ArkhamIntel, A leading analytics platform, has just made an exciting announcement - the launch of their token, ARKM, on Binance Launchpad. This groundbreaking token is set to transform the way we access and utilize crypto intelligence.
So, how does the ARKM Token work? It all revolves around their cutting-edge tool called the profiler. This AI system gathers both on and off-chain data to provide a comprehensive range of analytics, including transaction history, portfolio holdings, balance history, P&L, and top counter parties.
But that's not all - ARKM Token also powers the Arkham Intel Exchange, a platform that enables the buying and selling of crypto intelligence. With ARKM, users can utilize entity labels, trace hackers, and much more. Buyers can request intel through bounties, while sellers provide intel through auctions. It's a seamless process that converts valuable intelligence into a public good.
The "Intel-to-Earn" model involves four key participants:
1. Buyers: Those seeking specific data can place bounties by staking ARKM. Others can also stake the same amount or more, increasing the value of the bounty. Both bounty stakers and auction winners gain exclusive access for 90 days.
2. Hunters: These are the individuals who actively hunt for intelligence. The higher the bounty, the greater the demand.
3. Merchants: These participants auction off intelligence they gather themselves or receive from others.
4. Collectors: Instead of targeting specific bounties, collectors acquire intelligence from auctions.
Bounties are the lifeblood of the ARKM ecosystem. The process begins with an initial buyer staking ARKM to kickstart the process. Follow-on buyers can also stake ARKM, and if the initial buyer desires exclusivity, their stakes can be bought out. Bounty hunters play a crucial role in solving and providing intel.
To sustain the network, Arkham takes a 2.5% maker fee on submitted bounties and auction payouts, as well as a 5% taker fee on bounty payouts and successful auction bids.
The auction structure follows the NFT marketplace format. Sellers can set a purchase price, minimum bid, and the length of the auction. All intelligence is verified by Arkham before the auction begins. To prevent spam, auction holders must stake 10 ARKM, which is lost if their submission is rejected.
Arkham incentivizes users to utilize ARKM in two ways:
1. ARKM Rewards: Users can earn rewards for actions that benefit the Arkham ecosystem, such as grants and partner rewards.
2. ARKM Discounts: Platform discounts of up to 60% are available for paying in or holding ARKM. Paying in ARKM provides a 20% discount on platform payments, while holding ARKM can result in a discount of up to 50%, depending on the holding size and duration. These discounts can be combined for a maximum discount of up to 60%.
With the increasing intensity of hacks, rugs, and PVP, the launch of ARKM Token presents an intriguing attempt at creating a decentralized data marketplace. This move is set to usher in a new wave of on-chain analytics tokens, revolutionizing the way we access and utilize crypto intelligence.
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