Binance Launchpad Hosts Token Sale for ARKM
Binance Launchpad is set to host a token sale for 5% of the ARKM token supply. Arkham Intelligence, an on-chain data provider, has launched a marketplace called Arkham Intel Exchange. The marketplace allows users to buy and sell on-chain cryptocurrency data. It features a native token, ARKM, which aims to “deanonymize the blockchain.” The token will be issued on Binance Launchpad, with 50 million tokens available for sale, equivalent to 5% of the total supply. Users can purchase up to $15,000 worth of ARKM tokens during the sale from July 11 to July 17.
Main Points:
- Arkham Intelligence has launched the Arkham Intel Exchange marketplace for buying and selling on-chain cryptocurrency data.
- The marketplace will feature the ARKM token, designed to “deanonymize the blockchain.”
- Binance Launchpad will host the token sale, offering 5% of the total ARKM token supply.
- Users can purchase up to $15,000 worth of ARKM tokens during the sale from July 11 to July 17.
- The platform uses a bounty mechanism, allowing users to post bounties for desired data and incentivizing on-chain research.
Hot Take:
The launch of the Arkham Intel Exchange and the ARKM token sale on Binance Launchpad provide an opportunity for cryptocurrency enthusiasts to access and contribute to on-chain data. This marketplace aims to combat the increasing number of crypto hacks by incentivizing research. However, concerns have been raised by privacy advocates regarding the potential deanonymization of the blockchain. It will be interesting to see how the marketplace evolves and addresses these concerns in the future.
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