Web3 Projects Urged to Improve Transparency on RootData Platform

Web3 asset data platform RootData has issued a transparency alert on Twitter (X), highlighting missing information from several projects, including Fluid, SideShift.ai, Blackhole, Pharaoh, and Koi Finance. According to ChainCatcher, the alert calls for project teams to submit or update their data on RootData to enhance their transparency scores. RootData also announced its ongoing efforts to monitor and expose projects lacking essential information. RootData's transparency score is designed to assess the completeness and timeliness of project information, urging project teams to claim their projects immediately. The score ranges from A to F, with lower scores indicating less comprehensive information disclosure and higher risks of misconduct, necessitating increased vigilance from investors.