During the development of encryption power, its anonymity and privacy are its main features that can be widely used. However, in today's rapidly developing blockchain, various unique encryption technologies have been developed and applied in various industries. Among them, blockchain intelligence company Arkham has launched a decentralized intelligence market called "Arkham Intel Exchange", which attempts to establish a smart contract-driven decentralized intelligence market, providing absolute transparency and profound insights for blockchain transactions.
Due to its use of AI algorithms to link on-chain addresses with entities in the real world, it achieves on-chain Data Acquisition, processing, analysis, and presentation, providing users with a complete behavioral image. Therefore, some cryptocurrency users call it a "human flesh search" trend, fearing that it will infringe on personal privacy. Nevertheless, ARKM has become a highly recommended IEO project by Binance, with the participation of the co-founder of OpenAI, sparking an AI wave in the industry.
On September 12th, 2024 at 16:00 (UCT + 8), the Arkham ecological token $ARKM will log in to The First spot area. In order to help users better understand this project, a detailed introduction of its ecology, token economics, team and financing information will be provided, making it easier for users to make reasonable investment plans.
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 usually requires a lot of time and effort because it is scattered across different blockchains and lacks integration and standardization. To solve this problem, blockchain intelligence company Arkham has launched the world's first on-chain intelligence exchange - "Arkham Intel Exchange", aiming to establish a decentralized intelligence market driven by smart contracts to promote the trading and sharing of blockchain intelligence.
The core market of Arkham Intel Exchange is the buying and selling market for cryptocurrency wallet address intelligence. In this market, bounties can be obtained by locking funds to seek on-chain information to obtain information about cryptocurrency addresses or entities. These bounties can be completed by blockchain researchers or detectives who exchange intelligence in exchange for rewards.
II. Arkham Operating Mechanism
Arkham operates through two core platforms: the Analytics Platform and the information exchange platform Intel Exchange. The Analytics Platform provides data and analysis through various features such as physical pages, token pages, network visualization, and instant alerts. These features allow users to gain a deep understanding of individuals, companies, and other entities, displaying their current and historical portfolio holdings, transaction history, profit and loss records, and major trading partners. It also reflects the situation of entity relationships and fund flows, allowing users to grasp the complex connections within the encrypted ecosystem.
Arkham Intel Exchange provides buying and selling services for address labels and other intelligence information. It allows users to post bounties by locking ARKM in a bounty contract to seek specific intelligence. It also encourages users to submit intelligence for training Arkham's proprietary artificial intelligence engine Ultra through the DATA program and issue rewards for their contributions.
Rewarder
A bounty holder refers to an individual or organization that posts a bounty on Arkham Intel Exchange. The bounty holder can set the amount and validity period of the bounty, and describe the required intelligence content. For example, they may need the identity of the owner of a cryptocurrency wallet address or need to know the activity trajectory of an entity on the blockchain. The bounty holder needs to lock up a certain amount of funds as a guarantee for the bounty.
Bounty hunter
Bounty hunters refer to individuals or organizations who complete bounty tasks. They can obtain the required intelligence content by conducting various investigations and research on the blockchain, and communicate with the bounty hunter. Bounty hunters need to submit the obtained intelligence content to the exchange and obtain the bounty reward after review.
Intelligence businessperson
Intelligence merchants refer to individuals or organizations that sell intelligence on Arkham Intel Exchange. They can publish their intelligence content to the exchange and set a price. Other users can purchase this intelligence content and obtain the necessary permissions. Intelligence merchants can profit by selling intelligence.
Intelligence collectors
Intelligence collectors refer to individuals or organizations that collect intelligence on Arkham Intel Exchange. They can collect various information and data on the blockchain through various means, such as crawlers, Data Analysis, etc., and organize and publish them on the exchange. Other users can view these intelligence contents and pay a certain fee to obtain the required permissions. Intelligence collectors can profit from selling intelligence contents.
III. Core advantages of Arkham
Arkham Intelligence has developed a proprietary artificial intelligence algorithm address matching engine called Ultra, which can extract intelligence from today's vast active network. The technology manages on-chain and off-chain data from multiple sources (and chains), and links blockchain addresses to real-world entities, providing a complete picture of entities using cryptocurrency and their activities.
Functions and features of Arkham Intel Exchange:
- Decentralized Intelligence Marketplace : Exchanges operate in a decentralized model, 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 a bounty on the exchange, specifying the information they need and the amount of ARKM they are willing to pay. Other users can then fulfill these requests to earn the bounty. The system incentivizes the collection and sharing of targeted intelligence.
- Intelligence Auction : Users with valuable encrypted intelligence can auction it to the highest bidder. This feature enables individuals with unique insights, data or analytics to effectively monetize their knowledge.
- Intel-to-Earn Model : The exchange has introduced an Intel-to-earn model to reward users for their contributions to the ecosystem. Whether by fulfilling bounty requests or participating in auctions, contributors can earn ARKM tokens, encouraging active participation and continuous growth of the platform 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 the terms are executed programmatically and cannot be tampered with.
- Exclusive Access Period : Purchased intelligence is initially for exclusive use by the buyer for a predetermined period of time, after which it may be publicly available on the Arkham platform. This exclusivity period allows buyers to maximize the value of the intelligence they receive.
Arkham team and financing information
Arkham was founded by Miguel Morel in 2020. He is also one of the co-founders of the algorithmic stablecoin project Reserve Protocol and currently serves as the CEO of Arkham.
According to the introduction on Arkham's official website, they have raised over $12 million in Series A financing. Investors include Joe Lonsdale, co-founder of Palantir and anonymous founder of OpenAI, which created the 2023 artificial intelligence frenzy product ChatGPT, Geoff Lewis, founder of Bedrock, and Tim Draper, founder of Draper Fisher Jurvetson, among other industry elites.
V. Arkm Token Economics
As Arkham's ecological token, the total supply of $ARKM token is 1,000,000,000 ARKM, the initial circulation supply, which is 15% of the total token supply.
Functions of ARKM Token: - Intelligence Trading: ARKM tokens are used to buy and sell cryptocurrency-related intelligence on Arkham Intel Exchange. Users can use ARKM to post intelligence rewards or buy intelligence shared by others.
- Incentive Mechanism: The Arkham ecosystem encourages users to share valuable intelligence through an intel-to-earn model. Users receive ARKM tokens as rewards by providing intelligence, completing bounty tasks, or selling intelligence in intelligence auctions.
- Governance: ARKM token holders may participate in the governance decisions of the platform, such as voting on platform updates, intelligence verification standards, and bounty policies.
- Transaction Fees: When trading on Arkham Intel Exchange, ARKM tokens may be used to pay related fees, including but not limited to bounty publishing fees, transaction fees, or other possible platform service fees.
The allocation method is as follows:
National 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)
Reward: 5% (50,000,000 ARKM)