Binance TR listed the Bubblemaps Token (BMT) project on Tuesday.
Bubblemaps is a crypto project that aims to make blockchain data more understandable. Typically, when using explorers, the data can appear too technical or complex—but Bubblemaps presents it visually through a method called "bubble maps." For example, you can see a token’s largest wallets, its historical distribution, or potential manipulations as colorful bubbles.
The BMT token will serve two main purposes. First, it will provide voting power on their community research platform called "Intel Desk." Second, it will be required to access premium features of Bubblemaps V2, such as AI tools and profit/loss analysis.
The total supply of BMT is 1 billion, with about 26% of it in circulation at the time of listing. The Bubblemaps team had previously raised $6.1 million in funding, followed by an additional $0.8 million through an IDO via Binance Wallet.
Bubblemaps supports multiple blockchains (such as Solana, Base, Polygon, etc.), allowing users to track token movements across various networks in one place. They have also published serious research with their community on issues like fake token distributions and whale movements.