What is Arkham Crypto? Arkham is a blockchain analytics platform utilizing AI to simplify the interpretation of on-chain transactions. Central to its functionality is the ARKM token, which is integral for both governance and community incentives. This piece will provide insights into how Arkham and the ARKM token are advancing blockchain analysis services.
Key Takeaways
Arkham Intelligence implements AI-driven tools like Ultra and Profiler to link blockchain transactions to identities, providing in-depth insights to users, and labels millions of addresses to improve blockchain transparency.
The native ARKM token is integral to Arkham Intelligence, acting as both a utility and governance token that incentivizes user contributions and powers the platform’s intel-to-earn economy, with a total supply of one billion tokens.
While Arkham Intelligence has gained notable financial backing and integrated with various blockchain networks to extend its analytical services, it has faced privacy controversies due to its approach to deanonymizing transactions and experienced security lapses.
What is Arkham?
Stepping into the crypto frontier, Arkham Intelligence stands tall with its mission to:
Analyze and deanonymize blockchain transactions systematically
Make on-chain data more accessible and transparent for users
Bring clarity, insight, and transparency into the blockchain space
Leave no stone unturned in revealing the blockchain activity of individual users or companies.
Utilizing AI technology, Arkham operates as a blockchain analysis platform, emphasizing entity-based intelligence. By focusing on user-centric analyses over network-centric ones, Arkham caters to the demands of the crypto space. The platform has made significant strides in improving blockchain transparency, labeling over 40 million addresses with more than 50 million tags on the Optimism network.
Arkham's Innovative Thesis
Arkham envisions a future where crypto-based technologies, including crypto transactions, are integral to the global financial system, akin to the ubiquity of software like Excel. The platform caters to a wide range of users, providing unique intelligence on crypto markets by linking on-chain identities with real-world identities, thus delivering actionable insights.
Betting big on the decentralization of access to crypto data, Arkham believes that it should be widely adopted and integrated as a standard part of financial analyses. They posit that the future market for crypto intelligence could be valued at more than $30 billion annually, with entity-based intelligence as a key player in redefining crypto data analysis.
By mapping the entire blockchain, Arkham aims to alleviate common crypto market concerns such as fear, uncertainty, and doubt, setting a new standard for crypto tools.
Arkham's Cutting-Edge Crypto Tools
With its user-friendly web-based application, Arkham’s platform offers interfaces that resemble traditional stock analysis platforms. It integrates customizable dashboards that display real-time data on transactions across different networks, making crypto data analysis a breeze for its users.
The platform houses advanced features such as:
Tracer for chronological fund-flow tracking
Alerter for instant alerts
Oracle AI chat for analyzing blockchain data with text prompts
Visualizer for creating transaction mind maps
Ultra AI system for transforming blockchain data into records of entities conducting operations, such as investing and DeFi
These crypto intelligence tools come together to provide a holistic view of the crypto market, enabling crypto users to make better informed decisions.
ARKM Token: The Fuel Behind Arkham Intelligence
Nestled at the heart of Arkham Intelligence lies the ARKM token. This native cryptocurrency serves as the currency within the intel-to-earn economy on the Arkham platform. It fuels the engine of this innovative crypto project, playing a significant role in its governance and incentive system.
Holding the ARKM token grants users the ability to:
Participate in governance, influencing operational and strategic decisions on the platform
Motivate and reward users’ contributions through the incentive system of Arkham Intelligence
Drive the thriving Arkham ecosystem, supported by the arkham foundation treasury
The Arkham token isn’t just a digital asset; it’s the driving force that keeps the Arkham ecosystem thriving. By exploring token pages, users can learn more about the Arkham token and its various applications.
Tokenomics of ARKM
Diving deeper into the world of ARKM tokens, let’s discuss their tokenomics. The total supply of ARKM tokens is set at one billion, with an initial circulating supply of 405.85M tokens.
The distribution of ARKM tokens is meticulously planned, with 37.3% allocated for ecosystem and community incentives, 20% for core contributors, 17.5% for investors, 17.2% within the foundation treasury, and smaller allocations for Bybit Launchpad and advisors. The vesting schedule includes a 1-year cliff, followed by a linear unlock over 3 years for core contributors and investors, while advisors follow the same one-year cliff with all their tokens currently locked.
The foundation treasury’s tokens are unlocking linearly over 7 years, Bybit Launchpad tokens were fully vested at the token generation event, and ecosystem tokens have a 5-year linear unlock.
ARKM Price Movements and Predictions
Tracking the price movements of ARKM, it recorded its all-time high on Mar 10, 2024, and its all-time low approximately five months prior on Mar 10, 2024. The token is actively traded across multiple exchanges such as Bybit and has a market capitalization of $233.89M.
Short-term price predictions for ARKM are based on historical data and current market conditions, while long-term forecasts consider the token’s utility and adoption within the cryptocurrency market. As the platform gains users, predictions suggest increased stability for the ARKM’s price, making it a potential contender in the crypto markets.
Arkham's Impact on the Crypto Ecosystem
Arkham Intelligence’s impact on the crypto ecosystem extends far beyond its innovative approach to blockchain analysis. The platform has garnered financial support from noteworthy entities such as Palantir co founder Joe Lonsdale and OpenAI, as well as venture capitalists like Geoff Lewis at Bedrock and Tim Draper.
A part of the ARKM tokens is strategically reserved for expanding the network through user incentives and fostering strategic partnerships. Collaborations with blockchain platforms such as Optimism demonstrate Arkham Intelligence’s commitment to integrating financial worlds, both traditional and digital, thus contributing significantly to the evolving crypto landscape.
