What Is Bubblemaps Token (BMT)?

What Is Bubblemaps?

Bubblemaps is a visual crypto tracker that simplifies and makes blockchain analysis accessible by everyday users through an interconnected bubbles visualization map. It is popularly used to track the transactions of insiders/whales.

Key Takeaways

• Bubblemaps is an independent platform used to visualize and track the movement of cryptocurrencies on the blockchain.

• Bubblemaps have notably been used to aid in investigations including HAWK, NEIRO, MOTHER and more.

• With the launch of Bubblemaps V2 Beta, the team is also launching “Intel Desk”, an upgrade to the existing Bubblemaps tool that will utilize and feature their new token BMT.

This article is a community contribution by Bubblemaps.

Powering the Future of Crypto Investigations

Building on years of innovation and the launch of Bubblemaps V2 Beta, the Intel Desk aims to redefine community-driven investigations in the crypto space.

Preview of the upcoming Intel Desk, announced along with new ecosystem token BMT.

Bubblemaps, whose investigations frequently make headlines, has announced the Intel Desk, after years of pioneering work in token supply analysis. This announcement comes following the recent release of Bubblemaps V2 Beta on November 13.

Blockchain data is often complex and intimidating. In 2024, the surge in newly launched tokens created a demand for accessible analytics to simplify token dynamics. The need for quick due diligence when buying tokens has become more imperative than ever.

The day-to-day usage of Bubblemaps in combination with their in-house investigations has gradually made it an industry standard for researching tokens and tokenomics. Their dedicated team of on-chain “sleuths” is specializing in investigating popular meme coins, DAOs, and more, sharing their findings with the public.

Here are some of the past investigations:

1. Hawk Tuah girl launches HAWK, early alert, and investigation.

2. 90% of supply is insider activity in SHIRO.

3. Insider activity in NEIRO on ETH.

4. History of the scammer Sahil.

5. Celebrities launching tokens: Andrew Tate, Iggy, Davido.

6. Uniswap controlled by a16z.

“It is now up to the people”

Intel Desk is the new community-driven investigative platform, complementing the already existing tool –- Bubblemaps.

It serves a diverse range of users, including traders, on-chain investigators, institutions, and more. How? By enabling users to submit potential high-risk tokens they encounter. The Intel Desk will be powered by the new BMT ecosystem token, that will create an incentive structure to bring proposers, voters, and contributors together to combat on-chain scams and drive investigations.

”Any user can submit a case through Intel Desk. It will now be up to the DAO to elect which projects get investigated via Intel Desk’s voting system.”

- Co-founder and CEO, Nicolas V.

Bubblemaps V2 Beta introduced a range of new features to tackle common issues

A growing web3 adoption requires new ways of reading data, which Bubblemaps tackles through their V2 beta release. Let’s explore how:

• Time Travel: Complete historical data of a token’s distribution

• Magic Nodes: Automatically add addresses to reveal otherwise hidden clusters

• Omnichain: Cross-chain data visualization

• P&L Computation: Profit and loss tracking for addresses and clusters

• Expand: Built-in tracer tool within the app for in-depth exploration

Example: The bubble map of SHIBA INU with Magic Nodes activated to show the hidden wallets acting as stems of a cluster.

As the crypto space evolved, so did the need for advanced tools. Following the success of Bubblemaps’ first product, the team took the tool to the next level, introducing $BMT and the Intel Desk to encourage greater public participation

“It’s amazing to witness how much the demand for data analytics has increased since we started. Our new release allows users to understand data both faster and easier.” (CEO Nicolas V.)

On top of being an independent platform, Bubblemaps is directly integrated into various Web3 services, including Pumpfun, Photon, and Etherscan. They also collaborated with leading blockchains like Solana, Arbitrum, Polygon, Avalanche, Sonic and Base. With V2, they aim to expand to all major chains, many yet to be announced.

For more information:
Bubblemaps V2 Beta: V2.bubblemaps.io
Website: https://bubblemaps.io/
Twitter: https://x.com/bubblemaps