RootData’s Project Claiming Feature Boosts Transparency and Engagement

RootData's innovative project claiming feature is enhancing transparency metrics and driving increased visibility for cryptocurrency projects. By allowing teams to verify and manage their profiles, RootData has reported significant growth in community trust and partner engagement.

Key Takeaways

RootData’s project claiming feature has improved transparency scores by over 30%.
The feature has led to a remarkable 220% increase in visibility across more than 220 partnered platforms.
Over 20 projects, including notable names like Bitway and Flock, have recently adopted the claiming process.
Verified teams can update essential project information seamlessly, enhancing community trust.
Projects that maintain updated profiles benefit from better market positioning and reduced risk of being overlooked by users and data aggregators.

Bitget VIP Fast Track trading rewards banner

Main Content

RootData has reported a surge in the adoption of its project claiming feature, with over 20 prominent projects, such as infrastructure and DeFi ventures including Bitway, Flock, Morph, and Solv, officially registering over the past week. As noted in their latest communications, projects that complete the claim process and fill in any missing information are experiencing an average increase of more than 30% in their comprehensive transparency scores. This improvement translates to an approximately 220% rise in what RootData terms "site heat value."

The project claiming feature empowers official teams to “claim your project for free, get verified, and directly manage & update” essential data on their specific pages. This includes information regarding token economics, investor lists, core team members, as well as key milestones and activities like Token Generation Event (TGE) dates, exchange listings, and governance votes. Once validated, teams can seamlessly push updates via a one-click sync feature, ensuring that changes are distributed in real time across over 220 partner platforms, including exchanges, wallets, research terminals, and media dashboards.

RootData’s transparency score, which reflects the “completeness and timeliness of project information,” plays a crucial role in this process. In previous analyses shared through transparency alerts, the platform indicated that spot tokens with higher average disclosure levels (around 74.7%) tend to exhibit smaller drawdowns and stronger recoveries compared to lower-disclosure tokens (around 62.7%). This suggests that better visibility and information significantly diminishes the opportunity for teams to benefit at the expense of retail investors.

This perspective has prompted RootData and various commentators on Binance Square to encourage teams to view the quality of disclosure as a strategic advantage rather than a mere compliance obligation. A recent post highlighted by ChainCatcher directly pointed out that projects lacking essential details regarding financing, tokenomics, or team structure may be labeled as “black box” listings, leading to their deprioritization by discerning users and data aggregators.

Conversely, projects that possess verified profiles and keep their information updated now enjoy higher transparency ratings, improved on-site heat rankings, and broader distribution through RootData’s growing data network—an essential channel in a marketplace increasingly reliant on third-party dashboards to sift through information effectively.