Understand Binance Launchpad's new project Arkham in one article. What is intel to earn?
What is Arkham? Who does it serve?Written by: Loopy Lu, Odaily
Binance is about to launch its 32nd Launchpad project, Arkham (ARKM), and will open a special BNB session.
This sale will be based on a contribution model, where Binance will determine the user's contribution limit based on the average daily BNB holdings over a 6-day period. The BNB holding snapshot period is from 8:00 AM Beijing time on July 11, 2023, to 8:00 AM Beijing time on July 17, 2023.
Arkham is a crypto intelligence platform aimed at deriving valuable conclusions and insights through the analysis of on-chain transaction data. The platform uses AI algorithms to link on-chain addresses with real-world entities, providing users with a complete behavioral picture.
What is Arkham?
In its official introduction, Arkham describes itself as "the world's first on-chain intelligence exchange." The circulation and trading of on-chain information is the main feature of this product, and Arkham provides users with a marketplace called Arkham Intel Exchange.
（Arkham Intel Exchange）
Arkham Intel Exchange is a decentralized crypto intelligence protocol. On one hand, users can request intelligence from the community by offering bounties in this marketplace. On the other hand, bounty hunters can earn rewards by submitting the requested intelligence.
Who does Arkham serve?
The Arkham team stated that they observed two trends in the crypto community that led to the launch of this project:
There is a huge demand for on-chain analysis from traders, investors, journalists, researchers, and project teams.
An increasing number of excellent on-chain detectives are becoming active in the crypto community.
As a result, Arkham provides a way for on-chain detectives to monetize their skills, satisfying both sides of this demand and creating an intelligence marketplace.
Anyone can profit from intelligence on this protocol, allowing people to buy and sell on-chain data and labels. Intelligence and information thus gain liquidity, enabling the work of on-chain detectives to be monetized on a large scale, "intel-to-earn."
Arkham believes that based on this intelligence, users can understand the activities in the digital asset market, allowing them to participate better and achieve better performance.
（Intelligence bounty tasks）
（Publishing bounty requests）
What else can be done besides bounties?
For those who do not wish to participate in intelligence buying and selling, they can also obtain valuable information from the community.
In the intelligence market, any intelligence will be exclusively held by the buyer for 90 days, after which it will be made public to all users. This gives buyers ample time to respond to the purchased intelligence while allowing sufficiently valuable intelligence to spread throughout the community.
In this market, in addition to intelligence bounties, users can also trade various entity labels. Arkham provides various data and analysis about real-world entities, including but not limited to the following:
Transaction history of entities, which can be filtered and sorted by USD value, tokens, counterparties, and time.
Holdings of entities, which can be segmented by tokens and chains.
Balance history of entities, including total balance history and profit and loss history.
Usage of entities on exchanges, including deposit and withdrawal volumes, as well as counterparties ranked by trading volume.
This data and analysis can be viewed through Arkham's Profiler feature, which is one of the core functionalities of the Arkham platform, providing a comprehensive view of the activities of an entity or address.
The Arkham team also listed two specific use cases for users: after a security incident occurs, victims can pool resources to obtain and track intelligence on attackers; trading firms may wish to buy out intelligence before their addresses are exposed to prevent competitors from discovering their addresses.
When will it open?
Arkham Intel Exchange will launch on July 18.
Token distribution and release
The total supply of ARKM is 1 billion tokens, with the following distribution:
Treasury: 50%;
Investors: 20%;
Team: 20%;
Market making: 5%;
Rewards: 5%.
The distribution diagram is as follows:
（Token distribution model）
All investor and team tokens will be unlocked linearly over 3 years, starting one year after issuance. Treasury tokens are locked by default, and the release of treasury tokens will be announced at least 1 month in advance.
（Token release model）
