The Arkham Project focuses on defining the identity of blockchain technology through a decentralized tokenized financial system to enable secure adoption of the crypto market among other causes.
Cryptocurrency exchange Binance has announced the sale of the 32nd token on its launch platform that includes the Arkham Project (ARKM). According to the advertisement, 5 percent of the total supply of ARKM, which amounts to about 50 million units, has been allocated to the Binance Launchpad. As a result, each user on Binance Launchpad has been capped at 300k ARKM units or about $15k at a price of around $0.05, as the project aims to raise about $2.5m from cryptocurrency traders.
Additional Notes About Selling Arkham Binance Coin
Notably, the sale of the Arkham (ARKM) token on the Binance Launchpad is expected to be subscription-based to reduce opportunities for insider trading. In addition, the sale of ARKM tokens on the Binance Launchpad will be in BNB only. However, a leading centralized exchange has restricted users from many jurisdictions from participating in the ARKM token sale on its launch platform.
Among the countries mentioned by Binance: Belarus, Cuba, the Crimea region, the Democratic Republic of the Congo, Iran, New Zealand, North Korea, South Sudan, Syria, the United States of America and its territories, and Zimbabwe.
Everyone else from the remaining countries can start seeking investment in an early project from July 11th to July 17th, when the preparation period begins. During the preparation period for the ARKM token sale on the Binance Launchpad, user BNB balances will be calculated in hourly snapshots for each day for the past 6 days. The final average daily BNB balance over the past 6 days will determine the maximum amount of BNB that a single user can commit to selling ARKM tokens.
After the onboarding period, users will be required to enter the sign-up stage which will be open for 24 hours to eligible users. BNB assets will be locked to early ARKM users via the Binance Launchpad until the final distribution period.
Project activities
The Arkham Project focuses on defining the identity of blockchain technology through a decentralized tokenized financial system to enable secure adoption of the crypto market among other causes. The sale of the Binance Launchpad ARKM token coincided with the launch of an on-chain intelligence exchange to allow users to trade information regarding blockchain Wallet addresses anonymously, via a smart contract.
Most notably, traders on the Arkham Intel Exchange request blockchain intelligence from the community by offering rewards.
Arkham bounty hunters can then claim the bounty by providing the requested information. In an effort to prevent spam accounts, Arkham has specified that all bounty hunters must participate with a small amount of ARKM tokens, which will be reduced if their requests are not approved.
the next
Let’s talk about cryptocurrencies, Metaverse, NFTs, CeDeFi, and Stocks, and focus on multichain as the future of blockchain technology. Let’s all win!
