Bubblemaps Series ㉔: How to Use Bubblemaps to Ensure the Decentralization Commitment of Projects is Fulfilled?
Decentralization is one of the core principles of blockchain projects, but in many projects, the commitment to decentralization is often sidelined, with tokens and control concentrated in the hands of a few. The transparent tools provided by @Bubblemaps.io can help investors determine whether a project truly adheres to decentralization principles, protecting them from the risk of projects breaching their commitments.
The wallet concentration feature of @Bubblemaps.io helps you quickly identify whether funds in a project are overly concentrated. The degree of decentralization of a project is closely related to the distribution of tokens. If tokens are concentrated in a few addresses, then the project's decentralization goals cannot be achieved, which may affect the project's long-term development and value.
With the data provided by @Bubblemaps.io , you can ensure that the projects you choose align with the principles of decentralization, avoiding market manipulation and transparency issues arising from fund concentration.
