Binance has announced Arkham (ARKM) as the 32nd project in the Binance Lanchpad. A snaphot of BNB balances will be taken on July 11 to July 17. BNB, the native Binance coin, surged more than 3% to trade at highs of $243.

Binance has added Arkham (ARKM) to the Binance Launchpad, the 32nd project whose token sale the crypto behemoth has supported.

The price of BNB, the native Binance coin, surged more than 3% early Monday to trade at highs of $243.

In a notice published Monday, Binance said the ARKM sale will be by subscription format. A snapshot for BNB balances starts at 00:00 (UTC) on July 11 to July 17, 2023 at 00:00 (UTC).

Wen Launchpad? 😆 https://t.co/IpDpFuwEdH

— CZ 🔶 Binance (@cz_binance) July 10, 2023

The ARKM token sale on the Launchpad will have a hard cap of $2.5 million, with each user limited to 300,000 ARKM or $15,000. Binance Launchpad has been allocated 50 million ARKM tokens, which is about 5% of the total Arkham supply of 1 billion.

The public sale price for ARKM is $0.05.

Today’s news that Arkham is the 32nd Binance Launchpad project coincided with another big announcement from the on-chain analytics platform.

This because Arkham also announced its Arkham Intel Exchange, dubbed the “world’s first on-chain intelligence marketplace.” It is expected to go live on July 18.  

Announcing The World’s First On-Chain Intelligence Exchange

Buy and sell information on the owner of any blockchain wallet address—anonymously, via smart contract. pic.twitter.com/4xr7dLvOjp

— Arkham (@ArkhamIntel) July 10, 2023

Intel Exchange will bring to the marketplace an intel-to-earn economy, allowing for anonymous buying and selling of on-chain intelligence on any crypto wallet address. The new platform will be powered by smart contracts and involve buyers placing bounties for intel.

“Anyone can post a bounty seeking some on-chain information, by locking funds to request information on crypto addresses or entities. These bounties can then be fulfilled by ‘bounty hunters’ – blockchain researchers or sleuths, who will exchange intelligence in return for the payment,” Arkham wrote.

According to the Arkham team, demand for on-chain analysis continues to increase, particularly from traders, investors, researchers, journalists, and protocols.

The post Binance adds Arkham (ARKM) to launchpad appeared first on CoinJournal.

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