Bubblemaps
Key Points
- Bubblemaps is likely a blockchain data visualization platform, founded in 2022 by Nicolas Vaiman in Paris, France.
- It seems to focus on making on-chain data for DeFi tokens and NFTs accessible through bubble maps.
- Research suggests it offers features like wallet investigation, connection revelation, and historical data analysis.
- The evidence leans toward it being used for supply analysis, liquidity monitoring, and detecting market manipulation.
Introduction
Bubblemaps appears to be an innovative tool in the cryptocurrency space, helping users visualize complex blockchain data. Founded in 2022, it aims to make data for decentralized finance (DeFi) tokens and non-fungible tokens (NFTs) easier to understand through interactive bubble maps. This platform is likely useful for investors and researchers looking to analyze token distributions and wallet connections.
History and Founding
Bubblemaps was founded in 2022 by Nicolas Vaiman, based in Paris, France. It quickly gained attention for its unique approach to visualizing blockchain data, raising €3 million in 2023 and an additional €3.5 million in 2024 to expand its ecosystem.
Features and Usage
The platform offers features like investigating wallets, revealing connections between them, managing custom maps, and analyzing historical data. It’s likely used for tasks such as supply analysis, detecting liquidity issues, and uncovering potential market manipulation, making it a valuable tool for the crypto community.
Survey Note: Comprehensive Analysis of Bubblemaps
This note provides a detailed examination of Bubblemaps, a blockchain data visualization platform, based on available information as of May 3, 2025. The analysis covers its founding, purpose, features, technology, usage, funding, and team, aiming to offer a thorough understanding for researchers, investors, and enthusiasts in the cryptocurrency space.
Background and Context
Bubblemaps emerged as a response to the growing need for transparency and accessibility in blockchain data analysis, particularly for decentralized finance (DeFi) tokens and non-fungible tokens (NFTs). The platform’s use of bubble maps to visualize on-chain activities addresses the complexity often associated with blockchain data, making it approachable for both beginners and experts. This analysis draws from official sources, financial data, and case studies to present a comprehensive overview.
Founding and History
Bubblemaps was founded in 2022 by Nicolas Vaiman, with its headquarters in Paris, France. The company’s inception aligns with the rapid growth of the DeFi and NFT markets, where transparency and data analysis became critical. According to Bubblemaps Company Profile on PitchBook, the founding year is confirmed as 2022, with the company employing 24 staff members and operating in the financial software industry.
Significant milestones include a €3 million funding round in 2023, followed by an additional €3.5 million in 2024, as noted on Bubblemaps on CoinMarketCap. These funds have supported platform development and expansion across multiple blockchain ecosystems, positioning Bubblemaps as a key player in on-chain investigations.
Features and Functionality
Bubblemaps offers a suite of features designed to simplify blockchain data analysis:
- Wallet Investigation: Users can explore individual wallets to analyze their transaction history and holdings, providing insights into wallet activities.
- Connection Revelation: The platform visualizes connections between wallets, revealing potential relationships or coordinated activities, which is crucial for detecting insider trading or coordinated dumps.
- Map Management: Users can create and manage custom bubble maps for specific tokens or projects, tailoring visualizations to their research needs.
- Time Travel: This feature allows users to view historical data, enabling analysis of how token distributions and wallet activities have evolved over time.
The platform integrates with various blockchains, including Ethereum, Solana, Avalanche, Arbitrum, Base, and BNB Chain, enhancing its versatility. Partnerships with services like Etherscan, DEX Screener, and OpenSea Pro further extend its utility, as highlighted on the official website Innovative Visuals for Blockchain Data | Bubblemaps.
Technology and Data Processing
Bubblemaps leverages blockchain data from multiple networks to generate dynamic bubble visualizations. It aggregates and processes on-chain transaction data, such as token transfers, wallet balances, and liquidity events, to create interactive maps. These maps represent token holdings, wallet interactions, and distribution patterns, allowing users to identify large holders (whales), detect potential wash trading, and analyze tokenomics. The technology supports real-time and historical data analysis, making it a robust tool for crypto research.
Usage and Case Studies
Bubblemaps is widely adopted by cryptocurrency enthusiasts, researchers, and investors for various applications, as evidenced by case studies on Case Studies | See how Bubblemaps enhances DYOR. Specific use cases include:
| Use Case | Description | Relevant Numbers |
|---|---|---|
| Analyzing supply concentration | Exposes high supply concentration in meme coins like LIBRA (82% in one cluster) and HAWK (80% by team, 16% for presale). | 82%, 80%, 16% |
| Detecting one-sided liquidity exits | Identifies teams adding one-sided liquidity pools, such as LIBRA team making over $107 million. | $107 million |
| Revealing presale dump risks | Shows presale participants cashing out, causing sell pressure, as seen with HAWK. | - |
| Uncovering governance risks | Identified Andreessen Horowitz owning more than 4% of UNI supply through 11 connected wallets, risking oligarchy. | 4%, 11 wallets |
| Tracing hidden founders | Exposed a group of wallets holding over 10% of SHIB supply, likely owned by the founder. | 10% |
| Detecting wash trading in NFTs | Revealed Squiggles using 3 central wallets to circulate ETH to 25 wallets, indicating wash trading. | 3, 25 |
These examples demonstrate Bubblemaps’ role in bringing transparency to the blockchain space, helping users make informed decisions and identify potential risks.
Funding and Financial Backing
The company has raised a total of €6.5 million, with €3 million secured in 2023 and an additional €3.5 million in 2024, according to Bubblemaps on CoinMarketCap. It is backed by prominent investors and blockchain protocols, including Consensys, Polygon, Avalanche, Linea, Aptos, Fuel, Ledger, and Sandbox, as listed on the official website Innovative Visuals for Blockchain Data | Bubblemaps. This financial support has enabled Bubblemaps to expand its platform and integrate with multiple ecosystems.
Team and Leadership
Bubblemaps was founded by Nicolas Vaiman, who serves as the CEO. While specific details about other team members are not publicly disclosed, the company is known to consist of developers and researchers dedicated to advancing blockchain data visualization. According to Bubblemaps | LinkedIn, Nicolas Vaiman is a key figure, often engaging with the community through the company’s blog and social media channels. The team’s focus on cutting-edge visuals has disrupted crypto research and due diligence, bringing fundamental data to millions of DeFi users.
Market Position and Cultural Impact
Bubblemaps has become part of crypto culture, with the term “bubble map” becoming synonymous with its brand, as noted on Bubblemaps on CoinMarketCap. The platform receives over 1 million monthly visits and is integrated with services like Pump.fun, Etherscan, Photon, and DEX Screener, indicating strong market adoption. Institutions are increasingly incorporating token concentration and address connections as key metrics when evaluating new projects, highlighting Bubblemaps’ influence in the industry.
Conclusion
Bubblemaps stands out as a pioneering platform in blockchain data visualization, offering tools that enhance transparency and accessibility for DeFi and NFT analysis. Its growth, backed by significant funding and strategic partnerships, positions it as a vital resource for the cryptocurrency community. As of May 3, 2025, Bubblemaps continues to evolve, addressing modern crypto challenges and shaping discussions around on-chain investigations.