Bubblemaps is a cutting-edge platform that makes analysing blockchain data both fun and intuitive. With its dynamic, colourful bubbles, it greatly simplifies the examination of crucial data relating to tokens and NFTs. It also makes it easy to spot important wallets, discover connections between different market players, and much more. This article offers you an in-depth exploration of Bubblemaps, providing you with all the information you need to navigate the platform with ease and carry out your research independently when the need arises.
Bubblemaps stands out as one of France's prides in the promotion of cryptocurrencies, actively contributing to decentralised finance and the advancement of Web3.
Launched in 2022 by a dynamic group of cryptocurrency enthusiasts, including Léo Pons, Arnaud Droz and Nicolas Vaiman, the company is registered in Paris and operates with a team of six members. It is expanding rapidly and is open to welcoming new talent to enrich its offering. Motivated and qualified people are encouraged to apply!
Bubblemaps' mission is to provide an alternative to traditional blockchain explorers, which are often complex and not very accessible to the general public. Although blockchains are theoretically transparent, interpreting and connecting their data without specific expertise proves difficult.
Bubblemaps revolutionises this dynamic with an intuitive visual method that makes it easy to analyse complex networks and transactions. This tool makes blockchains truly accessible, enabling anyone to carry out in-depth research to thwart scams and market manipulation, which are still all too common in the world of cryptocurrencies.
Currently, BubbleMaps is compatible with seven blockchains, including Ethereum, BNB Chain, Fantom, Avalanche, Cronos, Arbitrum and Polygon, and is natively integrated on several DeFi platforms such as DEX Screener and DEXTools. The platform is accessible free of charge, although certain premium features require the possession of at least 250 billion MOONLIGHT tokens (the project's native token), equivalent to around 1,400 US dollars.
In addition to its core application, the team also shares investigative analysis on its X account, highlighting various frauds in the field. Recently, the company successfully raised US$3 million in funding to support its expansion.
Start by going to the application and logging in with the "Log in" button using a Web3 wallet or X account (you can also view a wide range of data without needing to log in).
Once you've found a token that interests you, click on its name to see the associated map.
By clicking on a bubble (7), you will see its position in the list of wallets displayed on the right (8) (or vice versa), as well as additional information on the left (9) including a link to the address of the wallet on the native explorer of the blockchain concerned.
You can decide whether or not to hide certain wallets with the eye-shaped icons (10), as well as those linked to smart contracts (11) and/or those belonging to exchange platforms (12).
The date on which the 'photo' of the blockchain was taken is shown at the top right of the graph (13).
To see how connections and transfers have changed over time, you can display analyses carried out on previous dates by clicking on them.
The list of available dates will then replace the list of portfolios on the right of the screen (14). If you are not a premium user (who holds 250 billion MOONLIGHT tokens) you will not be able to update the data (15) and will have to make do with the data available to you, which is already extensive.
The dates with the logo (16) are those on which more detailed analyses were carried out, showing up to 500 of the largest portfolios, instead of the usual 150.
Telegram bots have been the talk of the town for some months now. As with every new hype, crooks follow suit and try to get rich by stealing from other users. It is possible to anticipate certain scams by spotting "clusters", i.e. interconnected addresses that have a large share of a token's total supply.
Bubblemaps took a look at UNIBOT, which made headlines in the summer of 2023: https://x.com/bubblemaps/status/1684610663090724864?s=20
Their analysis revealed a huge cluster representing over 40% of the total supply!
Without going any further into the research, it would have been easy to believe that this distribution of the token was intended to scare off investors, as was the case with the BabyCare project (the first scam highlighted by Bubblemaps).
However, a closer look at the project shows that it is planned for the bot to distribute part of its revenue to token holders. This would be done from the central wallet, which tends to prove that the project is working as planned. So this is a 'healthy' cluster!
Of course, this is clearly not enough to ensure that the project is not a scam and that the token will increase in value, but it simply demonstrates that the results provided by Bubblemaps can tip the balance one way or the other.
Bubblemaps is a must-have tool for researching on-chain data. It's very easy to use, and the analyses it produces allow you to make decisions with greater certainty, but are not infallible answers.
