What is Arkham (ARKM)? How does it work?

Arkham (ARKM) is a pioneering on-chain analytics platform that leverages artificial intelligence to illuminate the complex world of blockchain. With Arkham, users can easily access and analyze data on entities within the cryptocurrency market, ranging from individuals and companies to large investment funds.

So, how does Arkham operate, and what information can be found on this platform? Join AZCoin as we delve into the details in this article!

What is Arkham (ARKM)?

Arkham, also known as Arkham Intelligence, is an advanced platform specializing in providing insights into the activities of entities in the cryptocurrency market, including individuals, organizations, investment funds, and businesses. Thus, Arkham can be seen as a valuable tool for monitoring and analyzing on-chain data across various blockchains.

Team, investors & partners

Development team

Arkham was developed by a team of experts in blockchain technology and data analytics, notably including:

• Miguel Morel (CEO): An experienced entrepreneur in the cryptocurrency and investment space. His previous projects have garnered support from prominent investors like Peter Thiel, Sam Altman, and Digital Currency Group.
• Henry Fisher (CTO): Before entering the cryptocurrency industry, Henry was a software engineer at Tesla, where he played a crucial role in implementing new features for the company’s ride-sharing system and other aspects of Tesla’s website.

Investors & partners

Arkham announced the successful completion of its Series A funding round on April 17, 2023, raising $12 million from investors such as Coinbase Ventures, Digital Currency Group, Bedrock Capital, and others.

Additionally, the project has established partnerships with major blockchains including BNB Chain, Avalanche, Optimism, Tron and Arbitrum.

How does Arkham work?

Arkham uses its proprietary AI technology, known as Ultra, to collect and aggregate data, creating accurate, reliable, and scalable information sources. Ultra helps Arkham transform raw blockchain transaction data into useful insights, presented in a clear and transparent manner. This allows users to easily track the activities of entities they are interested in, such as exchanges, investment funds, or large individual traders.

Ultra technology operates through three main steps:

• Collection: Identifying and gathering data from relevant on-chain and off-chain sources, ensuring continuous data collection.
• Aggregation: Combining the collected data into a comprehensive information source that can be queried to meet user needs.
• Identification: Using this data to attribute real-world identities to wallet addresses.

For example, Arkham can identify a wallet address belonging to Binance and display complete information and activities related to this wallet.

Arkham Highlights

Arkham stands out with a number of features such as:

• Identifying the real owners of anonymous wallet addresses.
• Tracking transactions of large investors and using historical data to make informed decisions.
• Predicting market trends by tracking blockchain money flows.
• Managing personal investment portfolios.
• Performing due diligence before making important decisions, such as acquiring companies.
• Investigating and tracking illicit money flows through on-chain analysis.

Key features of Arkham

Arkham stands out with some key features like:

• Profile Page: Provides a comprehensive overview of the activities of any entity or wallet address the user wants to check. Users can view detailed information such as investment portfolios, asset balance history, profit and loss (P&L) summaries, asset distribution across exchanges, and a list of top partners.
• Visualizer: Converts raw data into a network map that is more intuitive, clear, and useful. Users can select specific entities or factors to visualize related data, creating detailed and valuable insights.
• Dashboards: Allows users to customize and build personalized dashboards with various on-chain metrics and data. It provides multiple tools and utilities for users to organize and adjust according to their preferences to effectively monitor the behavior of different entities.
• Token Pages: Offers detailed information on the price and transaction data of individual tokens, similar to platforms like CoinMarketCap or CoinGecko. Users can easily search for a project or token symbol via the search bar on the main page and click on the relevant result to access that token’s page.
• Alerts: Enables users to receive notifications about specific transactions via Email or Telegram. To set up alerts, users need to provide details such as the entity or wallet address they wish to monitor, the source of assets in transactions, the destination of assets, and the transaction value in USD.
• Explorer: Provides users with the ability to track and access detailed information about any transaction, including transaction value, source and destination of assets, and the transaction status. The Explorer feature includes:
  • Block Explorer: Allows users to use filtering tools to view a list of transactions related to a specific entity or token.
  • My Entities & Labels: Provides the ability to create and manage personal entities and labels as needed.

Basic information of ARKM token

Specifications of ARKM token

• Token Name: Arkham
• Ticker: ARKM
• Blockchain: Ethereum
• Token Standard: ERC-20
• Contract: 0x6e2a43be0b1d33b726f0ca3b8de60b3482b8b050
• Type: Utility, Governance
• Total Supply: 1,000,000,000 ARKM
• Circulating Supply: 150,000,000 ARKM

ARKM token allocation

• Community Incentives & Grants: 37.30%
• Core Contributors: 20.00%
• Investors: 17.50%
• Foundation Treasury: 17.20%
• Binance Launchpad: 5.00%
• Advisors: 3.00%

What is ARKM token used for?

The ARKM token plays several important roles within the Arkham ecosystem, including:

• Serving as currency on Arkham Intel Exchange for on-chain data transactions.
• Allowing ARKM holders to participate in governance and decision-making processes regarding the development of the Arkham platform.
• Enabling users to earn ARKM rewards by contributing information, referring to new users, and engaging in activities that benefit the growth of Arkham.

Where to buy and sell ARKM tokens?

Currently, ARKM tokens can be traded on the best crypto exchanges such as Binance, Coinbase, and Uniswap. Users can trade ARKM through popular trading pairs like ARKM/USDT, ARKM/ETH, or ARKM/BTC.

Where to store ARKM tokens?

ARKM tokens can be stored in ERC-20 compatible wallets such as MetaMask, Trust Wallet, and Ledger Nano. For secure storage, using hardware wallets like Ledger or Trezor is the best option.

Should you invest in Arkham (ARKM)?

Deciding to invest in Arkham (ARKM) depends on various factors, including the platform’s growth potential and the token’s profitability. Arkham has made a significant impression with its proprietary technology and ecosystem supporting blockchain data analysis, which could present opportunities for investors interested in a rapidly growing field.

However, as with any investment, it is crucial to carefully consider risk factors, such as industry competition and the project’s ability to achieve its goals. Thorough research into investors and partners, as well as evaluating the long-term potential of the project, is essential before making an investment decision.

Conclusion

Arkham (ARKM) is asserting its important role in blockchain data analysis, helping users gain detailed and accurate information. To stay updated with the latest developments and in-depth analysis of cryptocurrency projects, continue following AZCoin for comprehensive insights.