This is all you need to know about Arkham Inteligence, the world first Intel To Earn.
What Is Arkham Intelligence?
Arkham is an intelligence platform that provides information on entities in the real world and people behind crypto market activities. It's vision is to create a decentralized intel-to-earn economy with its crypto intelligence platform, Arkham hopes to eliminate bad actors in the crypto market who seek to profit in illicit ways.
On Arkham, we can see tagged wallets to know who they belong to - whether they belong to a certain entity, person, or even whales. As of the time this article, there were 350 million labels and 200,000 entity pages on Arkham.
In essence, Arkham is a blockchain search engine for tracking the crypto activities of specific people or entities, equipped with several tools that can help us observe on-chain activities. Arkham's mission is to become a self-regulating entity in crypto. With Arkham Intelligence, incidents like FTX using user funds can be anticipated beforehand. But it's not without controversy.
Intel to Earn
Intel to Earn is a new way for on-chain analysts to earn rewards. Arkham is also a marketplace for buying and selling crypto intelligence. For the first time, on-chain analysts have a marketplace to sell their research. With Intel Exchange, anyone can trade information such as entity labels, tracing wallet hackers, and more.
Users can also create bounties or auction projects that have been audited through smart contracts, without a centralized entity holding their funds. This can be seen as a marketplace for buying and selling on-chain data information, where the crypto community can self-regulate and anyone can become a "police" with on-chain evidence. Those who want to create Ponzi token projects will have to think twice. This is the world's first Intel to Earn platform, and Arkham is the first platform to act as a bridge between data analysts and Intel merchants.
Arkham Features
Arkham has developed Ultra, an AI system that collects on and off-chain data from various sources and turns raw data into dashboard-presentable data for us to analyze its activities. Arkham also supports multi-chain like Bitcoin, Ethereum, Tron, BNC Chain, Polygon, and many more.
In Arkham, we can see what data is available, such as the first one, which is a wallet's activities, such as transaction history, portfolio holding, balance history, profit and loss, and exchange used by the wallet.
Arkham provide dashboard feature whose contents can be customized according to our needs.
The use case of Arkham Intlligence is for
on-chain top trader/investor activity monitoring
predicting market movements based on on-chain data performing due diligence on projects
forensic research on scam crypto recorded on-chain data
tracking our own wallet portfolio.
Binance Launchpad
Arkham's token ($ARKM), is launching on Binance Launchpad. Binance Launchpad is a platform for IEOs on Binance and has an average ROI of over 1500% and an all-time high of over 18,700%
Of the three recent launches, $EDU reached an ATH of 3355%, $ID reached 4132%, and Hook reached 4055%. StepN GMT token reaching an ATH of 41,000%! Even in a bear market, GMT is still 22x above the sale price on the launchpad.
There are three easy steps to participate in Binance Launhpad:
Hold BNB during the preparation period, and the BNB in these wallets will be snapshot.
During the commitment period, on July 17th for Arkham, commit all of your BNB according to the maximum allowed amount based on the snapshot BNB during the preparation period. Move your BNB to spot and commit all of it.
Wait for the distribution period, and your remaining BNB will be returned to spot.
Next, we wait for Arkham to be listed on Binance!
If StepN was the first Move to Earn, then Arkham is the first Intel to Earn!
Use ANGGA20 to get 20% discount trade fee if you want to sign-up Binance for the first time!
ARKM Usecase & Tokenomics
According to the whitepaper, $ARKM is used for incentives, with two incentive systems: rewarding actions that benefit the Arkham ecosystem, and providing discounts of up to 60% for those who make payments with ARKM tokens in the Arkham ecosystem.
Payment Token. Users can get discount up to 60% on Intel Exchange
Reward program,
Granting development of the ecosystem.
Partner Reward,
Stake. Usersmust stake ARKM and lock it up if they want to post bounty
Regarding tokenomics, the total supply is 1 billion tokens, with allocation as follows.
ARKM will be fully unlocked after 7 years of listing, and the initial circulating supply during TGE was 15%.
Community Backlash
Some say that Arkham is Doxx to Earn. An effort to uncover the anonymity of others via on-chain. But, on-chain analysis is not new thing, what Arkham does is already common among on-chain analysts. The difference is that Arkham has a more intuitive dashboard, visualizer, and access for on-chain analysts to buy and sell on-chain analysis services within the platform.
Arkham is sure to be a big enemy for people who like to make rug-pull projects, pump and dump tokens with small market caps, and hacker who exploit protocols. Because their activities are threatened to be spied on.
The good thing is, people who want to do bad things on the chain have to think twice, because anyone can create a bounty or buy on-chain analysis services and track their wallets via Arkham. Hopefully, on-chain activities will be better & clean from criminal acts.
The bad thing is, what is feared by many people, individuals might doxx each other. But, what Arkham capability is not new. Even on etherscan itself, there is also a wallet tagging feature. Remember, this is a permissionless public chain.
In my opinion, Arkham is like the Google of blockchain. And like Google's tagline, don't be evil. Because what Google has indexed, the digital footprints cannot be erased. Likewise with Arkham, digital footprints on the blockchain are there forever, and can be used as information. Those who do evil on the chain will surely be recorded via on-chain
What do you think? Will Arkham bring crypto ecosystem to a better direction?
