Host: Hello everyone, welcome to this Bubblemaps community AMA! We have collected the 8 most pressing questions from the community, and today our core analysts will answer them one by one. Let's get straight to the point!
Question 1: For a complete beginner who knows nothing about on-chain analysis, how should I start using Bubblemaps? What should I look at first?
Answer: Very good question. For beginners, forget all the complicated indicators and just remember the first step: check the concentration of chips.
When inputting any token contract, the first thing you should look at is how much the top 10 holders (bubbles) combined account for the total supply, excluding exchanges and project contracts. If this number exceeds 50%, or even 60%, you should raise an alarm. It's like a card game where most of the cards are in the hands of a few people, making it extremely unlikely for you as a retail investor to win. Learning to recognize this crucial 'oligarch' pattern allows you to filter out 80% of high-risk projects on the market.
Question 2: I saw a 'spider web' pattern, where many small wallets are connected to a large wallet. Does this 100% indicate a scam?
Answer: In 99.9% of cases, yes. A large address distributing tokens to hundreds or thousands of 'new wallets' with no other transaction history has no reasonable explanation in the on-chain world, except to conceal its holdings or prepare to sell.
We call it 'structural original sin'. A project that is inherently deceptive in its token distribution structure is unlikely to have a team that can honestly build the ecosystem. So, yes, when you see a clear 'spider web', the best action is to immediately close the page and remove it from your watchlist.
Question 3: Is the data on Bubblemaps 100% updated in real-time?
Answer: Yes, we directly obtain data from blockchain nodes and perform real-time parsing and visualization. Every bubble and every connection line you see reflects the latest status on-chain. In a rapidly changing market, this real-time capability is crucial. When a whale starts transferring tokens to an exchange, you can capture this signal in minutes, rather than finding out hours later through news.
Question 4: Besides identifying risks, can Bubblemaps help me find Alpha opportunities?
Answer: Of course, this is exactly the feature that professional users value most. You need to pay attention to what we define as the 'leech' pattern. When a project has good fundamentals but the price remains stagnant, you can observe its bubble chart. If you find some medium-sized wallets, unrelated to the project team, continuously and gradually accumulating from DEX in small batches, their 'bubbles' growing day by day—this is usually a strong signal that 'smart money' is quietly building a position. They don't want to drive up the price, so they choose to accumulate gently. Following in their footsteps, you are likely to catch the next explosive opportunity.
Question 5: How do you distinguish whether a wallet belongs to a VC, a project party, or an exchange?
Answer: We have a dedicated data labeling team that combines on-chain behavior analysis with public information for entity labeling. For example, we label the hot and cold wallet addresses of all mainstream exchanges. For VC and project team wallets, we cross-verify and label them based on TGE token distribution records, publicly available investment information, and the wallet's interaction history. This label library is continuously updated, helping users more quickly identify the key roles in the diagram.
Question 6: What is the core value of the $BMT token within the ecosystem?
Answer: $BMT is the 'key' to unlocking Bubblemaps' professional features and data services. You can think of it as the native fuel of this 'Information Finance' (InfoFi) world. The features of the free version are sufficient to help you avoid most risks, but if you want to conduct deeper research, such as using the API for programmatic analysis, setting real-time alerts for whale movements, or conducting cross-chain fund tracking, you’ll need to stake or consume $BMT. Its value is directly tied to the entire Web3 ecosystem's demand for high-quality, trustworthy data.
Question 7: What is the most important development direction for Bubblemaps in the future?
Answer: It is moving from 'passive analysis' to 'proactive intelligence'. The current Bubblemaps is a powerful 'telescope' that you need to actively observe to discover problems. The V3.0 version we are developing will be an 'intelligent warning radar'. It will proactively analyze projects across the entire market based on AI and machine learning, and once it detects early signs of high-risk patterns such as 'spider web' or 'octopus selling', it will immediately send you alerts. Our goal is to make risks visible.
Question 8: What changes can Bubblemaps bring to DAO governance?
Answer: It can bring true 'power transparency'. Many DAO votes seem democratic, but in reality, voting power is monopolized by a few whales. We are promoting a standard: embedding the bubble chart of the governance token directly on the voting pages of all DAOs (such as Snapshot). This way, all community members can clearly see the power distribution and who the key players are before voting. This can greatly curb witch attacks and oligarch manipulation, allowing DAOs to return to their original intention of decentralized governance.
