RootData Transparency Alert: Projects like Beatcoin, Ink Finance, and NXT are missing core information

Web3 asset data platform RootData published a daily transparency alert on Twitter (X), raising concerns about the funding information of projects such as Beatcoin, Ink Finance, NXT, XDC Network, and Eventflo. It calls on project teams to submit/update their information on RootData to improve their transparency scores. Additionally, 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 status of the projects. The transparency score is divided into five levels from A to F, with lower scores indicating less complete information disclosure and higher risks of wrongdoing, requiring investors to exercise heightened caution.