This article provides an introduction to Arkham (ARKM), the latest project featured on Binance Launchpad.
Binance is currently the world's largest cryptocurrency exchange, serving over 200 million users globally and offering a wide range of cryptocurrency trading services.
Binance Launchpad is Binance's blockchain asset issuance platform, offering investors a channel to participate in and subscribe to Initial Exchange Offerings (IEOs).
New virtual currencies listed on Binance Launchpad must meet Binance's internal screening criteria. While not an absolute guarantee of security, this process helps ensure that projects maintain a certain level of quality, making them relatively more reliable compared to other IEO opportunities.
This article compiles official information and insights regarding the Arkham (ARKM) listing event, presented as a reference guide.
This article is intended for informational purposes only and should not be considered investment advice. All investments carry risk, and cryptocurrencies are extremely high-risk assets. Always conduct your own research before investing.
What Is Arkham (ARKM)?
Arkham is a platform that utilizes AI technology to provide blockchain data and intelligence analysis. It generates revenue by selling information and offers rewards to researchers who contribute valuable data.
The following information is compiled from Arkham's official website, whitepaper, and related research reports.
The Arkham Intelligence Platform
Arkham's AI engine, ULTRA, analyzes publicly available on-chain data to attach labels to blockchain addresses. This process helps uncover more information by linking these addresses to real-world entities.
Without strong analytical capabilities, a blockchain address may appear as nothing more than a string of code. Arkham's platform allows users to access analyzed results—including historical transaction data—without needing to write complex code or hire a blockchain analyst. This makes valuable insights more accessible.
The platform offers rich data and analytical tools, including entity profiles, token pages, network visualizations, and real-time transaction alerts.
Its AI development has received support from the founders of well-known companies like Palantir and OpenAI.
The Intel Exchange
The Arkham Intel Exchange is a marketplace for buying and selling address labels and other intelligence. It facilitates the matching of buyers with specific information needs and researchers who can provide solutions through features like bounties, auctions, and the DATA Program.
Example use cases listed on Arkham's website include:
- Searching for a hedge fund's wallet addresses.
- Locating the team wallets of a specific protocol.
- Unmasking the real identity of someone impersonating a celebrity.
- Victims of an exploit pooling resources to track the attacker.
- A trading firm wanting to purchase exclusive intelligence about a wallet before its competitors find it.
Researchers and analysts can earn bounty rewards by solving problems posted on the platform.
Recent Developments and Funding
Arkham has raised over $150 million through two rounds of equity financing. Investors include Tim Draper, Bedrock Capital, Wintermute Trading, GSR Markets, as well as the co-founders of Palantir and OpenAI.
Summary of the Arkham Platform
In essence, Arkham is a technology-driven information provider and a marketplace for intelligence mediation. It delivers processed, analyzed insights from complex blockchain records, rather than raw, unintelligible data.
For blockchain businesses or individuals, Arkham's platform can address specific information needs. If someone lacks the time or research capabilities to analyze an address, they can post a bounty on the Intel Exchange, offering a reward for a solution.
Conversely, skilled blockchain researchers can find various problems to solve on the Intel Exchange, using public blockchain data to earn rewards.
The ARKM Native Token
ARKM is the native utility and governance token of the Arkham platform.
Its uses include:
- Platform Utility: ARKM serves as the currency for the Arkham analytics platform, providing access to discounted services and premium features. It also helps incentivize activity on the Intel Exchange marketplace.
- Bounties & Auctions: Users can submit bounties to purchase intelligence or auction off their own information.
- Governance: Token holders can vote on the strategic direction of the Arkham ecosystem.
Users can also earn ARKM rewards by submitting intelligence, referring new users, and performing other actions that benefit the ecosystem's growth.
ARKM Token Distribution
| Allocation Category | ARKM Amount | % of Total Supply |
|---|---|---|
| Ecosystem & Community Incentives | 373,000,000 | 37.30% |
| Binance Launchpad Sale | 50,000,000 | 5.00% |
| Core Team | 200,000,000 | 20.00% |
| Advisors | 30,000,000 | 3.00% |
| Treasury | 172,000,000 | 17.20% |
| Investors | 175,000,000 | 17.50% |
| Total Supply | 1,000,000,000 | 100% |
Source: Binance Research
Arkham (ARKM) Risk Analysis
The Arkham project is backed by notable investors and possesses unique technology with a clear business model, positioning it as an information provider within the blockchain ecosystem.
Like any new company, its future success and the value of its token depend on the evolution of the broader ecosystem and its ability to compete commercially. Its growth is tied to the expanding use cases and participant base of blockchain technology, which drives demand for on-chain analytics.
