Swap ARKM at the Best Rate

What is ARKM?

ARKM is an ERC-20 token used to pay for intelligence on the Arkham platform. Arkham's core product matches blockchain addresses to the people and companies behind them, using a machine learning engine the company calls Ultra alongside human research, and exposes the results in a free analytics interface.

The token launched together with the Arkham Intel Exchange, announced on 10 July 2023: a bounty marketplace where anyone can lock funds to request intelligence about an address or entity, and researchers earn by answering. Binance ran the token sale on its Launchpad that month, 50 million ARKM at $0.05.

How ARKM works

On the Intel Exchange, buyers post bounties denominated in ARKM and researchers submit findings; the Arkham Foundation verifies submissions before payment releases. Purchased intelligence stays exclusive to the buyer for 90 days, then joins the public Arkham platform, so paid research eventually widens the shared dataset.

The exchange's smart contracts were audited by Quantstamp before launch. Alongside bounties there are auctions, where researchers sell intelligence they already hold to the highest bidder rather than waiting for a request.

ARKM supply and tokenomics

Total supply is 1,000,000,000 ARKM. At the July 2023 listing, allocations were 37.3% to ecosystem and community incentives, 20% to core contributors, 17.5% to investors, 17.2% to the foundation treasury, 5% to the Binance Launchpad sale and 3% to advisors, with 15% of supply circulating on day one.

Insider tranches were locked for the first year and then release gradually over roughly three more; ecosystem tokens unlock over five years and the foundation treasury over seven, so the full supply reaches circulation about seven years after launch, around 2030.

Who builds ARKM

Arkham was founded in 2020 by Miguel Morel, who previously co-founded Reserve Protocol. Disclosed early backers include Tim Draper, Palantir co-founder Joe Lonsdale, OpenAI's Sam Altman, Bedrock, Wintermute and GSR, and the company reported raising more than $10 million in equity before the token launch, at a $150 million valuation in its latest round.

How ARKM is governed

ARKM is a utility token, not a governance one. Arkham the company decides the platform's rules, from what the analytics engine publishes to how the Intel Exchange operates, and the Arkham Foundation administers the verification of submissions. Holders have no vote over any of it.

What people use ARKM for

ARKM's uses follow the platform's intel-to-earn design, and they sit on both the buying and the selling side of the marketplace it powers:

• Post bounties requesting intelligence on an address or entity.
• Earn ARKM by fulfilling bounties as a researcher.
• Bid in auctions for intelligence researchers offer for sale.
• Receive incentives from Arkham's ecosystem and community programs.

ARKM risks and considerations

Arkham's product cuts against the privacy instincts of much of crypto, and the Intel Exchange drew criticism as dox-to-earn when it was announced in July 2023. The business faces both reputational and regulatory pressure around deanonymization, and platform rules can change by company decision at any time.

Token demand is tied to activity on one company's marketplace, and unlock schedules keep adding supply into about 2030. ARKM grants no claim on Arkham's revenue and no governance rights, so holders are exposed to the platform's choices without influence over them.