I think Bubblemaps is essentially a translator for on-chain data, turning messy blockchain data into colorful bubble charts, allowing you to easily see if there are any tricks in token distribution. The biggest headache for the DeFi and NFT markets right now is the dark operations by project parties, and Bubblemaps directly visualizes the holding relationships of the top 150 wallets as dynamic bubbles, revealing who is manipulating tokens and which addresses are actually controlled by the same entity, with the dotted lines connecting the same color bubbles making everything clear.
Their time travel feature is a killer app, capable of replaying wallet holding changes, which is particularly useful for tracking whale movements. For example, if a certain token suddenly skyrockets, discovering a few large bubbles accumulating funds in advance can basically confirm insider trading. They handle data smartly as well, with bubble sizes automatically scaling according to holding proportions, and holdings over 5% will be highlighted in red—it's worth noting that in traditional blockchain explorers, clearing up such associations can take a lot of effort through dozens of Etherscan records.
The design of the $BMT token is pragmatic, providing incentives for community investigations while also meeting hard demands for trading compliance. The market size for on-chain analysis tools is growing by 37% annually, but none have made professional-grade tools as user-friendly as Bubblemaps. Recently, they audited several memecoin projects and uncovered a case where a team controlled 80% of the circulating supply using 42 associated addresses, a real-world performance that far exceeds the typical claims in white papers.
The interactive experience truly surpasses traditional blockchain explorers, allowing ordinary users to check token details without learning code. Currently, the platform has surpassed 120,000 monthly active users, with 35% being institutional users. Considering that 90% of newly issued tokens still lack transparent audits, the market space for visual detection tools like Bubblemaps is far from its ceiling. Especially with increasing regulatory scrutiny, the demand for project parties to disclose their accounts will only grow stronger, and the application scenarios for $BMT are likely to expand from current investigation tools to compliance verification fields.