Binance Alpha deep access to RootData data, behind which is Binance's commitment to transparency of the project

Author: ChainCatcher

 

In recent days, Binance, the world’s largest encrypted currency exchange, has completed a key functional iterative feature: team information for its 400-plus Binance Alpha currency depths has been compiled for RootData。

Users are now able to view a series of data on the Binance web page and App with a clear view of the positions of project core members, social media links, the number of X followers, and X impact scores。

This also means that RootData's data capabilities, like building blocks, are constantly embedded in one encryption core and another, covering hundreds of millions of active encryption users。

Team background is the biggest "black box" of investment decisions

Team background is often the largest “black box” in the decision-making chain for encrypted investments. In particular, the background and spectrometry of the team directly determine the project ' s survival ceiling for the early and highly volatile Alpha currency。

At the same time, the team can be one of the factors influencing currency price movements. This year, for example, when the Zcash token ZEC surged, the Starknet token STRK went up sharply, one of the central reasons being that the two parties have a common co-founder, Eli Ben-Sasson。

Markets tend to have additional premiums for associated projects with market hot spots. Previously, such linkages had been largely narrative, but were now spreading to such elements as teams, investors, etc。

For a long time, RootData, deeply cultivated under the finance, team, business, etc. chain, now aggregates over 20,000 industry figures, including entrepreneurs, investors, executives, and KOL, and has become one of the most recognized project information-seeking platforms within the industry。

Binance chooses to work with RootData, mainly looking at RootData's deep experience and industry reputation in the field of project information。

It is known that the core mission of Binance Alpha is to help users to identify and participate in early Web3 innovation projects, to become an easy entry point for ordinary users to Web3 and to provide incubation and exposure for quality projects. However, the earlier the project, the less transparent the information is, the harder it is for investors to secure their interests。

Through this collaboration, Binance has significantly improved the transparency of its platform ' s information, providing users with a comprehensive understanding of the team background and industry influence of the Alpha Currency Project, thereby providing a solid reference for investment decisions。

In fact, Binance Wallet has integrated data in its finance module for all projects, such as RootData project presentation, financing background, calendar events, and both parties have made initial progress in jointly promoting transparency in market information。

For RootData, this cooperation means that its data capacity will go further into the industry core flow landscape and make key progress on its path to building a credible data infrastructure。

RootData Open Data Capability

It is described that RootData API currently provides a total of 21 interfaces, including projects, figures, investment finance, calendar events, and more than 200 fields, through which its core data capacity is opened to third-party partners。

At present, RootData has accumulated over 260 API clients, including Etherum Foundation, OKX, CertiK, Gate, Blockworks, Amber Group, CMT Digital, BlockBeats, Mask Network, Token Pocket, etc。

Through a series of scenarios with partners like BinanceInfiltration andCooperationSo the RootData data are no longer just static single-point data, but “living data” that flows in wallets, exchanges, AI dialogue and research terminals。

It is becoming a de facto information standard for the industry, which, through the integration of applications, has forced the entire encrypted ecological threshold of transparencyProvide more reliable and efficient data support to project parties, investors and institutions。

Today, RootData has established transparency as one of its core strategies, establishing a complete project transparency score assessment system and making every effort to create the previously seriously missing “trust layer” for the encryption industry through continuous enrichment of the platform through community incentive schemes, AI, partner feedback, etc。

Over the past few years, we have witnessed the collapse of numerous grand narratives in the operation of the box. And now, as Binance, the giant that masters the flow of life, begins to integrate large-scale, structured, bottom-level project data, putting transparency on the surface, the industry's game rules are changing qualitatively。

The market is moving from “story telling” to “validation of information”, from emotional to fundamental. This may mean that the encryption industry is truly moving from a reckless era to a new stage of more mature, institutionalization and reliance on credibility and long-term capacity-building。