CoinMarketCap walks you through how to use Arkham Intel, a platform that makes it easier for crypto enthusiasts to track on-chain activity of various blockchain entities.
Arkham aims to improve transparency and level the playing field among cryptocurrency traders and enthusiasts by allowing them to tap into the data that was previously reserved for blockchain analysts and hobbyist sleuths.
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Main Features of Arkham Intel
It is able to automatically match on-chain addresses to real-world identities via its proprietary AI address-matching engine known as ULTRA.
The platform provides a huge range of data analytics that traders can use for a variety of purposes. Via the Arkham analytics platform, users can browse a range of data points related to literally thousands of blockchain entities, including individuals, companies, tokens, institutions and prominent addresses.
The type of data displayed depends on the type of entity, but includes the following:
- Tokens: Highest inflow and outflow, price history, top holders, recent transactions and on-chain exchange flow.
- Entities and Arkham Addresses: Portfolio, holdings by chain, portfolio archive, balance history, profit & loss, exchange usage, recent transactions, etc.
In July, Arkham announced it would be expanding its product lineup to include the "world's first" on-chain intelligence exchange.
Users can also sell data they’ve already gathered on the marketplace in exchange for ARKM tokens.
Any data bought via the Intel Exchange is held exclusively by the acquirer for 90 days, after which it is made available to Arkham users for free.
The platform also features a powerful alerts tool, which allows users to automatically track on-chain activity like transfers between specific entities — receiving an alert by email or Telegram message when an event is detected.
How To Use Arkham
Despite its broad range of capabilities, Arkham is actually relatively simple to navigate and use. The platform allows users to create their own dashboards which can be used to easily spot and track on-chain data.
The platform has already indexed thousands of public and pseudonymous entities, including well-known VC funds, angel investors, prolific traders and exchanges, allowing users to track a variety of data points related to these entities or enter the address of a custom entity to track its on-chain activity.
Here’s how to use the platform:
Step 1: Search for the entity you want to track from the available list or enter the address you want to analyze.
This can include wallet addresses, token contracts and exchanges. In our example, we’ll track Jump Trading’s public portfolio.
Step 2: Arkham will load up a dashboard illustrating a range of data points.
This includes the entities' current holdings, recent transactions, balance history and profit/loss record.
Step 3: From here, you can browse the different data points or use the available refinement tools to narrow down the results.
For example, you can filter the recent transactions to include those above a minimum size (for finding potentially attractive investment opportunities).
Step 4: Once you’ve found an entity that you’d like to keep track of, you can then set alerts to automate the tracking process.
Or you can begin creating your dashboard — this is a customized interface showing only the information you’re most interested in.
You can do this by clicking the ‘Track’ button in the top right corner.
Step 5: Once added, you’ll find the entity is now tracked in your dashboard.
You can add additional entities to track using the ‘Add’ button.
Or you can create a new dashboard using the ‘New Dashboard’ button. This will allow you to segregate your data sources, allowing you to control which data you see and when.
Here, we created three dashboards for different purposes.
Step 6: You can compose each dashboard with a range of units.
After selecting the unit(s) that you wish to use, you’ll be able to search from a range of entities (by name or address). After adding these to your dashboard, you’ll then find the related data point tracked in that dashboard — e.g. if you select the portfolio unit, that dashboard will track the portfolio of the selected entity.
You can also create custom text boxes, line charts, pie charts and statistics to further simplify the information presented. Note that a single dashboard can contain multiple unit types.
Step 7: After creating your dashboard, you can click on (...) within each unit to modify its size, making the dashboard more intuitive and space efficient.
What Is the Arkham Token (ARKM)?
According to the official announcement, the ARKM token will serve as the primary currency of the Arkham Intel exchange, facilitating trades for crypto intelligence data. It’ll also enable the community governance of the Arkham Intel exchange — allowing token holders to help determine how it evolves and operates.
Users will be able to earn ARKM rewards for submitting intelligence and helping to grow the Arkham ecosystem. The release of the token into circulation will be balanced by purchases made in ARKM as well as exchange fees.
In total, 15% of the total supply (equivalent to 150 million ARKM) will be released after listing. The remainder of the supply will be released over the next 7 years.
How To Buy Arkham (ARKM) on Binance Launchpad?
Users will be able to participate in the ARKM token sale until July 18, 2023.
Here’s how it works:
Following this, Binance will open subscriptions for the Arkham token sale for 24 hours between July 17, 2023 (00:00 UTC) and July 18, 2023 (00:00 UTC). All eligible users will then be able to subscribe to the sale by signing the token purchase agreement and committing their BNB.
Once the subscription period ends, Binance will calculate how much ARKM each participant is able to purchase and deduct their purchase amount from the BNB committed. Users will then receive their ARKM and any remaining BNB tokens back to their Binance spot wallet.
From here, the ARKM token can be held, traded or withdrawn to an external wallet.
Following this, Binance will also list the ARKM token, providing its more than 90 million global users with first access to the token on the primary market.
Once listed, Binance users will also be able to purchase the token on the spot exchange.