Bubblemaps is a supply auditing tool for DeFi tokens and NFTs. The unique data visualization has colorful bubbles that associate different asset holders with wallets.
Bubblemaps is a supply auditing tool for DeFi tokens and NFTs. The data visualization tool works by displaying colorful bubbles that associate different asset holders with wallets.
Bubblemaps started with the launch of the Moonlight token in April 2021. The money collected was used in completing the Bubblemaps tool which was launched in September 2021. The ecosystem was then renamed Bubblemaps and Moonlight became its native token.
The four co-founders are still active within the management team along with 8 other members. Management makes the core decisions through a centralized governance protocol, Bubblemaps Community Manager, Christian, told BSC News.
Moonlight Token, and its Tokenomics.
Moonlight token powers the ecosystem by unlocking top perks like the premium version of the tool. It was launched in April 2021, four months before the audit tool was released.
This token’s hyper-deflationary tax system takes a 7% cut of all transactions. (Buys, Sells, and Transfers) The taxed value is then partially used to build the liquidity of the ecosystem while the other one is redistributed to holders.
Total Supply: 1,000,000,000,000,000
Max Supply: 1,000,000,000,000,000
7% Tax: 2% reflection and 5% liquidity generation.
You can trade Moonlight tokens on PancakeSwap V2 or ApeSwap (BSC)
Making DeFi and NFTs Transparent
Bubblemaps allows investors to audit the supply of assets they either want to invest in or have already invested in. Users can audit wallets and real connections to weigh the integrity of their desired projects.
Bubblemaps is offered in free and premium versions. The free version has several listed crypto tokens and NFTs for anyone to access. Premium users can inspect any token they wish by pasting the token address and scanning it.
Top Perks of Bubblemaps
It allows for a detailed audit of the tokenomics of an asset
Historical transfer activity between large asset holders can be inspected to detect suspicious activity
Visually attractive use of bubbles graphs
Moderately easy to use for crypto investors
How Does Bubblemaps Work?
The process of using Bubblemaps is rather simple; open the platforms’ official website and simply launch the premium version or the free app. There are two available buttons one is ‘Get Premium’, and the other is ‘Launch App.’
Users need to create an account before clicking on the ‘get Premium’ button. You will be directed to a page that explains the requirements to be eligible for the premium version, alongside the perks that it comes with.
The eligibility requirements to own a premium version of the tool are as follows:
Hold 250 B moonlight tokens for a lifetime access
Use a credit system to help hold 50 to 200 B moonlight tokens that give access for 1 week to 4 weeks
The process of getting the premium version of the platform is as follows.
Click on get premium button on the home page of bubblemaps
Create an account and connect your DeFi wallet once you are redirected to the pop-up page that follows the clicking of getting premium button
Ensure you hold 250 B Moonlight tokens or have the credit system activated.
Once the tool scans the wallet where you hold moonlight tokens, it gives access to its premium version.
What Are the Perks of the Premium Version of the Bubblemaps Tool?
The premium version of Bubblemaps comes with the following privileges:
Allows for hourly refreshing of data which is not supported by the free version
Allows for the analysis of any BSC, ETH, FTM, and Avalanche tokens. The free version only allows users to investigate the listed tokens and NFTs.
How Can I Use Bubblemaps to Audit My NFT and Crypto Tokens?
It’s simple to use the Bubblemaps tool. Here are the simplified steps to follow
Head to the home page of the tool’s website and select whether to launch the normal app or use the premium version.
Copy the official token address and paste it into the space provided by the tool
Click on the ‘Analyse Token’ button and wait for the tool to load the tokenomics behind the asset in question
These are the main characteristics of Bubblemaps:
A symmetrical shape of interconnected bubbles indicates healthy tokenomics, while an asymmetrical shape of interconnected bubbles may indicate suspicious activity in the tokenomics of the asset in question.
The tool shows the top 150 holders of the token and their historical transfers, signified by lines that co-join the bubbles.
Co-joined bubbles are the ones that have had inter-transfer of assets.
The tool showcases top holders of the asset in the order of their share of the token supply. It also shows their percentages of the supply.
Bubblemaps team has a vision of developing into a tool that can better serve the crypto space. The roadmap so far has seen them launch Moonlight token, launch of the audit tool, rebrand the ecosystem, and add support for different chains.
Christian, its Community Manager, told BSC News they are contemplating starting a staking vault and an exchange. Several announcements are ready to be made soon.
Keep watching BSC News for more Bubblemaps information.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.