Bubblemaps, a blockchain sleuthing firm, has unveiled its BMT token on Solana and BNB, coinciding with the launch of its Intel Desk investigation platform. However, the rollout stirred controversy due to the company controlling approximately 94% of the token supply at launch, leading to concerns over transparency similar to the scams it typically warns against. Despite this, Bubblemaps clarified their stance, stating the substantial holding is part of a planned vesting strategy over four years. They claim the difference lies in the transparency of their tokenomics. BMT reached market caps of $90 million on Solana and $49 million on BNB but has since dropped to around $26 million. The token allows holders to govern the investigations conducted on the platform, where they can propose and vote on which issues to explore. The new model aims to leverage community engagement while adhering to vesting guidelines, distinguishing it from some criticized launches in the crypto space.

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