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Messari, a provider of contextualized data and research tools for the cryptocurrency industry, has launched itsĀ open-source disclosures registry with 12 initial projects looking to improve their transparency via self-regulation.

According to the announcement, the new platform allows crypto projects to disclose basic information regarding their token design, supply details, technology audits, relevant team members, investors and advisors.

The first 12 projects include a variety of altcoins including some notableĀ names like Civic (CVC), Aurora (AOA) and Zilliqa (ZIL). Each project can now leverage the platform toĀ communicate material updates with both their existing communities and external stakeholders.

“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 cryptoasset ecosystem.”

Messari plans to act as the sole validator until a limited number of third parties can be brought on board. The platform is initially available for free to crypto service providers looking to leverage the data.

More:Ā Messari Launches A Disclosures Registry With 12 Initial Partners
Related:Ā CoinDesk Launches a Crypto Economic Data Platform

Disclaimer: This articleā€™s author has cryptocurrency holdings that can beĀ tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.