Bubblemaps
BMT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Bubblemaps (BMT) is an established on-chain visual analytics platform with a clean operational security record and active shipping cadence, demonstrated by multi-chain expansion and regular feature releases such as Bubblemaps V2 and the Intel Desk. The project has raised seed funding, maintains an active community, and recently achieved exchange listings on platforms like Upbit and ZebPay without any history of hacks, exploits, or regulatory actions. However, the investment profile is weighed down by structural factors: significant insider token allocations (~39.6%), utility primarily tied to platform incentives rather than direct value capture, unrelinquished smart contract ownership, LayerZero OFT cross-chain bridge dependencies, and a sub-$20M market cap with a severe (~93%) drawdown from all-time highs. No qualifying red-flag events were identified, and no data gaps were present across evaluated sections.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Bubblemaps (BMT)
Bubblemaps (BMT) is an on-chain data analytics and visual intelligence platform developed by Bubblemaps SAS, founded by Nicolas Vaiman. The platform generates graphical cluster maps of wallet holding structures to assist users in investigating token distribution opacity and insider concentrations. Operating across multiple blockchain networks using LayerZero's Omnichain Fungible Token (OFT) standard, BMT maintains contracts on networks including BNB Smart Chain and Solana, with integrations extending to Arbitrum and HyperEVM.
The BMT token launched on March 11, 2025, with a fixed total supply of 1,000,000,000 tokens structured around a four-year unlock schedule. Allocations comprise 26.3% for the ecosystem, 24.3% for investors, 22.2% for future airdrops, 12.2% for liquidity provision, 9% for the team, and 6% for the protocol. Token utility centers primarily on governance and participation features, including the Intel Desk, where holders submit and vote on target on-chain investigations.
From a market and risk perspective, BMT has experienced a 93% price drawdown from its all-time high and maintains a market capitalization below $20 million. Key structural and governance risks include unrelinquished smart contract ownership privileges, dependency on LayerZero's bridging infrastructure, an insider supply allocation of approximately 39.6%, and token utility that is oriented around platform incentives rather than direct protocol value accrual.