Arkham is a platform for blockchain analysis that leverages artificial intelligence (AI) to make blockchain and on-chain data more transparent by reducing anonymity.
The platform primarily consists of two components: the Analytics Platform and the Intel Exchange. The Analytics Platform provides insights into various entities, covering exchanges, funds, major crypto holders (whales), and tokens. Users can explore portfolio holdings, trace transaction histories, analyze exchange movements, and examine network connections along with other on-chain data analyses. The Intel Exchange enables individuals to trade address labels and other intelligence through bounties, auctions, or the DATA Program.
Arkham employs an internal AI engine that gathers information from diverse sources like public records, social media, web scraping, and user contributions. This data is used to tag addresses and supply entity analytics through ULTRA, the company’s AI technology.
Arkham's platform serves multiple purposes, such as tracking stolen assets, spotting fraudulent activity, confirming counterparties, auditing transactions, and investigating breaches. Arkham asserts that its technology can help curb crypto-related crimes and scams by incentivizing research on the blockchain.
Nevertheless, the platform has sparked privacy concerns within the crypto community. Critics argue that unmasking blockchain identities contradicts core crypto principles of anonymity and resistance to censorship. Arkham, however, defends its approach by stating that it neither collects nor retains personal user data and only delivers publicly available information that can be confirmed on the blockchain.
Who Founded Arkham?
Arkham Intelligence was established by Miguel Morel in 2020. As an experienced entrepreneur in the cryptocurrency sector, Miguel brings a wealth of knowledge regarding the intelligence requirements of decision-makers in government, venture capital, and trading sectors. He is also a backer of several tech startups.
Arkham Intelligence has garnered interest from some of the most notable investors in both the crypto world and beyond. These include an unidentified OpenAI Co-Founder, Joe Lonsdale from Palantir (8VC), Tim Draper from Draper Associates, as well as Wintermute, GSR, and Geoff Lewis from Bedrock. The company has successfully raised over $10 million across two rounds of equity funding and was valued at $150 million in its most recent round.
What Distinguishes Arkham (ARKM)?
Comprehensive Coverage and Multi-Chain Integration: Unlike many platforms that concentrate on specific blockchains or limited data, Arkham seeks to cover the blockchain landscape comprehensively by collecting data from various chains using its exclusive AI system, ULTRA. This feature allows users to gain a broad understanding of the crypto ecosystem.
Entity-Based Intelligence: Arkham aims to provide a full understanding of crypto operations by associating real-world identities with addresses. This approach supports a range of activities, including trading, compliance, research, and portfolio monitoring.
Decentralized Intelligence Market: The Arkham Intel Exchange is a decentralized platform where users can trade crypto intelligence using ARKM, the native token. This unique aspect enables individuals and entities to monetize their insights by setting up bounties and hosting auctions. The exchange acts as a link between buyers and sellers, creating a dynamic community of blockchain investigators and ensuring valuable intelligence is accessible to market players.
How Many Arkham (ARKM) Tokens Are in Circulation?
ARKM is Arkham's native token, with an initial total supply of 1,000,000,000 tokens distributed as follows: 37.3% for Ecosystem Incentives and Grants, 20% for Core Contributors, 17.5% for Investors, 17.2% for the Foundation Treasury, 5% for Binance Launchpad, and 3% for Advisors.
Initially, 15% of the tokens are in circulation, originating from the Binance Launchpad sale and community rewards. Tokens are locked under various vesting schedules ranging from one to seven years.
The ARKM token sale on Binance Launchpad is set for July 17, 2023, offering 50 million ARKM tokens at a price of $0.05 each, aiming to raise $2.5 million.
How is Arkham (ARKM) Secured?
Arkham (ARKM) is an ERC-20 token on the Ethereum blockchain, which is safeguarded by the Proof-of-Stake (PoS) consensus mechanism. Validators must stake 32 ETH to participate in the consensus process and validate transactions.
