Messari, a provider of contextualized data and research tools for the crypto asset industry, today launched its open-source disclosures registry. They are joined by a diverse, reputable group of 12 initial partner projects committed to transparency and self-regulation. Messari’s registry aims to become a single source of truth for basic crypto asset information.
Participating projects are voluntarily disclosing basic information regarding their token design, supply details, technology audits, official communication channels, and relevant team members, investors, and advisors. These profiles can then be freely accessed industry-wide, providing a reliable, standardized resource to industry participants that is nonexistent today. Such basic data standards can facilitate diligence processes for crypto service providers like exchanges and wallets, retail and professional investors, and regulators alike.
The company’s goal is to drive common standards for investor protection and industry self-governance that can cross borders. With the launch of the Messari registry, token projects will finally have a common platform that helps them better communicate material updates with both their existing communities and external stakeholders in a single, standardized interface. Messari validates project data and provides free access to disclosures via an open API that allows third-party services to rally around one universal crypto asset disclosures library.
“We are thrilled to have such a dynamic, global group of projects joining our disclosures registry,” said Messari CEO, Ryan Selkis. “These teams understand the importance of transparency to their specific communities as well as to the broader global crypto asset ecosystem. The crypto economy will only reach its full potential when users believe they are participating in fair, safe and efficient markets, and these projects share our vision that the information they provide should remain freely accessible to all market participants, rather than locked behind the paywall of any single data provider.”
The initial registry cohort contains a diverse mix of projects that vary in size, end market applications, geography, and trading history:
• Aurora (IDEX)
• Ocean Protocol
Messari plans to distribute registry data freely to a number of crypto service providers who have expressed interest in using this data for their own token diligence and end-user resources. At launch, Messari will be the sole validator of registry data, but is inviting third-parties to join in the efforts.
[perfectpullquote align=”full” bordertop=”false” cite=”Xinshu Dong, CEO, Zilliqa” link=”” color=”” class=”” size=””]“Blockchain was created with openness and transparency, which are key to Zilliqa’s core values. Messari’s open and decentralized registry will help to drive greater transparency across the industry, and we are thrilled to be able to partner with them to help make this a reality.”[/perfectpullquote]