For the 32nd iteration of its launchpad, Binance welcomes on-chain analytics platform Arkham Intelligence and its new ARKM token. From tomorrow, Tuesday 11 July, Binance users will be able to start immobilising their BNB tokens in order to obtain an allocation of ARKM tokens for the distribution that will take place on 18 July.
Arkham (ARKM) is coming to the Binance Launchpad
Today, Binance announced the imminent launch of the 32nd edition of its launchpad, which this time will see the Arkham Intelligence platform in the spotlight with its ARKM token:
Introducing the @ArkhamIntel $ARKM token sale on Binance Launchpad!
➡️ https://t.co/OXltqaCuel pic.twitter.com/XJjRcPVyJP
– Binance (@binance) July 10, 2023
As with every sale on its launchpad, Binance will ask its users to stack their BNB (the platform’s native token) in order to obtain ARKM tokens via a pro-rata system. For this edition, BNB holders wishing to acquire ARKM tokens will have to immobilise their tokens for a period of 6 days, starting tomorrow, Tuesday 11 July.
At the end of this period, Binance will allocate ARKM tokens to participants on the basis of the average number of BNB tokens immobilised each day on its platform. If you are not familiar with the launchpad system and would like to participate, please take a look at our tutorial dedicated to the Binance Launchpad.
Here are the details of the sale of ARKM tokens on Binance Launchpad:
- Amount of ARKM tokens allocated to Binance Launchpad: $2,500,000 ;
- Limit per user: $15,000 (300,000 ARKM tokens);
- Total ARKM tokens removed: 1,000,000,000 ;
- Supply allocated to Binance launchpad: 5% (50,000,000 tokens);
- Cost per token on Binance Launchpad: $0.05.
Once the calculation phase is complete, the ARKM tokens will be automatically sent to Binance users via their allocated wallets on the platform
What is the Arkham Intelligence platform?
Popularised during 2022 thanks to its numerous tools, Arkham Intelligence is a free on-chain analysis platform that aims to provide maximum transparency on the blockchain ecosystem and is backed by the founders of OpenAi and Palantir. As such, it is possible to find the portfolios of all entities, whether known or unknown, in order to analyse their content and movements.
Overview of the Binance page on Arkham Intelligence
In addition to wallets, Arkham Intelligence also provides a wealth of information on tokens in the ecosystem, including their largest whales, transactions, the main exchange flows mapped, and much more.
Page dedicated to the BNB token on Arkham Intelligence
The ARKM token will have many uses. In particular, it will serve as a governance token to guide the future of Arkham Intelligence and as an exchange token for the Arkham Intel Exchange, a marketplace dedicated to the exchange of on-chain intelligence recently announced by the platform.
Finally, the ARKM token will also be used as a reward for individuals who participate in the growth of Arkham Intelligence, particularly when they sponsor new users.
