On-chain data provider Arkham Intelligence has launched a bounty marketplace called the Arkham Intel Exchange, which will allow users to buy or sell on-chain cryptocurrency data.
On the Exchange, Users Can Post "Bounties" for Information That Is in Demand
On the exchange, users can post "bounties" for information that is in demand, which blockchain researchers and sleuths can then offer in exchange for the pledged bounty.
Although some privacy activists have expressed concerns regarding this "dox-to-earn" model, Arkham seeks to encourage on-chain research to stop the spread of cryptocurrency attacks, with a record $3B lost to DeFi hacks last year.
Arkham has raised over $10 million through two rounds of equity funding. Of the token supply, 5% will be used for the token sale, 20% will go to key contributors, and the remaining tokens will be distributed to investors and the foundation treasury. Additionally, Arkham intends to airdrop early adopters of the data intelligence dashboard ARKM tokens.