Understanding Binance’s Launchpool Project Arkham and What is Intel-to-Earn?

Understanding Binance's Launchpool Project Arkham and Intel-to-Earn Binance's Launchpool platform has launched a new project called Arkham, which introduces a new concept known as Intel-to-Earn to the DeFi space. Intel-to-Earn is a new way of earning rewards by contributing knowledge and skills to the network. Users can earn rewards by proposing new ideas, participating in discussions, or providing feedback on existing ideas. This new concept incentivizes community engagement and encourages the growth of the network by leveraging the knowledge and skills of its community members.

Binance is about to launch its 32nd Launchpad project, Arkham, which is a cryptocurrency intelligence platform designed to derive valuable conclusions and insights by analyzing on-chain transaction data. Loopy Lu, author of Planet Daily, analyzes Arkham’s Intel to Earn mechanism, use cases, token, and other fundamental information.

Arkham is positioning itself as the “world’s first on-chain intelligence exchange”. The main feature of this product is the circulation and trading of on-chain information, and Arkham provides users with a marketplace called Arkham Intel Exchange. On one hand, users can request information from the community by offering bounties on this marketplace. On the other hand, bounty hunters can submit the requested information to receive rewards. This will allow the work of on-chain detectives to be monetized on a large scale, which is called “intel-to-earn”. Arkham Intel Exchange will be launched on July 18.

For users who do not want to participate in the buying and selling of intelligence, they can also obtain some valuable information from the community. In the intelligence marketplace, any intelligence will be exclusively held by the buyer for 90 days, but will then be made public to all users. In addition to intelligence bounties, users can also trade various types of entity tags. This data and analysis can be viewed through Arkham’s Profiler feature, which is one of the core features of the Arkham platform, providing a comprehensive view of the activities of entities or addresses.

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ARKM has a total supply of 1 billion tokens, with token allocation as follows: Treasury 50%; investors 20%; team 20%; liquidity providers 5%; rewards 5%. All investor and team tokens will be linearly unlocked over 3 years, 1 year after issuance. Treasury tokens are locked by default, and the release of Treasury tokens will be announced at least 1 month in advance.

Reference: https://www.odaily.news/post/5188300

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