Arkham Intelligence Launches Crypto Asset Data Marketplace ── Criticism from Privacy Advocates | CoinDesk JAPAN | Coin Desk Japan

Blockchain analytics firm Arkham Intelligence has launched the Arkham Intel Exchange, a bounty-laden marketplace for buying and selling on-chain cryptocurrency data.

Features de-anonymization

The marketplace features a native token, ARKM, designed to “de-anonymize the blockchain.”

Arkham Intelligence said on Twitter, “De-anonymization is the destiny of the crypto market and we believe the intelligence technology built by Arkham will be the foundation for self-regulation of the crypto economy.”

Selling on Binance Launchpad

ARKM tokens will be issued on the launchpad of major cryptocurrency exchange Binance, and 50 million tokens, representing 5% of the total supply, will be sold. Users will be able to purchase ARKM tokens worth $15,000 (approximately 2,175,000 yen, converted to 145 yen to the dollar) per person in a sale that will run from July 11th to 17th.

Anti-hacking purpose

The Arkham Intel Exchange employs a mechanism that allows users to post “bounties” for data they seek. Blockchain researchers and researchers can procure and provide information in exchange for set bounties.

Record-breaking numbers of cryptocurrency hacks and exploits last year saw billions of dollars worth of digital assets stolen from cross-chain bridges, decentralized finance (DeFi) protocols and exchanges. Stolen. Arkham Intelligence aims to combat the hacking epidemic by encouraging on-chain research, but privacy advocates have raised concerns on Twitter.

Announcing The World’s First On-Chain Intelligence Exchange

Buy and sell information on the owner of any blockchain wallet address—anonymously, via smart contract. pic.twitter.com/4xr7dLvOjp

—Arkham (@ArkhamIntel) July 10, 2023

Sell ​​5% of token supply

Arkham Intelligence has raised more than $10 million in two rounds of funding, with the latest at $150 million, according to the Binance research page. ) was procured. 5% of the token supply will be sold in the token sale, while 20% will be allocated to core contributors, 17.5% to investors and 17.2% to foundation funds.

Arkham Intel Exchange also plans to distribute ARKM tokens to early adopters of its data intelligence dashboard. According to a follow-up tweet, there is also an affiliate system using referral codes.

｜Translation: CoinDeskJAPAN
｜Editing: Rinan Hayashi
｜Image: Shutterstock
| Original: Arkham Intelligence Rolls Out Crypto Data Marketplace; Privacy Advocates Cry Foul