Messari, the leading provider of contextualized data and research tools for the cryptoasset industry, launched its open-source disclosures registry today. Aurora (IDEX) will be joining 11 additional launch partner projects who are committed to providing transparency and self-regulation within the blockchain industry.

Messari’s Mission

Messari’s goal is to provide a single source of truth and transparency for cryptoasset information. Participating projects voluntarily disclose 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 cryptoasset disclosures library.

“Following our core tenet of transparency, IDEX is excited to both support and participate in the Messari Registry. We will leverage their open-source library to not only provide more clarity into our own project’s tokens, but also to educate our customers with consistent and reliable information on other registered tokens within the IDEX exchange itself. We believe that enforcing transparency standards among token projects and making this information accessible will be critical in mitigating the opaque and inconsistent practices we are seeing with digital assets today.” — Alex Wearn, CEO Aurora (IDEX)

Get Involved

At launch, Messari will be the sole validator of registry data, but they are inviting third-parties to join their efforts. If you are an investment fund, custodian, advisory firm, auditor, or anyone else who would be interested in learning more about joining email validators@messari.io. Projects interested in participating in the Messari registry can visit messari.io/registry or email registry@messari.io for more information.

~Team Aurora (IDEX)

Note: The content above was adapted from Messari’s official press release which can be read in full here.