Bubblemaps, a company that sells on-chain analytical software, has added The Open Network (TON) to its InfoFi product. The integration, to be released on June 19, adds the visual analytics option to the TON ecosystem, allowing users to monitor tokens distribution and wallet activity in the network. This growth makes TON the eighth blockchain that Bubblemaps V2 supports.
TON, a blockchain that Telegram first developed, has been among the fastest-growing Web3 environments. With daily active addresses exceeding 500,000 and daily transactions approaching 2 million, the need for clear data visualization has grown. Bubblemaps focuses on satisfying this need, providing users with real-time>Improving Transparency and Usefulness within TON
The integration means TON developers and users can access all the functions of Bubblemaps. This also features Magic Nodes capable of revealing interdependencies between wallet addresses and Time Travel, a relic exploring the distribution of tokens historically. These functionalities will enable simplification of complex on-chain information and actionability of these data by traders, analysts and protocol builders.
TON blockchain already supports thousands of Telegram-native mini apps and has more than 40 million wallets. Regardless of this explosive growth, the ecosystem has been underserved in terms of user-friendly on-chain analytics.
Bubblemaps provides a solution to this limitation by delivering visual devices that retain user privacy while increasing transparency. The TON Foundation representatives claim that the cooperation helps to achieve the network-wide objectives of advancing trust and privacy.
Locating Bubblemaps in the InfoFi Industry
This integration also supports the position of Bubblemaps as one of the pioneers in the still-nascent InfoFi category, where actionable information is thought to be a fundamental market enabler. Making the blockchain data easy to access, Bubblemaps aims to become a primary channel of navigation through the token movement.
The collaboration with Bubblemaps will enhance the presence of TON and enhance the data-based decisions within the Telegram-connected environment, where the network will continue to attract users and projects.
Read the full article here
