Bubblemaps, an on-chain analytics firm, has announced that it will launch its own token on Solana later this month. This will be used as the backbone of the company’s soon-to-launch investigation platform.
Intel Desk, the aforementioned investigation platform, aims to be the “first governance for on-chain investigations.” Launching in Q1 2025, proposers will submit investigation ideas—such as suspicious wallets or nefarious token launches—users will then vote using the Solana Bubblemaps Token (BMT). When an investigation has received enough votes, the investigation begins with Bubblemaps leading the way. That said, contributors can help uncover information regarding the case.
Put simply, Intel Desk is a way for Bubblemaps to bring its community into the decision making process on what projects, wallets, and tokens to investigate.
Intel Desk. Image: Bubblemaps
“Investigations will be led by Bubblemaps’ core team to ensure the research is credible and actionable. Once an investigation is complete, we’ll share the findings publicly,” Nick Vaiman, co-founder and CEO of Bubblemaps, told Decrypt. “Participants who help uncover valuable insights will be rewarded proportionally based on their contributions.”
Voters can withdraw their BMT after a brief wait and will receive their tokens back automatically once a case closes. Intel Desk participants will be rewarded via the Ecosystem Fund, which will be allocated a portion of the BMT token supply. On top of this, the company recently announced that users of its flagship product will be rewarded with a token airdrop. Bubblemaps declined to provide details regarding the tokenomics, claiming it will be released later this week.
Bubblemaps is mostly known for its on-chain visualization product, simply called Bubblemaps, which represents how wallets are connected in an easier way to understand. This has positioned the company to ring the bell against multiple projects it believed could be scams, becoming somewhat of a X (formerly known as Twitter) influencer.
Most recently, Bubblemaps quickly identified that 96% of the Hawk Tuah (HAWK) token supply was controlled by one cluster of connected wallets. Later, the company released a deeper investigation into the launch, breaking down the specifics of how it went down.
$HAWK didn’t disappoint
96% of the supply in one cluster
nice 🤡 https://t.co/AP645QzkfI pic.twitter.com/ERHTG7v5oa
— Bubblemaps (@bubblemaps) December 4, 2024
“Our goal is to create a seamless experience between Bubblemaps and the Intel Desk, ensuring users can benefit from both platforms right from the start,” Vaiman added. “[We want] to empower the community to help us uncover hidden patterns and bring more transparency to the crypto space.”
Holding BMT is crucial to interact with Intel Desk. However, the Solana token plans to launch later this month while the investigation platform isn’t set to launch until February or March.
In the meantime, Bubblemaps will be giving holders access to premium features on the second version of its on-chain visualization tool Bubblemaps V2. This will include AI tools for deeper analysis, cross-chain analytics, as well as profit and loss tracking.
