In the world of cryptocurrency, decentralization is a core value touted by many projects. However, in a complex market environment, determining whether a project truly practices decentralization is not an easy task. Bubblemaps, with its unique and trustworthy infrastructure, has become the "fire-eye golden pupil" for assessing the degree of a project's decentralization.
Bubblemaps can transparently present the concentration of wallet holdings, clearly showing the distribution of project tokens across various wallets. If a project claims to be decentralized, but Bubblemaps' data shows that tokens are highly concentrated in a few wallets, it indicates that the project might just be using decentralization as a facade, while actually posing a risk of centralized control. Just like some projects claim that community members broadly participate in governance, but Bubblemaps reveals that most of the governance tokens are held by the project team or a few large holders, which significantly undermines the project's promise of decentralization.
Based on objective data, Bubblemaps breaks through the promotional fog created by project teams, enabling investors to accurately assess the true degree of a project's decentralization, avoiding investments in falsely advertised projects, and maintaining the healthy order of the cryptocurrency market.
