RootData Transparency Alert: Missing core information for projects such as Netswap, Hydranet, Ubeswap, etc.

ChainCatcher message, the Web3 asset data platform RootData posted daily transparency alerts on Twitter (X). The funding information of projects such as Netswap, Hydranet, Ubeswap, Omega, and Solidly Labs is questionable. Projects are urged 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 key information.

It is reported that RootData’s transparency score is used to measure the integrity and timeliness of projects, aiming to reflect the project’s information disclosure status. The transparency scores are categorized from high to low as grades A-F, with 5 levels in total. The lower the score, the less complete the project’s information disclosure, and the higher the risk of malicious activity. Investors should remain highly vigilant.