Bubblemaps Secures €3M in Seed Funding to Enhance Blockchain Data Access
In Brief
Blockchain visualization platform Bubblemaps has gathered €3 million in its seed funding round spearheaded by INCE Capital.
In addition to data visualization, the platform features comprehensive blockchain transaction history exploration, customizable user-generated bubble maps, and insights powered by AI.
Bubblemaps Bubblemaps, a platform for visualizing blockchain data and supply auditing, has successfully raised €3 million in its seed funding round, led by INCE Capital and supported by venture capital firms such as Momentum 6, Stake Capital, LBank Labs, V3ntures Fund, AVAX, Cronos Chain, and PowerHasheur.
Bubblemaps' goal is to simplify and enhance understanding of blockchain data for everyone—from everyday users to large institutions—through engaging visuals. Plus, it also functions as a supply auditing tool for DeFi tokens and NFTs.
The platform boasts features such as:
- Exploration of Blockchain History: Users can dive deep into the complete history of blockchain transactions, facilitating thorough analysis and research.
- User-Created Bubble Maps: The platform empowers users to design and share their own visualizations of blockchain data.
- AI-Driven Insights: Bubblemaps leverages artificial intelligence to derive unique insights from blockchain data.
Bubblemaps played a crucial role in uncovering the significant involvement of a16z in Uniswap's governance. In a February analysis, the platform revealed that a16z controlled over 41.5 million UNI tokens distributed across 11 wallets, representing more than 4% of the total supply. This considerable stake allowed a16z to influence governance proposals.
You're being misled about UNI's governance. @a16z could manage 41.5 million UNI tokens through 11 wallets, amounting to over 4% of the total supply.
— Bubblemaps (@bubblemaps) February 5, 2023
4% is the minimum requirement needed to approve any proposal 🧵↓ https://t.co/mVdTukYstD pic.twitter.com/u7l9kBFIWF
Since its inception, the platform has forged partnerships with various blockchain projects that align with its mission of making on-chain data more accessible. Notable partners include Arbitrum, AVAX, BNB Chain, Cronos Chain, Fantom Foundation, and 0xPolygon.
The visuals created by Bubblemaps are available on platforms like OpenseaPro, DEXToolsApp, and Coingecko.
Following its victory in a startup competition during Paris Blockchain Week in March, the platform commenced its fundraising efforts and announced a partnership with a team of blockchain investigators, including... alpha_pls , Flowslikeosmo , DefiIgnas , Jake Pahor , and Louround Please be advised that the information contained on this page is not intended to be construed as legal, tax, investment, financial, or any other form of advice. Always invest what you can afford to lose and seek independent financial advice if you have concerns. For additional details, we recommend reviewing the terms and conditions and the assistance pages provided by the respective issuer or advertiser. Metaverse Post strives for accuracy in its reporting, though market conditions can change without notice.
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vi Search Cindy works as a journalist for Metaverse Post, focusing on web3, NFTs, the metaverse, and AI, particularly through interviews with leading figures in the Web3 space. She has engaged with over 30 C-level executives, sharing their insights with the audience. Originally hailing from Singapore, she now resides in Tbilisi, Georgia. Cindy holds a Bachelor's degree in Communications and Media Studies from the University of South Australia, accumulating a decade of journalism and writing experience.