Blockchain analytics tool bubblemaps have concluded their token generation phenomenon for their native token BMT with 13,500% overbscription.
On March 11, Bubblemaps (BMT) concluded its TGE for its BMT token, which was hosted On benance wallet. project intended $ 0.02 is expected to raise 1503.42 BNB, to sell 40 million BMT tokens (4%of total supply) at each price. However, he received a total membership of about 202,990 BNB, which is more than 13,500% of his initial target. The TGE event followed the recent $ 3.2 million funding round of Bubblumaps, led by Ince Capital Cryptoank.io,
The fact is that TGE was hosted with the help of binance wallet, which BMT can be listed on the Binance Exchange for Spot Trading. Will Bubblemaps be listed on the binance spot, this is not clear, but it has already been debuted on many major exchanges including MexC, KrakenAnd Bibit,
Bubblemaps is a blockchain analytics tool that represents visually tokens and NFT ownership distribution using bubble clusters. It helps to detect wallet connections, hidden whales, and suspicious activity by mapping tokens in a spontaneous and interactive way. BMT, the native token of bubblemaps, acts as its governance and utility tokens, unlocks advanced analytical characteristics within the platform.
As far as BMT tokenomics is concerned, the largest part of BMT, 26.3%, has been allocated to the ecosystem and community. Investors keep 24.3% of the supply. 22.2%, adopted and initial participants are nominated for Aircrafts for rewarding. Liquidity is allocated 12.2% to the liquidity to maintain the operation of the smooth market, while the team receives 9% as compensation for their contribution. Finally, 6% protocol is reserved for development and research and development.
