
KEYTAKEAWAYS
- Bubblemaps is an innovative blockchain data analysis tool
- BMT Has a Total Supply of 1 Billion Tokens, with Airdrops Accounting for 22.2%
- Bubblemaps serves a wide range of users, including traders, analysts, and institutions
CONTENT
On March 11, Binance Alpha announced the listing of Bubblemaps’ token BMT, which quickly generated widespread interest in the cryptocurrency community.
As a tool focused on blockchain data transparency, Bubblemaps has already built a solid reputation in the industry. The listing of BMT not only marks a further expansion of the Bubblemaps ecosystem but also provides users with more opportunities to participate in blockchain investigations and governance.
WHAT IS BUBBLEMAPS (BMT)?
Bubblemaps is an innovative blockchain data analysis tool designed to simplify complex on-chain data through visualization. Its core functionality presents wallet addresses and transaction relationships on the blockchain in an intuitive way through “bubble maps.” Each bubble represents a wallet, with the bubble size reflecting the amount of tokens held by that wallet, while connections between bubbles show transaction relationships between wallets.
What makes Bubblemaps unique is that it’s not only applicable for token supply audits but also for analyzing NFT projects. Through this visualization method, users can easily identify potential manipulation, insider trading, or token centralization issues. Bubblemaps aims to make blockchain data more transparent, helping users make more informed decisions when investing.
BMT is the native token of the Bubblemaps ecosystem, issued on BNB Chain and Solana based on the LayerZero OFT standard. The launch of BMT not only provides Bubblemaps users with more functional privileges but also offers governance and incentive mechanisms for its upcoming community-driven investigation platform, Intel Desk.
BMT TOKEN ECONOMICS
BMT has a total supply of 1 billion tokens, with the following distribution:
- Ecosystem and Community: 26.3%, these tokens will be used to incentivize users and contributors to the Intel Desk platform, driving community-led on-chain investigations.
- Investors: 24.3%, tokens held by investors will support the project’s long-term development.
- Airdrop: 22.2%, the airdrop portion will reward early users and community members, further expanding BMT’s holder base.
- Liquidity: 12.2%, these tokens will provide market liquidity, ensuring stable trading of BMT on exchanges.
- Team: 9%, tokens held by the team will be used for project development and operations.
- Protocol Development and Research: 6%, these tokens will support technical R&D and innovation for Bubblemaps.
Currently, BMT’s supply is distributed across BNB Chain (12%) and Solana (88%). BMT’s cross-chain nature allows it to function across multiple blockchain ecosystems, providing users with a broader range of application scenarios.
WHO CREATED BUBBLEMAPS (BMT)?
The founding team of Bubblemaps consists of three blockchain experts dedicated to promoting blockchain data transparency through technological innovation:
- Nicolas Vaiman (Co-founder & CEO): Nicolas has extensive experience in the blockchain industry, previously serving as CEO of Cryptonavia. His leadership and strategic vision laid the foundation for Bubblemaps’ success.
- Arnaud Droz (Co-founder & COO): Arnaud’s background covers smart buildings, supply chain management, and aviation lighting research. His diverse experience provides a unique perspective for Bubblemaps’ operations and expansion.
- Léo Pons (Co-founder & CTO): Léo is a seasoned software engineer who co-founded Cryptonavia. His expertise in blockchain technology development is the core driving force behind Bubblemaps’ technical innovation.
Additionally, Bubblemaps has received support from several well-known venture capital firms, including Consensys, INCE Capital, Momentum6, Polygon, and Avalanche. The financial backing from these institutions has ensured Bubblemaps’ rapid development.
HOW DOES BUBBLEMAPS (BMT) WORK?
Bubblemaps’ core functionality simplifies blockchain data analysis through visual bubble maps. Here’s a brief explanation of its working principle:
- Each bubble represents a wallet: The size of the bubble reflects the amount of tokens held by that wallet. Users can quickly identify major token holders by the size of the bubbles.
- Connections between bubbles: If there have been transactions between two wallets, there will be a connecting line between them. These connection relationships can help users identify potential manipulation or insider trading.
- Click to explore: Users can click on any bubble to view detailed transaction records and activity history of that wallet. This interactive design makes blockchain data analysis more intuitive and user-friendly.
Beyond the basic bubble map functionality, Bubblemaps has launched the Intel Desk platform, a community-driven on-chain investigation platform. Users can submit investigation cases through BMT, vote on investigation priorities, and allocate on-chain resources. BMT holders can also unlock advanced features such as profit and loss calculations, cross-chain analysis, maps of the top 1000 holders, and AI-assisted cluster interpretation.
REAL-WORLD APPLICATIONS OF BUBBLEMAPS
Bubblemaps has already played an important role in multiple blockchain projects, helping users identify potential fraud and market manipulation. Here are some typical application cases:
- LIBRA: Bubblemaps discovered that 82% of LIBRA token supply was controlled by a single cluster, revealing its potential liquidity exit risk.
- HAWK: Bubblemaps exposed that the HAWK team held 80% of the token supply, leading to a price crash after presale buyers sold off.
- Uniswap: Bubblemaps found that Andreessen Horowitz (a16z) controlled over 4% of UNI tokens through multiple wallets, revealing the centralization issue in its governance power.
- Shiba Inu: Bubblemaps tracked a cluster holding over 10% of SHIB tokens, these wallets are likely related to the project’s founders.
- Squiggles: Bubblemaps revealed that the Squiggles NFT project conducted wash trading through shadow wallets, creating false market demand.
With the listing of BMT and the launch of the Intel Desk platform, Bubblemaps is entering a new development phase. In the future, Bubblemaps plans to further expand its cross-chain analysis capabilities, supporting more blockchain ecosystems. Additionally, BMT’s governance function will enable community members to participate more directly in the project’s decision-making process, driving further development of blockchain transparency.
Bubblemaps’ mission is to promote blockchain data transparency and decentralization through technological innovation and community drive. With the listing of BMT and the launch of Intel Desk, Bubblemaps is setting new standards for the cryptocurrency industry. Whether for investors, traders, or blockchain enthusiasts, Bubblemaps provides a powerful tool to help them better understand blockchain data and make more informed decisions.
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