For the 32nd iteration of its launchpad, Binance welcomes the on-chain analysis platform Arkham Intelligence and its new ARKM token. Starting tomorrow, Tuesday July 11, Binance users will be able to start immobilizing their BNB tokens in order to obtain an allocation of ARKM tokens for the distribution that will take place on July 18.
Arkham (ARKM) is coming to Binance Launchpad
Today, Binance announced the imminent launch of the 32nd edition of its launchpad, who will this time 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 immobilize their tokens for a period of 6 days, starting tomorrow Tuesday, July 11.
At the end of this period, Binance will allocate an allocation of ARKM tokens to participants based on the average of BNB tokens immobilized on its platform each day. If you are unfamiliar with the launchpad system and would like to participate, we invite you to take a look at our dedicated Binance Launchpad tutorial.
Here are the details of the ARKM token sale on the Binance Launchpad:
- Amount of ARKM tokens allocated to Binance Launchpad : $2,500,000;
- Limit per user : 15,000 dollars (300,000 ARKM tokens);
- Total supply of ARKM tokens : 1,000,000,000;
- Supply assigned to Binance launchpad : 5% (50,000,000 tokens);
- Cost per token on Binance Launchpad : $0.05.
Once the calculation phase is complete, ARKM tokens will automatically be delivered to Binance users via their assigned wallet on the platform.
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What is the Arkham Intelligence Platform?
Popularized during the year 2022 thanks to its many tools, Arkham Intelligence is a free on-chain analysis platform which aims to provide maximum transparency on the blockchain ecosystem and supported by the founders of OpenAi and Palantir. As such, it is possible to find the portfolios of all entities, whether they are known or not, in order to analyze their content and their movements.
Overview of the Binance page on Arkham Intelligence
Beyond wallets, Arkham Intelligence also allows to obtain a lot of information about the tokens of the ecosystemincluding their biggest whales, trades, top charted trade flows, and more.
Page dedicated to the BNB token on Arkham Intelligence
Regarding the ARKM token, it will have many uses. It will notably 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 Intelligenceespecially when sponsoring new users.
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Sources: Binance, Arkham Intelligence
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Maximilien Prue
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