Detailed Explanation of the On-Chain Information Sharing Platform Arkham

In the development of cryptocurrency, its anonymity and privacy are the main features that have allowed it to be widely used. However, in today's rapidly evolving blockchain landscape, various unique cryptographic technologies have been developed and applied across different industries. Among them, the blockchain intelligence company Arkham has launched the "Arkham Intel Exchange," which aims to establish a decentralized intelligence market driven by smart contracts, providing absolute transparency and deep insights into blockchain transactions.
Due to its ability to connect on-chain addresses with real-world entities using AI algorithms, enabling on-chain data collection, processing, analysis, and presentation to provide users with a complete behavioral picture, it has been criticized by some in the crypto community as promoting a "human flesh search" mentality, raising concerns about personal privacy violations. Nevertheless, ARKM has still become a key IEO project recommended by Binance, backed by the participation of a co-founder of OpenAI, sparking a wave of AI interest in the industry.

## 1. What is Arkham?

With the rapid development of the cryptocurrency market, data analysis of cryptocurrency wallet addresses has become increasingly important. However, obtaining this data often requires a significant investment of time and effort, as it is dispersed across different blockchains and lacks integration and standardization. To address this issue, the blockchain intelligence company Arkham has launched the world's first on-chain intelligence exchange - the "Arkham Intel Exchange," aimed at establishing a decentralized intelligence market driven by smart contracts to facilitate the trading and sharing of blockchain intelligence.

The core market of Arkham Intel Exchange is the buying and selling of intelligence related to cryptocurrency wallet addresses. In this market, bounty hunters can seek on-chain information by locking funds to obtain information about cryptocurrency addresses or entities. These bounties can be fulfilled by blockchain researchers or detectives who exchange intelligence for rewards.

## 2. Arkham Operating Mechanism

Arkham operates through two core components: the Analytics Platform and the Intel Exchange. The Analytics Platform provides data and analysis through various features such as entity pages, token pages, network visualization, and real-time alerts. These features allow users to gain insights into individuals, companies, and other entities, displaying their current and historical portfolio holdings, transaction history, profit and loss records, and major counterparties. It can also reflect the relationships and flow of funds among entities, enabling users to grasp the intricate connections within the crypto ecosystem.
Arkham Intel Exchange offers services for buying and selling address labels and other intelligence information. It allows users to post bounties by locking ARKM in bounty contracts to seek specific intelligence. It also encourages users to submit intelligence for training Arkham's proprietary AI engine, Ultra, through the DATA program and rewards them for their contributions.

Bounty Hunters
Bounty hunters are individuals or organizations that post bounties on the Arkham Intel Exchange. Bounty hunters can set the amount and duration of the bounty and describe the required intelligence. For example, they may need to identify the owner of a specific cryptocurrency wallet address or understand an entity's activity on the blockchain. Bounty hunters need to lock a certain amount of funds as collateral for the bounty.
Bounty Fulfillers
Bounty fulfillers are individuals or organizations that complete bounty tasks. They can obtain the required intelligence by conducting various investigations and research on the blockchain and communicate with bounty hunters. Bounty fulfillers need to submit the obtained intelligence to the exchange and receive rewards after review.
Intelligence Traders
Intelligence traders are individuals or organizations that sell intelligence on the Arkham Intel Exchange. They can publish their intelligence on the exchange and set prices. Other users can purchase this intelligence and gain access as needed. Intelligence traders can profit by selling intelligence.
Intelligence Collectors
Intelligence collectors are individuals or organizations that gather intelligence on the Arkham Intel Exchange. They can collect various information and data on the blockchain through various means, such as web scraping and data analysis, and organize and publish it on the exchange. Other users can view this intelligence and pay a fee to gain access. Intelligence collectors can profit by selling intelligence content.

## 3. Core Advantages of Arkham

Arkham Intelligence has developed a proprietary AI algorithm address matching engine called Ultra, which can extract intelligence from today's vast network of activities. This technology manages on-chain and off-chain data from multiple sources (and multiple chains) and links blockchain addresses to real-world entities, providing a complete picture of entities using cryptocurrencies and their activities.

Features and Characteristics of Arkham Intel Exchange:

• Decentralized Intelligence Market: The exchange operates in a decentralized manner, allowing users to interact directly without a central authority. This setup promotes transparency and fairness while reducing the risks associated with centralized platforms.
• Bounty System for Intelligence Requests: Users seeking specific intelligence can post bounties on the exchange, specifying the information they need and the amount of ARKM they are willing to pay. Other users can fulfill these requests to earn bounties. This system incentivizes the collection and sharing of targeted intelligence.
• Intelligence Auctions: Users with valuable intelligence can auction it to the highest bidder. This feature allows individuals with unique insights, data, or analysis to effectively monetize their knowledge.
• Intel-to-Earn Model: The exchange introduces an Intel-to-earn model that rewards users for their contributions to the ecosystem. Whether through fulfilling bounty requests or participating in auctions, contributors can earn ARKM tokens, encouraging active participation and the continuous growth of the platform's intelligence pool.
• Smart Contract-Based Transactions: All transactions on Arkham Intel Exchange, including bounties and auctions, are conducted through smart contracts. This approach ensures transparency, security, and trust, as these terms are executed programmatically and cannot be tampered with.
• Exclusive Access Period: Purchased intelligence is initially available exclusively to the buyer for a predetermined period, after which it may be made publicly available on the Arkham platform. This exclusivity period allows buyers to maximize the value of the intelligence they have obtained.

## 4. Arkham Team and Funding Information

Arkham was founded by Miguel Morel in 2020, who is also one of the co-founders of the algorithmic stablecoin project Reserve Protocol and currently serves as the CEO of Arkham.
According to information on Arkham's official website, they raised over $12 million in Series A funding, with investors including one of the anonymous co-founders of OpenAI, which created the AI sensation product ChatGPT in 2023, Palantir co-founder Joe Lonsdale, Bedrock founder Geoff Lewis, and Draper Fisher Jurvetson founder Tim Draper, among other industry elites.

## 5. ARKM Token Economics

As the ecological token of Arkham, the total supply of the $ARKM token is 1,000,000,000 ARKM, with an initial circulating supply of 15% of the total token supply.
Functions of the ARKM Token:

• Intelligence Trading: The ARKM token is used for buying and selling cryptocurrency-related intelligence on the Arkham Intel Exchange. Users can use ARKM to post intelligence bounties or purchase intelligence shared by others.
• Incentive Mechanism: The Arkham ecosystem encourages users to share valuable intelligence through a bounty (intel-to-earn) model. Users can earn ARKM tokens as rewards by providing intelligence, completing bounty tasks, or selling intelligence in auctions.
• Governance: ARKM token holders may participate in governance decisions for the platform, such as voting on platform updates, intelligence verification standards, and bounty policies.
• Transaction Fees: When conducting transactions on the Arkham Intel Exchange, ARKM tokens may be used to pay relevant fees, including but not limited to bounty posting fees, transaction fees, or other potential platform service fees.

The distribution is as follows:
Treasury: 50% (500,000,000 ARKM)
Investors: 20% (200,000,000 ARKM)
Team: 20% (200,000,000 ARKM)
Market Making: 5% (50,000,000 ARKM)
Rewards: 5% (50,000,000 ARKM)