Arkham crypto is on the table! Buying and selling on-chain bitcoin data is now possible thanks to a reward marketplace launched by on-chain data supplier Arkham Intelligence.
The Arkham Intel Exchange, a marketplace, will provide a native token (ARKM) that aims to “deanonymize the blockchain.”
“We believe that deanonymization is destiny in the crypto markets and that the intelligence technology built by Arkham will serve as a foundation for the self-regulation of the crypto economy,” stated Arkham in a tweet.
We believe that deanonymization is destiny in crypto markets, and that the intelligence technology built by Arkham will serve as a foundation for the self-regulation of the crypto economy.
We invite you to read about this vision in more detail:
— Arkham (@ArkhamIntel) July 10, 2023
Arkham Crypto token sale: 50 million ARKM tokens available at a $15,000 value
The cryptocurrency will be distributed through the Binance Launchpad, and there will be a sale of 50 million tokens, which represents five percent of the available supply. During the sale, which will take place from July 11 to July 17, each user will have the ability to purchase ARKM tokens valued up to $15,000.
The new platform makes use of a feature known as a bounty, which gives users the ability to post “bounties” for data that is desired. The information may then be sourced and provided by blockchain researchers and detectives in exchange for the prize that has been offered.
Hacks and exploits involving cryptocurrencies hit new milestones in 2018, with digital assets worth billions of dollars being taken from cross-chain bridges, decentralized finance (DeFi) protocols, and exchanges. Arkham Crypto intends to curb the growth of crypto attacks by promoting on-chain research; nevertheless, some privacy activists on Twitter have voiced reservations about the project.
Announcing The World’s First On-Chain Intelligence Exchange
Buy and sell information on the owner of any blockchain wallet address—anonymously, via smart contract. pic.twitter.com/4xr7dLvOjp
— Arkham (@ArkhamIntel) July 10, 2023
According to the research page on Binance’s website, Arkham Crypto has successfully completed two rounds of equity fundraising, each of which raised over $10 million, with the most recent equity round reaching $150 million. Although only 5% of the total number of tokens will be available for purchase in the token sale, the other 95% will be distributed as follows: 20% to core contributors, 17.5% to investors, and 17.2% to the foundation treasury.
According to Binance, customers residing in Belarus, Cuba, the Democratic Republic of the Congo, Iran, New Zealand, North Korea, South Sudan, Syria, the United States of America, or any of its territories are ineligible to take part in the auction.
What is Arkham?
A blockchain analytics tool by Arkham Intelligence allows customers to follow and see on-chain activities. The Arkham Intel Exchange, an on-chain marketplace for blockchain intelligence, is now being introduced by the project. Users may post a request on the market for information on a bitcoin wallet address, and on-chain researchers can subsequently fill the request to gain money.
The ARKM coin is used as a utility token on the Arkham Intel Exchange. Users are encouraged to offer intelligence or make other types of contributions that will help the ecosystem develop. Bounty seekers must invest ARKM tokens, which are reduced if they provide inaccurate intelligence. As a governance token, the ARKM token also gives its owners the ability to control how the Arkham Intel Exchange develops over time.
How to participate in the Arkham crypto?
The Binance Launchpad will be used by the Arkham Crypto team to sell 50 million ARKM tokens, or 5% of the token’s total supply of 1 billion tokens. The team intends to generate $2.5 million during the sale by selling each token for the equivalent of $0.05.
The maximum amount one person may make into the Binance Launchpad Arkham token sale is the equivalent of $15,000. However, due to the fact that each user’s allotment will be based on the number of BNB tokens they own, not all users will be able to invest this much.
You must create and validate a Binance account in order to take part in the Arkham launchpad. Check out our tutorial on how to invest in an IEO on Binance for more details.
How to take part in the Arkham Launchpad is briefly explained here:
- Create a Binance account.
- Verify your account.
- On the Binance Launchpad main page, choose Arkham.
- Publish your BNB.
Before you leave, you can read our article Pepe coin skyrockets by 40% while the whole market makes a comeback.
Featured image credit: arkhamintelligence
