- DeFi researcher Ignas announced an airdrop for Arkham Analytics tool users, bypassing the waiting list.
- Arkham specializes in blockchain intelligence and launched an on-chain marketplace called “intel-to-earn.”
- Users of the platform can create bounties, with multiple participants contributing and earning rewards.
On July 10, DeFi researcher Ignas tweeted about an airdrop for Arkham Analytics tool users. The DeFi expert also shared a referral link to the airdrop which would allow people to skip the waiting list.
10/10 Oh, and the airdrop part?There might be an airdrop for Arkham analytics tool users.You can skip the waiting list with my referral: https://t.co/MJMpIFbcMc— Ignas | DeFi Research (@DefiIgnas) July 10, 2023
Arkham specializes in blockchain intelligence and offers insights into the actual entities and individuals responsible for activities in the crypto market. Recently, the firm announced its first “intel-to-earn” on-chain marketplace.
Ignas reported that the Arkham airdrop is part of a Binance marketing strategy since the exchange declared the $ARKM token sale.
A screenshot of Arkham’s Intel Exchange by Ignas
The DeFi analyst said that Arkham is currently focusing on two trends including the high demand for on-chain analysis by multiple parties, alongside the growing number of talented researchers in need of a platform to monetize their skills. Ignas adds that crypto influencers and experts such as ZachXBT, DeFi Mochi, and The Data Nerd can use the platform to create another income stream.
Furthermore, Ignas explains the bounty mechanism implemented on Arkham’s platform. They clarify:
Post a bounty, lock funds, and ‘bounty hunters’ will provide intel in return for the payment. Bounties can range from locating specific wallets to identifying impersonators, & more.
Ignas further notes that users the intel bought will undergo a 90-day exclusivity period for purchasers before being shared with the broader Arkham community. Additionally, multiple users have the option to contribute to public bounties, which grants them access to the data during the exclusive period.
Arkham’s Exchange Structure
Moving to the topic of $ARKM tokens, Ignas mentioned that the tokens are used to “incentivize and reward on-chain analysis,” on the platform. In the same thread, the DeFi analyst states that participants stake ARKM tokens as rewards for valuable intelligence that is in high demand. The user who successfully submits verified intelligence first becomes the winner and receives the staked tokens as their prize.
Arkham’s Bounty Structure
On the other hand, sellers have the option to auction verified intelligence, and participants can place bids using ARKM tokens. To discourage spam, bounty hunters are required to stake 10 ARKM tokens. Once their intelligence is verified, they can withdraw the bounty after 15 days. However, if they choose to withdraw earlier, a 10% fee will be deducted.
Ignas concludes by touching up on the fees and discounts offered by Arkham. While there is a 2.5% maker fee and a 5% taker fee imposed by the platform, users also have the opportunity to win a 20% discount for transactions made with the native token. Simultaneously, based on the duration and size of the holding, individuals who possess ARKM tokens can enjoy discounts of up to 50%.
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