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Gate.io Celebrates CMC 6th Bday and Joins CMC DATA Alliance

2019-05-02 18:30:20read:172182

CoinMarketCap (CMC) celebrates its sixth birthday on May 1, New York 2019. Gate.io wishes CMC a Happy 6th Birthday and we look forward to working towards a better future for blockchain together!

On Its 6th Anniversary, CMC has announced the estblishment of DATA, short for Data Accountability and Transparency Alliance - a solution that brings together partners across the board to contribute to a deeper discussion on how to bring greater transparency to crypto data reporting.

Gate.io has joined the DATA Alliance as one of the first stakeholders. We have committed to providing in-depth suggestions at a biannual roundtable on crypto data transparency and its impacts, as part of the responsibilities of being a DATA partner.

CoinMarketCap is one of the world’s most popular crypto sites. Here is the brief introduction to DATA.

The DATA seeks to promote greater transparency, accountability, and disclosure from projects in
the crypto space. CMC believes that the provision of additional data points would (i) empower our users to make more informed decisions and (ii) provide a means for projects to differentiate themselves through enhanced disclosures.

The overarching objectives of DATA are to:
1) Review, align, and enhance reporting standards across the industry.
2) Identify gaps, propose strategies and measures to enhance data accountability and transparency.

Gate.io is excited to join the DATA Alliance and we appreciate CMC’s effort and initiative to tackle concerns over data integrity. Together, we will bring greater clarity and transparency to the cryptocurrency market, and Gate.io will continue to go above and beyond to contribute to shaping the standards of the industry.

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Gate.io
May 2, 2019