Integration with Prominent Blockchain Networks
Arkham Intelligence has integrated with a host of blockchain networks, including:
Bitcoin
Ethereum
Arbitrum
Optimism
Avalanche
BNB Chain
Polygon
Tron
This multi-chain integration enhances Arkham’s capabilities to track and analyze transactions, wallets, and smart contracts across multiple platforms.
Strategic partnerships with platforms like Base provide in-depth on-chain analysis designed to enhance decision-making for Base’s userbase. The recent collaboration with BNB Chain expands Arkham’s support for blockchain analytics. These integrations allow Arkham to deliver comprehensive data analysis, offering users insights into a vast range of on-chain activities.
Crypto Analytics and Arkham's AI-Powered Solutions
Arkham’s AI-powered solutions are at the forefront of crypto analytics. Designed to provide sophisticated data and analysis, the platform caters to the demands of traders, journalists, and government agencies in the complex crypto market.
Arkham Intelligence offers deep insights into blockchain activities to manage volatility and complexity. The platform serves various use cases such as:
Tracking stolen funds
Identifying fraudsters
Verifying counterparties
Auditing transactions
These services are essential for navigating the DeFi ecosystem and addressing challenges such as data volume, complexity, and pseudonymity in the cryptocurrency landscape.
Ultra and Profiler: Arkham's Advanced Analytical Tools
Ultra and Profiler are Arkham’s proprietary AI-powered analytical tools. Ultra is an algorithmic address matching engine that links blockchain addresses to entities to illustrate a complete picture of their behavior. With Ultra, Arkham has indexed a substantial number of entity pages, aiding in the creation of an extensive overview of entities’ crypto activities.
Profiler, on the other hand, provides a real-time view into the portfolios, historical performances, counterparties, and transactions of entities. This tool aids in actively tracking an entity’s current and historical holdings, financial history, and exchange usage patterns. The information Profiler delivers enhances users’ ability to understand and analyze blockchain data effectively, providing insights into the on-chain behavior of entities.
Arkham Intel Exchange: Connecting Buyers and Sellers of Crypto Intelligence
The Arkham Intel Exchange is a dedicated scope of the platform for trading on-chain intelligence within the crypto intelligence economy. It serves as the first on-chain intelligence marketplace, distinguishing the ‘who’ behind transactions, and connecting buyers and sellers to sell crypto intelligence.
ARKM tokens function as the settlement currency within the Intel Exchange, being utilized for transaction processes akin to NFT marketplaces, to lock in bounties for requested data, and for smart contracts that enhance transaction transparency. Users can earn ARKM tokens by contributing valuable intelligence to the platform or through the Decentralized AI Training Accelerator (DATA) Program, promoting an ‘intel-to-earn’ model.
Controversies and Concerns Surrounding Arkham's Technology
With great innovation comes great scrutiny. Arkham Intelligence’s mission to deanonymize blockchain entities has raised significant privacy concerns, viewed as compromising the anonymity and censorship-resistance principles of the blockchain community. A security lapse in Arkham’s referral system inadvertently led to the exposure of users’ email addresses, further aggravating privacy concerns.
Technical concerns also exist around the accuracy of Arkham’s software, with the potential for misidentifying individuals and falsely attributing blockchain activities to them. The integrity of user-submitted intel on Arkham’s platform is under scrutiny due to perceived opacity in their verification processes. Despite these concerns, Arkham’s CEO has acknowledged the raised privacy issues and stressed the company’s efforts to improve security measures in response to the community’s feedback, including the implementation of Arkham improvement proposals.
How to Acquire ARKM Tokens
Acquiring ARKM tokens is a straightforward process. Users can buy ARKM tokens on Bybit by following these steps:
Create and verify an account on the Bybit platform.
Choose a payment method, such as direct purchases with a debit or credit card, Google Pay, or Apple Pay.
Purchase ARKM tokens.
Store the ARKM tokens in a personal wallet or within the Bybit account.
Utilize the ARKM tokens for trading or staking on Bybit Earn.
ARKM tokens can also be acquired through decentralized exchanges like Moralis Money by connecting a personal wallet and swapping USDT for ARKM tokens. For better compatibility and stable transactions, Bybit suggests purchasing stablecoins like USDT first, which can then be used to buy ARKM tokens.
Summary
In conclusion, Arkham Intelligence and its ARKM token are transforming the crypto space with their innovative approach to blockchain analysis. Through AI-powered tools and an intel-to-earn model, Arkham is reshaping how we view and interact with the crypto market. While controversies surround its technology, Arkham is actively addressing these issues, demonstrating its commitment to transparency and user privacy. As we navigate this dynamic crypto landscape, Arkham Intelligence undoubtedly continues to be a beacon of innovation.
Frequently Asked Questions
How much is the Arkham token worth today?
The Arkham token is currently worth $0.57631, with a market cap of $233.89M. It has experienced a {{marketCapChangePercentage24h} increase over the last 24 hours.
Is Arkham coin good investment?
Yes, historical data shows that it is currently profitable to invest in Arkham coin.
What is Arkham used for?
Arkham is an intelligence platform designed to analyze and deanonymize blockchain transactions, using the official token ARKM for staking, incentivizing, trading, and intelligence acquisition. It aims to simplify blockchain data and link pseudonymous addresses to real-world identities.
What exchange is Arkham coin on?
Arkham coin is available for trading on cryptocurrency exchanges such as Bybit, and more. It is recommended to check the current availability on the crypto exchanges page for the most accurate information.
What is the main goal of Arkham Intelligence?
The main goal of Arkham Intelligence is to analyze and deanonymize blockchain transactions, aiming to bring clarity and transparency to the blockchain space.
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