RootData Issues Transparency Alert Over Suspicious Project Funding Disclosures

RootData has released a transparency alert on Twitter, highlighting suspicious funding information related to several crypto projects, including Netswap and Hydranet. The alert calls on the affected projects to update and clarify their disclosures in order to improve their transparency scores.
According to RootData, projects with missing or unclear information may be classified as “black box” projects and will be subject to ongoing monitoring. The transparency scoring system ranges from Grade A to Grade F, with lower scores indicating higher risk for investors.
RootData emphasized that transparency scores are designed to help market participants better assess project credibility and information quality. Investors are advised to exercise caution, particularly when engaging with projects that have incomplete disclosures or low transparency ratings.
The alert underscores the growing importance of information transparency and risk awareness in the crypto market, especially amid increased retail and institutional participation.