CoinVoice latest learned that the Web3 asset data platform RootData issued a daily transparency alert on Twitter (X), questioning the financing information of projects such as ByteNova, Endless, Tune.FM, Ark of Panda, and Chainge, calling on project parties to submit/update information on RootData to improve their transparency scores. In addition, RootData stated that it will continue to monitor and expose 'black box' projects that lack core information.
It is reported that the RootData transparency score is used to measure the integrity and timeliness of projects, aiming to reflect the information disclosure situation of the projects. The transparency score is divided into 5 levels from A to F, with lower scores indicating that the project's information disclosure is less complete, posing higher risks of wrongdoing, and investors should exercise heightened caution. [Original link]