The exchange requires projects to disclose their financial reports for the first time to enhance transparencyFinally, an exchange has requested a wealth report for the project: Bybit launched a new currency bulletin board yesterday. I looked at it and it's about making the project publicly disclose and release financial, token circulation/unlocking, and operational data, which is roughly equivalent to a simplified version of financial report disclosure in traditional stock markets. I looked at the data released by the first public disclosure project SoSoValue (SOSO). It includes the following major items: 1. Core financial indicators (detailed data on agreement revenue, expenses, foundation assets, etc.); 2. Token indicators (token circulation supply, unlocking status, and next large-scale unlocking forecast); 3. On chain activity and network health status (network activity data, TVL, etc.); 4. Governance and community; 5. Risk disclosure and future roadmap. This contains the two most concerning data for everyone: protocol revenue and expenditure and token circulation/unlocking (1 and 2). Protocol revenue and expenditure data is a reflection of the basic situation of project operation, while token circulation/unlocking data can let everyone know the current and future chip changes. At least with data disclosure, everyone can have a way to understand a simple fundamental situation of the project, instead of making investment decisions blindly like before. Especially now, after multiple "Heavenly Kings" projects went online to suck blood, they have also been targeted by a "conspiracy group" that issues coins through LIBRA. The market is extremely tired of black box operations and needs more operations to enhance project transparency, such as the token unlocking section launched by Binance and the public bulletin board now launched by Bybit. The market will also "reward" projects that are the first to make transparency: Bybit's first project to disclose financial data, SOSO token, saw its highest price increase of 94% (0.45 → 0.89) after the disclosure of data. Bybit new coin bulletin board: https://announcements. (Bybit. com)/zh-TW/article/listing billboard - soso-blt33cfbe79993cea1/Bybit will have more projects for financial report data disclosure in the future. If you haven't registered for Bybit yet, you can register through my invitation link and it will always be useful: https://partner. ((bybit.com))/b/ember