For many participants, new token sales are seen primarily as short-term arbitrage opportunities rather than long-term investments. It's crucial to understand the potential advantages and risks involved.
Potential Advantages of Participating
- Subscription Priority: Existing Binance users are given priority access to Launchpad sales.
- Arbitrage Opportunity: Historically, tokens listed on Binance Launchpad have often experienced a significant price increase shortly after their initial listing compared to the subscription price. However, this is not a guaranteed outcome.
Key Risks to Consider
- Allocation Based on BNB Holdings: The amount of ARKM a user can subscribe for is determined by the average amount of BNB held in their Binance account during a specific snapshot period.
- BNB Price Volatility Risk: The value of BNB can fluctuate significantly during the snapshot period. If you purchase BNB specifically for the sale, you are exposed to the risk of its price dropping.
- Cryptocurrency Volatility Risk: While past performance shows short-term gains, there is no guarantee the ARKM token will trade above its subscription price after listing. Prices are highly volatile and can be influenced by numerous market factors in both the short and long term. 👉 Explore more strategies for managing crypto volatility
Binance Launchpad: Arkham (ARKM) Sale Details
The Arkham (ARKM) sale on Binance Launchpad will use a subscription model based on users' BNB holdings.
Event Timeline (UTC+8):
- BNB Holding Period Snapshot: July 11, 2023, 08:00 – July 17, 2023, 08:00. Daily snapshots of user BNB balances will be taken.
- Subscription Period: July 17, 2023, at 14:00
- Final Token Calculation: July 18, 2023, at 14:00
- Final Token Distribution: July 18, 2023, at 15:00. Users must have sufficient BNB in their Spot Wallet to cover their subscription amount.
| Sale Detail | Information |
|---|---|
| Token Name | Arkham (ARKM) |
| Hard Cap | $2,500,000 |
| Individual Cap | 600,000 ARKM (~$30,000) |
| Total Token Supply | 1,000,000,000 ARKM |
| Launchpad Allocation | 50,000,000 ARKM (5% of total supply) |
| Exchange Rate | 1 ARKM = $0.05 USD (Final exchange rate in BNB will be announced before subscription) |
| Supported Mode | Subscription |
| Participation Currency | BNB |
| Research Report | Arkham Research Report |
How to Participate in the Arkham Sale on Binance Launchpad
To participate, you must first have a verified Binance account.
Step-by-Step Guide:
- Account & Verification: Ensure your Binance account is fully set up and has completed the required identity verification (KYC) process.
- Hold BNB: Deposit or purchase BNB and hold it in your Binance Spot Wallet for the duration of the snapshot period. Your average daily BNB balance during this period determines your maximum subscription allowance.
- Subscribe: During the subscription window, navigate to the Binance Launchpad page, find the Arkham project, and commit your BNB to the sale.
- Receive Allocation: After the subscription period ends, your final token allocation will be calculated and the corresponding amount of BNB will be deducted from your wallet. ARKM tokens will be distributed to your Spot Wallet.
Reminder: This article is for informational purposes only and is not investment advice. Cryptocurrency investments are highly risky. Please conduct your own thorough research before making any investment decisions.
Frequently Asked Questions (FAQ)
Q1: What is Binance Launchpad?
Binance Launchpad is a token launch platform that helps blockchain projects raise capital and gain visibility. It allows Binance users to purchase new tokens before they are listed on the open market, often through a subscription model based on their holdings of Binance Coin (BNB).
Q2: How is my maximum ARKM subscription amount calculated?
Your maximum allocation is determined by your average daily BNB balance held in your Spot Wallet during the specified snapshot period. The more BNB you hold on average, the higher your potential subscription limit will be.
Q3: What happens if the value of BNB drops after I buy it for the sale?
You are exposed to the price volatility of BNB. If you bought BNB specifically for the sale and its price falls, you could experience a loss on your BNB holding, regardless of the ARKM token's performance. It's important to consider this market risk.
Q4: Is there a guarantee that ARKM's price will rise after it lists?
No, there is absolutely no guarantee. While historical performance of Launchpad tokens has often been positive, past results do not predict future outcomes. The token's price after listing is determined by market forces and can be highly volatile. 👉 Get advanced methods for evaluating new token projects
Q5: What are the main utilities of the ARKM token?
The ARKM token is used for paying for services on the Arkham intelligence platform (often at a discount), participating in governance votes, and funding bounties or auctions on the Intel Exchange marketplace.
Q6: Are there any geographical restrictions for participating?
Yes, users from certain prohibited jurisdictions, including the United States, may be unable to access Binance Launchpad or participate in the token sale due to local regulations. Always check Binance's terms of service for your region.