On-chain data provider Arkham Intelligence has launched a bounty marketplace called the Arkham Intel Exchange, which will allow users to buy or sell on-chain cryptocurrency data.
On the Exchange, Users Can Post "Bounties" for Information That Is in Demand
On-chain data provider Arkham Intelligence has launched a bounty marketplace called the Arkham Intel Exchange, which will allow users to buy or sell on-chain cryptocurrency data.
On the exchange, users can post "bounties" for information that is in demand, which blockchain researchers and sleuths can then offer in exchange for the pledged bounty.
Although some privacy activists have expressed concerns regarding this "dox-to-earn" model, Arkham seeks to encourage on-chain research to stop the spread of cryptocurrency attacks, with a record $3B lost to DeFi hacks last year.
Arkham has raised over $10 million through two rounds of equity funding. Of the token supply, 5% will be used for the token sale, 20% will go to key contributors, and the remaining tokens will be distributed to investors and the foundation treasury. Additionally, Arkham intends to airdrop early adopters of the data intelligence dashboard ARKM tokens.
Following the launch by Arkham, Binance Launchpad confirmed that Arkham (ARKM) will be its 32nd token sale project. Each user's purchase is limited to $15,000 and the sale has a hard cap of $2.5 million. Out of the 1 billion ARKM total token supply for Arkham, 50 million have been reserved for Binance Launchpad.
Binance will start a six-day monitoring phase on July 11 in order to record user BNB balances. After that, subscriptions will become available to qualified users on July 17 and last for 24 hours. The final token distribution will be calculated on July 18 and the corresponding BNB balance will be taken from each user's account along with distributing the corresponding number of Arkham tokens.
