In a recent announcement, Binance, one of the leading centralized cryptocurrency exchanges, unveiled its plans to conduct a public token sale for Arkham Token (ARKM) tokens on its Launchpad platform.
This exciting development marks Arkham as the 32nd token sale project to be featured on Binance Launchpad, further solidifying its position as a prominent platform for launching innovative blockchain projects.
— Binance (@binance) July 10, 2023
Arkham Token Sale on Binance Launchpad
The Arkham token sale on Binance Launchpad presents an opportunity for investors and enthusiasts to participate in the growth and development of this cutting-edge blockchain analytics platform.
With a total hard cap of $2.5 million, the token sale will follow a subscription format, allowing users to secure a portion of the allocated ARKM tokens based on their Binance Coin (BNB) balances.
Key Details of the Arkham Token Sale
The Arkham token sale on Binance Launchpad will adhere to specific guidelines and timelines.
Here are some key details:
- Token Supply and Allocation: The total token supply for Arkham is set at 1 billion ARKM tokens. Binance Launchpad has been allocated 50 million tokens, accounting for 5% of the total supply.
- User Cap and Token Allocation: Each user participating in the token sale is capped at $15,000, equivalent to 300,000 ARKM tokens.
- Monitoring Period: Starting from July 11 at 00:00 UTC, Binance will commence a six-day monitoring period to record users’ BNB balances. The final BNB holdings for each user will be calculated as the average of their balances throughout this period.
- Subscription Period: Eligible users will have the opportunity to commit their BNB during the 24-hour subscription period, which begins on July 17. This period allows users to secure their share of the Arkham token allocation.
- Token Allocation and Distribution: On July 18, the final token allocation will be determined, and the corresponding BNB balance will be deducted from each user’s account. Simultaneously, the equivalent number of Arkham tokens will be credited to their respective wallets.
Exploring Arkham: Blockchain Analytics and On-Chain Intelligence
Arkham token, the blockchain analytics platform at the center of this token sale, offers groundbreaking insights into real-world entities and individuals engaged in on-chain cryptocurrency market activities.
By harnessing advanced data analysis techniques, Arkham provides a comprehensive overview of blockchain transactions, enabling users to make informed decisions based on reliable information.
On-Chain Intelligence Exchange
In conjunction with the token sale, Arkham has also unveiled an on-chain intelligence exchange.
This platform allows users to buy and sell data pertaining to the owners of blockchain addresses anonymously.
This groundbreaking feature empowers sleuths and investigators to monetize their skills while meeting the growing demand for on-chain intelligence in a scalable and secure manner.
Token Sale Price and Eligibility
The public sale token price for Arkham has been set at 1 ARKM equal to $0.05.
However, the exact price in BNB will be determined prior to the subscription period.
It is important to note that certain geographical restrictions apply to participation in the token sale.
- Crimea Region
- Democratic Republic of Congo
- New Zealand
- North Korea
- South Sudan
- United States of America
- and its territories are not eligible to take part in the sale, as specified by Binance.
The Arkham token sale on Binance Launchpad represents a significant milestone for the blockchain analytics industry.
With Binance’s support and the innovative features offered by Arkham, this token sale provides an opportunity for investors to participate in the future of blockchain intelligence.
As Arkham continues to revolutionize blockchain analytics and on-chain intelligence, the token sale serves as a crucial stepping stone toward widespread adoption and utilization of these cutting-edge technologies.