Arkham: In this article, we cover a detailed review of Arkham. How does Arkham Crypto work & Are important features?
About Arkham
Arkham: In this article, we cover a detailed review of Arkham. How does Arkham Crypto work & Are important features? Arkham is a blockchain analysis platform that uses artificial intelligence (AI) to deanonymize the blockchain and on-chain data. The platform’s two main components are the Analytics Platform and Intel Exchange. The Analytics Platform covers analytics on various entities, exchanges, funds, whales and tokens.
For instance, you can check the portfolio holdings, transaction history, exchange flows, network relationships and other on-chain analytics. The Intel Exchange allows anyone to buy and sell address labels and other intelligence, either through bounties, auctions or the DATA Program.
They uses an in-house AI engine with various sources of data, such as public records, social media, web scraping and user submissions. The data is used to label addresses and provide entity analytics for ULTRA, the company’s AI algorithm.
The platform can be used for various purposes, such as tracking stolen funds, identifying fraudsters, verifying counterparties, auditing transactions, investigating hacks, and more. Arkham claims that its platform can help combat the proliferation of crypto crimes and scams by incentivizing on-chain research.
However, The platform has also raised privacy concerns among some crypto users and advocates, who argue that deanonymizing the blockchain violates the principles of anonymity and censorship-resistance that underpin the crypto movement. Arkham has defended its platform by saying that it does not collect or store any personal data from users, and that it only provides publicly available information that can be verified on the blockchain.
Arkham Point Table
Coin Basic | Information |
---|---|
Coin Name | Arkham |
Short Name | ARKM |
Max Supply | 1,000,000,000 |
Total Supply | 1,000,000,000 |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Arkham Price Live Data
The live Arkham price today is $0.691403 USD with a 24-hour trading volume of $6,586,933 USD. They update ARKM to USD price in real-time. Arkham is down 7.52% in the last 24 hours. The current CoinMarketCap ranking is #244, with a live market cap of $103,710,498 USD. It has a circulating supply of 150,000,000 ARKM coins and a max. supply of 1,000,000,000 ARKM coins.
Who is the Founder of Arkham?
The Intelligence was founded by Miguel Morel in 2020. Miguel is a veteran entrepreneur in cryptocurrency markets. Miguel’s experience navigating new crypto markets makes him familiar with the intelligence needs of decision makers in government, venture capital, and trading. He is also an investor in a number of technology startups.
The Intelligence has also attracted some of the most prominent investors in the crypto space and beyond. Among them are an undisclosed OpenAI Co-Founder, Palantir Co-Founder Joe Lonsdale (8VC), Tim Draper (Draper Associates), Wintermute, GSR, and Geoff Lewis (Bedrock). The company raised over $10 million in two rounds of equity financing, and was valued at $150 million in its last round.
What Makes Arkham (ARKM) Unique?
Total Coverage and Multi-Chain Integration: Unlike many other platforms that focus on specific blockchains or limited data sources, Arkham aims to provide total coverage of the blockchain by collecting and aggregating data from various chains. This is done leveraging its proprietary AI system, ULTRA. It allows users to analyze and gain insights from a comprehensive view of the crypto ecosystem.
Entity-Based Intelligence: Arkham aims to provide a holistic understanding of crypto activity by attributing real-world identities to addresses. This approach enables a wide range of use cases, including trading, compliance, research and portfolio tracking.
Decentralized Intelligence Economy: The Arkham Intel Exchange is a decentralized marketplace where users can buy and sell crypto intelligence using the native currency, ARKM. This unique feature enables individuals and organizations to monetize their intelligence by offering bounties and conducting auctions. The exchange connects buyers and sellers, fostering a vibrant community of on-chain sleuths and ensuring the availability of valuable intelligence for market participants.
Features
Artificial Intelligence (AI) Integration
This leverages AI algorithms to deanonymize blockchain and on-chain data, as well as perform advanced data processing and pattern recognition capabilities for enhanced analytics.
Analytics Platform
The platform features an expansive Analytics Platform to cover various entities within the blockchain ecosystem. Users can gain access to detailed analyses on exchanges, funds, whales and tokens including features such as portfolio holdings, transaction history, exchange flows and network relationships as well as on-chain analytics.
Portfolio Holdings Analysis
This provides users with the capability to conduct an in-depth examination of portfolio holdings on the blockchain, offering insights into distribution and composition of cryptocurrency holdings – essential information for investment strategies or risk analysis.
Transaction History Tracking
This platform offers tools to track and analyze transaction histories. Users can observe funds flowing between different addresses, identify suspicious activities and uncover patterns or trends in transaction behavior.
Exchange Flows Monitoring
This allows users to track exchange flows within its blockchain. This feature helps understand asset movement between different exchanges and offers valuable insight into market dynamics and liquidity.
Network Relationship Analysis
The platform offers network relationship analysis, which allows users to explore the relationships among various blockchain addresses. This can help users identify clusters of related addresses, trace fund flows and reveal any potential fraud or illicit activities that might exist.
Arkham Intel Exchange:
The Intel Exchange provides users with a marketplace where they can buy and sell address labels related to blockchain technology, bounties, auctions or the DATA Program – creating an ecosystem dedicated to sharing useful knowledge in an affordable manner.
Labeling Addresses on the Blockchain:
The platform enables users to add labels to addresses within the blockchain, which allow for easier categorization by related entities or activities and allow more efficient analysis and tracking of certain addresses or groups of addresses.
DATA Program
The DATA Program encourages users to contribute intelligence and data by offering incentives. Participation allows individuals to share insights that contribute to expanding and maintaining Arkham’s intelligence database.
How Many Arkham (ARKM) Coins Are There in Circulation?
The is the native cryptocurrency with a total initial supply of 1,000,000,000 ARKM tokens, distributed as follows: Ecosystem Incentives and Grants: 37.3%; Core Contributors: 20%; Investors: 17.5%; Foundation Treasury: 17.2%; Binance Launchpad: 5%; Advisors: 3%.
The initial circulating supply is 15%, coming from the Binance Launchpad sale and the community rewards. Tokens are subject to different vesting schedules, ranging from one year to seven years.
The ARKM sale on Binance Launchpad is scheduled for July 17, 2023, with 50 million ARKM tokens offered at a price of $0.05 per token, and will raise $2.5 million.
How Is Arkham (ARKM) Secured?
Arkham (ARKM) is an ERC-20 token issued on the Ethereum blockchain. The blockchain is secured through the Proof-of-Stake (PoS) consensus mechanism. Validators stake 32 ETH to participate in consensus and validating transactions.
Conclusion
Arkham is an impressive blockchain analysis platform powered by artificial intelligence (AI), offering advanced analytics and deanonymizing on-chain and blockchain data. Comprised of two primary components – Analytics Platform and Intel Exchange – Arkham offers users a suite of features designed to facilitate insight and intelligence.
The Analytics Platform encompasses an expansive suite of analytics that allow users to explore entities, exchanges, funds, whales and tokens within the blockchain ecosystem. Users can delve into portfolio holdings, transaction histories, exchange flows, network relationships as well as on-chain analytics allowing for informed decision making, trend detection and detection of suspicious activities.
The Intel Exchange is an innovative marketplace where users can buy and sell address labels and intelligence related to blockchain technologies, like bounties and auctions. Through bounties and auctions and the DATA Program, users are incentivised to contribute valuable information which contributes to expanding and correcting its intelligence database.