Practical Guide: "3 Steps to Avoid Pitfalls with Bubblemaps! On-chain Investigation Skills for Web3 Beginners"

Are you a Web3 newbie afraid of making mistakes? @Bubblemaps provides 3 practical steps, supported by $BMT ecosystem, to help you easily master on-chain investigation skills and stay away from fraud risks.

Step 1: Use the "Bubble Map" to check token security. Open #Bubblemaps , search for the target token: if the bubbles are concentrated in a few addresses (e.g., if the top 5 addresses hold over 50%), and there are frequent large transactions, be wary of the “control” risk; if you find a high overlap of addresses for different tokens (e.g., $YZY is linked to a suspicious address), it may be a bundling scam, and you should immediately abandon the investment. This step does not require professional knowledge; the intuitive visual presentation makes the risks clear at a glance.

Step 2: Check the project background using Wiki documents. Enter the official @Bubblemaps Wiki and focus on token economics: BMT total supply is 100 million tokens, with 20% of team tokens having a lock-up period, which helps determine if the team is long-term committed; if the project does not disclose team information or the token distribution is vague, it is highly likely to be a “airdrop token.” In the previous LIBRA collapse incident, many users discovered team issues in advance through Wiki, successfully avoiding pitfalls.

Step 3: Obtain real-time alerts from the community. Follow the official X account of @Bubblemaps.io and participate in reporting cases incentivized by BMT: if you find suspicious transactions, submit clues to receive rewards; at the same time, check community voting results to understand popular risk projects. For example, the platform once initiated a vote on “fake YZY token identification,” quickly forming an anti-fraud consensus. Mastering these 3 steps, #Bubblemaps can become your Web3 “safety shield,” making transactions more secure.