Key Takeaways
- Arkham (ARKM) is a crypto intelligence platform that analyzes blockchain data to deanonymize transactions.
- It has a decentralized marketplace called “Intel Exchange,” where users can buy and sell information about crypto addresses and entities.
- ARKM is the platform’s native token for access, governance, and intel marketplace participation.
What Is Arkham (ARKM)?
Arkham (ARKM) is a blockchain analysis platform that aims to bring transparency to the crypto space. It uses advanced technology to analyze and connect blockchain data to real-world entities, “deanonymizing” the blockchain to some extent. This allows users to see who is behind certain transactions and wallets.
How Does Arkham (ARKM) Work?
Arkham is a blockchain analysis platform using artificial intelligence (AI) to deanonymize transactions and improve transparency in the crypto space. Here’s a breakdown of how it works:
Analytics Platform
The platform analyzes data in various blockchains to understand the movement of crypto assets and the entities involved. Arkham also uses a proprietary AI engine, ULTRA, to connect blockchain addresses to real-world identities.
The platform can provide users with on-chain data regarding portfolio holdings, exchange flows, transaction histories, and other analytics on entities, exchanges, funds, and tokens.
Arkham Intel Exchange
The Arkham Intel Exchange functions as a decentralized marketplace for crypto intelligence. Users can buy and sell valuable information using ARKM tokens, including entity labels (e.g., exchange, mixer), tracing data, and curated data feeds. Additionally, transactions are secured by smart contracts, removing the need for a central authority.
The exchange also utilizes two methods for acquiring intel:
- Bounties – Users stake ARKM to request specific intel, incentivizing others to find it.
- Auctions – Users with valuable intel can auction it to the highest bidder.
Arkham (ARKM) Token And Tokenomics
Tokenomics
The ARKM token is Arkham’s native cryptocurrency. It is used for:
- Accessing crypto intelligence services and tools
- Governance
- Staking
Token Details
Total Supply 1,000,000,000 ARKM
Circulating Supply 150,000,000 ARKM
Current Price $2.89
Market Capitalization $433,529,326
This information is current as of March 15th, 2024, and the token’s price, market value, and available supply may fluctuate.
Distribution
- Ecosystem & Community Incentives (37.30%)
- Core Contributors (20.00%)
- Investors (17.50%)
- Foundation Treasury (17.20%)
- Binance Launchpad (5.00%)
- Advisors (3.00%)
Where Can I Buy Arkham (ARKM)?
- Binance – Binance is a major exchange offering a wide range of cryptocurrencies. It offers multiple ways to buy crypto, including credit cards, debit cards, and peer-to-peer (P2P) trading.
- Bybit – This exchange is known for its derivatives and margin trading features, but you can also use the platform for spot trading.
- KuCoin – KuCoin is a smaller exchange known for its competitive fees and support for many cryptocurrencies.
Is Arkham (ARKM) A Good Investment?
Whether Arkham (ARKM) is a good investment depends heavily on your investment goals and risk tolerance. Here’s a quick overview:
Pros:
- Total Coverage and Multi-Chain Integration – Arkham aims to provide a comprehensive view of the blockchain by collecting and aggregating data from various chains, leveraging its proprietary ULTRA AI engine system.
- Entity-Based Intelligence – Arkham aims to provide a holistic understanding of crypto activity by attributing real-world identities to addresses.
- Distributed Intelligence Economy – Arkham has created an “Intel Exchange,” a marketplace where users can buy and sell intelligence reports generated by the ULTRA AI system.
Cons:
- Privacy Concerns – Arkham’s platform has raised privacy concerns among some crypto users and advocates who argue that deanonymizing the blockchain violates the principles of anonymity and censorship resistance that support the crypto movement.
- Maturity – Arkham is a relatively new project, and its platform is still under development.
- Cost – Arkham’s platform is not free to use. Users who want to access the platform’s full range of features must purchase ARKM tokens.
Final Thoughts
In conclusion, Arkham provides users access to valuable tools and encourages an intel-to-earn system. However, the project’s success will depend on the adoption of the Arkham Intelligence platform and the overall status of the cryptocurrency market.
