Arkham’s New Crypto Intel Trading Platform: A Game Changer For Traders?

Ronaldo Marquez

2 years ago

3 mins read

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Arkham, a blockchain intelligence platform, announced the launch of the world’s first on-chain intelligence marketplace, the Arkham Intel Exchange. This new platform will connect buyers and sellers of information on any crypto wallet address securely and anonymously via smart contract technology.

Arkham’s Anonymous On-Chain Intel Exchange

The Arkham Intel Exchange is designed to meet the growing demand for on-chain analysis from traders, investors, journalists, researchers, and protocols. The platform also aims to provide a way for talented on-chain sleuths to monetize their skills and experience, creating a decentralized intel-to-earn economy.

According to the announcement, buyers on the Arkham Intel Exchange can request and purchase information related to any on-chain activity, not just limited to entity labels. For example, victims of an exploit may pool resources to acquire Intel on the exploiter, while a trading firm may wish to buy out intel on their wallet before a competitor finds it.

Any information related to a crypto wallet address, such as transaction history, balances, and other on-chain activities, can be bought and sold on the Intel Exchange.

The platform aims to provide a liquid market for information, allowing on-chain sleuths to monetize their work at scale and meet the growing demand for on-chain intel in a scalable way. But how does the bounty system work?

The bounty system on the Arkham Intel Exchange is designed to connect buyers who need information on a crypto wallet address with bounty hunters who have the required intel. Buyers can post bounties by setting a reward for the information they need, and the reward can be in any cryptocurrency supported by the platform.

Once a bounty is posted, bounty hunters can claim it by submitting the requested intel. The bounty hunter who submits the required intel first is eligible to claim the reward set by the buyer.

To prevent spam, all bounty hunters must stake a small amount, which will be slashed in the event their submissions are not approved. Additionally, any intel bought or sold on the Intel Exchange will be exclusively held by the acquirer for 90 days. After that, the information will be propagated to all users, ensuring the decentralization of on-chain knowledge to the community over the long run.

After the 90-day holding period is over, the information is added to the Arkham platform and granted to Arkham’s wider community. This ensures the decentralization of on-chain knowledge to the community over the long run.

The Arkham Intel Exchange will be live on Tuesday, July 18, and all transactions on the platform will take place through smart contracts audited by Arkham’s partner, Quantstamp.

Arkham Token Sale Goes Live On Binance Launchpad

Binance Launchpad, the token launch platform of cryptocurrency exchange Binance, has announced its partnership with Arkham for the public token sale of its native token ARKM. This marks the 32nd project to feature a token sale on Binance Launchpad.

The ARKM token sale will follow the Launchpad subscription format, which will record user Binance Coin (BNB) balances for six days starting from July 11th, 2023. The final BNB holding amount for each user will be determined as the average of the six days, using the Daily Average BNB Balance calculation previously announced by Binance.

The ARKM token sale is set to have a hard cap of $2.5 million, with a hard cap per user of $15,000 (or 300,000 ARKM). The total token supply for ARKM is set at 1 billion, with 5% (or 50 million ARKM) allocated for the Binance Launchpad.

The public sale token price for ARKM is $0.05 per token, with the price in BNB to be determined before subscription. The subscription timeline is set to take place from July 17th to July 18th, with the subscription period opening for all eligible users for a 24-hour period.

Featured image from Unsplash, chart from TradingView.com

Ronaldo Marquez

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

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