#SHARINGKNOWLEDGE

Bubblemaps: Visualizing NFT Ownership and Distribution

Bubblemaps is a pioneering tool that transforms complex blockchain data into interactive, bubble-based visualizations, making it easier to analyze NFT ownership and distribution patterns. Each bubble represents a wallet, with its size indicating the number of tokens held. Lines connecting these bubbles illustrate transactions between wallets, providing a clear picture of how NFTs are distributed and transferred across the network.

This visualization aids in identifying potential issues like wash trading or centralization of holdings, which can be crucial for investors and collectors seeking transparency in the NFT space. For instance, Bubblemaps has been used to uncover that a significant portion of an NFT collection was concentrated in a few wallets, despite claims of decentralized ownership .

By offering a visual representation of on-chain data, Bubblemaps empowers users to make informed decisions and promotes greater transparency within the NFT ecosystem. #Bubblemaps $BMT @Bubblemaps.io