projects such as Sentism.AI, Fortune, Ultima, Etherex, and Solomon Labs. According to ChainCatcher, RootData is calling on project teams to submit or update their data on the platform to enhance their transparency scores. RootData also plans to continue monitoring and exposing projects that lack essential information. RootData's transparency score is designed to assess the completeness and timeliness of project information, aiming to reflect the level of disclosure. The platform urges project teams to claim their projects immediately. The transparency score ranges from A to F, with lower scores indicating less comprehensive information disclosure and higher risks of misconduct, warranting increased caution from investors.