Bubblemaps on Cardano (Ft. DexHunter)

[GENERAL] Name and surname of main applicant

Vaiman Nicolas, CEO

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Incorporated)

[GENERAL] Requested funds in ada

390000

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

12

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

Bubblemaps transforms blockchain data into a visual experience, making analysis engaging and efficient. Our advanced tools simplify tokenomics, enabling users to uncover coins with deceptive supply

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

• Bitquery
• Flipside
• Neo4j

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] Please provide here more information on the open source status of your project outputs

Like other analytics tools, our code is primarily proprietary. However, all our data will be accessible through API endpoints.

[METADATA] Horizons

Analytics

[SOLUTION] Please describe your proposed solution

Bubblemaps has become an industry standard for researching tokens and understanding tokenomics. Our investigations have made headlines, such as exposing Uniswap’s centralized DAO, fraudulent activities at Ape Terminal, and the memecoin celebrity trend on SOL.

This vision has resonated with the market, with over 1M monthly visits and integrations with major platforms like DEX Screener, Pump.fun, Photon, Opensea, etc. Bubblemaps is now deeply ingrained in crypto culture, with people using “bubble map” as a common term rather than just a brand

Integrating Bubblemaps with Cardano will make every token and NFT collection on the network compatible with our tool, empowering users to investigate and gain insights into any project. This will help the community make better decisions and navigate the ecosystem with greater clarity. Bubblemaps will be featured on various Cardano platforms, starting with DexHunter.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

Bringing Bubblemaps to Cardano offers great advantages. It provides users with clear onchain insights, helping them make smarter decisions, thus building a well-informed community. 

Our tool makes it easy to investigate tokens and spot bad players, which will naturally raise the bar for projects building on Cardano. Only the best projects will make it, improving the network's quality and trust. This makes Cardano safer and more attractive, bringing in more users and growing the TVL in the network.

In short, Bubblemaps and Cardano together mean a clearer, safer, and stronger ecosystem

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Bubblemaps has been live since January 2022 and has built a solid track record:

• Already working with Solana, Avalanche, Polygon, Arbitrum, and more
• Reached 1 million visits in August and 200,000 MAU
• Achieved 10M monthly views on Twitter through our investigations

Bubblemaps is one of the leading crypto analytics tools in the space, with traffic that outpaces the competition. We’ve been very active, winning startup competitions, being incubated by BNB Chain and Crypto.com, and presenting at conferences worldwide. We also successfully raised €3 million in equity last year, showing our strong fundraising capabilities and effective financial management

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Blockchain Research

Budget: 80,000 ADA

Progress in 20%:

• Milestone: Research and plan the integration of Bubblemaps on Cardano.
• Outputs: Comprehensive integration plan, detailed technical documentation outlining the data collection and visualization process specific to Cardano’s architecture, and potential challenges with the Extended UTXO model, Plutus smart contracts, and native tokens.
• Acceptance Criteria: Completion of the integration plan, reviewed and approved by both the internal team and external experts familiar with Cardano’s architecture (for example by DexHunter’s team)

Data Collection

Budget: 100,000 ADA

Progress in 50%:

• Milestone: Collect and process all historical blockchain data from the Cardano chain since launch.
• Outputs: A fully populated graph-oriented database containing transactions, account activities, and smart contract events from 2017 to the present.
• Acceptance Criteria: Verification that the data collected matches the complete blockchain history, with no missing transactions or events.

Computation & Processing

Budget: 130,000 ADA

Progress in 80%:

• Milestone: Reconstruct the top holders of Cardano tokens at any point in time.
• Outputs: A fully functioning "Big Bang" feature, enabling users to view top token holders’ data over time, and real-time bubble maps generated from the processed data.
• Acceptance Criteria: Successful testing of the "Big Bang" feature with accurate historical holder data, confirmed by user acceptance testing and internal validation.

Cardano Frontend Integration

Budget: 40,000 ADA

Progress in 90%:

• Milestone: Adapt the Bubblemaps user interface for the Cardano network.
• Outputs: A customized UI reflecting Cardano’s identity, with specific design elements such as pages, colors, icons, and links that align with Cardano’s branding.
• Acceptance Criteria: Completion of frontend design and functionality testing to ensure a seamless and intuitive user experience.

Public Deployment Setup

Budget: 30,000 ADA

Progress in 95%:

• Milestone: Prepare for the public launch of Bubblemaps on Cardano.
• Outputs: Precomputed token data batches, a populated token list and homepage, and a scalable technical setup ready for public use.
• Acceptance Criteria: Successful internal testing of the deployment, ensuring all technical resources are in place and the system performs well under expected user load.

Community Engagement & Partnerships

Budget: 10,000 ADA

Progress in %: 100%

• Milestone: Introduce Bubblemaps to the Cardano community and establish partnerships.
• Outputs: PR campaigns, social media announcements, and partnerships with Cardano-based projects (such as DexHunter) to showcase Bubblemaps’ capabilities. 
• Acceptance Criteria: Measurable community engagement through social media metrics, partnership agreements with at least 3 Cardano projects, and a successful public launch event with significant attendance and interaction

→ PR on AVAX: News, Trader Joe, BENQI, NFTs

→ Partnerships on SOL: Pumpfun, Trojan, Rickbot

[RESOURCES] Who is in the project team and what are their roles?

In 2019, Nicolas and Leo co-founded Cryptonavia, a data aggregator for crypto that included prices, social feeds, sentiment analysis, GitHub activity, and more. However, they shifted their focus to on-chain data and discontinued Cryptonavia in 2021 due to the rapid rise of DeFi

Their long-time friend Arnaud joined them to create Bubblemaps. The team expanded when they connected with Cameron online. Cameron's dedication and energy led him to become the co-founder and CMO

Starting from zero, Bubblemaps quickly gained recognition in the industry, partnering with key blockchains like BNB chain, Arbitrum, and Polygon. Through their blockchain investigations, they built a strong online presence, leading to a successful $3 million fundraising to enhance their platform.

• Nicolas Vaiman, CEO, France
• Léo Pons, CTO, France
• Arnaud Droz, COO, France
• Cameron McIntosh, CMO, UK

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

1. Blockchain Research: 80,000 ADA
2. Data Collection: 100,000 ADA
3. Computation & Processing: 130,000 ADA
4. Cardano Frontend Integration: 40,000 ADA
5. Public Deployment Setup: 30,000 ADA
6. Community Engagement & Partnerships: 10,000 ADA

TOTAL: 390,000 ADA

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

1. Integrating Bubblemaps with Cardano will enable us to create content focused on the ecosystem. Our strong reputation and reach will help highlight recent progress, new token launches, and potentially increase the number of investors and overall visibility for Cardano. Some of our previous threads have reached millions, showing our ability to attract attention and generate interest
2. We have been at the forefront of uncovering risky token behaviors, such as celebrity-backed projects and controlled supply tactics. By exposing these issues, we have helped our users avoid losses. Historically, tokens with highly controlled supply have a higher risk of causing harm to holders. Our work in this area can help protect Cardano users and promote a healthier ecosystem.

Here are some examples of investigations we've conducted:

• Insider activity on $NEIRO on ETH
• History of the scammer Sahil
• Celebrities launching tokens: Iggy, Andrew Tate, Davido
• Uniswap controlled by a16z