Earlier today, Binance announced the 32nd project on its launchpad, Arkham Intelligence. Arkham is building an intelligence platform that offers structured on-chain data.
Arkham Intelligence comes fully equipped with features that’ll disrupt the digital asset space. In this article, you will discover more info about this listed project On Binance Launchpad.
Arkham is now available on Binance Launchpad.
The token sale has a total hard cap of $2.5 million with a total token supply of 1 billion ARKM tokens. The Binance Launchpad received a 50 million (5%) allocation out of the total supply. As per an official announcement, each user is capped at $15,000 (about 300,000 ARKM tokens).”
Introducing the @ArkhamIntel $ARKM token sale on #Binance Launchpad!
➡️ https://t.co/OXltqaCuel pic.twitter.com/XJjRcPVyJP
— Binance (@binance) July 10, 2023
Binance will start a six-day period of tracking on July 11 at 0:00 (UTC) to keep track of users’ BNB balances. The average of each user’s balances during these six days will be used to determine their ultimate BNB holdings.
Then, on July 17, subscriptions will open to qualified customers for a 24-hour period, during which time users can commit their BNB to Binance. The final token distribution will be on July 18, and the corresponding BNB balance will be taken from each user’s account. And users will receive a matching number of ARKM tokens in their accounts. More info here.
Arkham Launches a New Data Marketplace Where People Can Trade Blockchain Data
Alongside its token sale, Arkham is launching a marketplace where people can buy/sell on-chain data. It uses smart contracts to enable people to anonymously buy data on the owner of a wallet address.
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
The company wrote on Twitter, “Arkham’s Intel Exchange finally gives sleuths a way to monetize their skills and meets the growing demand for on-chain intel in a scalable way.” This is how it works:
- Buyers post Bounties asking for information.
- Bounty hunters claim these bounties by providing data. The acquirer can hold all Intel purchased and sold on the Intel Exchange exclusively for 90 days.
- Users will have access to it. This gives the buyer enough time to get the most short-term value out of the intelligence. It also ensures the long-term community decentralization of on-chain information.
Source: Arkham
Arkham said in its Twitter thread, “Our vision for the Arkham Intel Exchange is a decentralized intel-to-earn economy powered by smart contracts, in which any sleuth can earn based on their skills and experience. This usher in a new era for crypto with a much higher standard of transparency and knowledge.”
The Intel Exchange will Help Reduce Inaccurate Data
The Intel Exchange has introduced a staking requirement for bounty hunters to minimize spam. The platform slashes a hunter’s stake if their submission is unaccepted. This precaution makes sure that the information shared on the site is accurate and reliable.
Source: Arkham
As per the announcement, the Intel Exchange will go live on Tuesday, July 18th.
Note: Users from the following countries cannot take part in token sales on the Binance Launchpad: Belarus, Cuba, the Crimea Region, the Democratic Republic of the Congo, Iran, New Zealand, North Korea, South Sudan, Syria, the United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), and Zimbabwe.
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