The newly introduced Arkham Intel Exchange aims to facilitate the convergence of buyers and sellers of valuable blockchain data associated with any cryptocurrency wallet through a bounty mechanism. According to the team, the platform allows users to post bounties seeking on-chain information by locking funds to request details about crypto addresses or entities. These bounties can then be fulfilled by “bounty hunters,” who are blockchain researchers or sleuths, in exchange for payment.
The blockchain analytics company aims to connect buyers and sellers of valuable blockchain data through a bounty mechanism
The company asserts that the decision to launch this innovative solution stems from a desire to simplify the lives of crypto traders, investors, journalists, researchers, and other individuals who require comprehensive, clear, and accurate on-chain data. Arkham recognizes that many individuals lack the time and expertise necessary to develop proficiency in blockchain analysis.
However, the project has received criticism from some observers who raise concerns about a potential breach of people’s privacy. Despite this, Arkham remains steadfast in its commitment to providing a platform that enables the exchange of blockchain intelligence.
Announcing The World’s First On-Chain Intelligence Exchange
Buy and sell information on the owner of any blockchain wallet address—anonymously, via smart contract. pic.twitter.com/4xr7dLvOjp
— Arkham (@ArkhamIntel) July 10, 2023
As part of the launch, Arkham plans to offer a maximum of $2,500,000 worth of ARKM tokens to users of the platform. Buyers will be restricted to purchasing a maximum of 300,000 ARKM tokens, equivalent to $15,000.
To facilitate the token sale, Arkham has chosen Binance Launchpad as the platform for its native ARKM token. Binance Launchpad will commence taking snapshots of users’ BNB balances starting from July 11, with the subscription period set to open on July 17.
With the launch of the Intel Exchange, Arkham Intelligence aims to provide a platform that empowers web3 sleuths and researchers to monetize their skills while offering a convenient marketplace for buyers and sellers of valuable blockchain data. Despite concerns from critics regarding privacy, the company remains committed to providing comprehensive, clear, and accurate on-chain data for individuals in need.