Arkham (ARKM) is a blockchain analytics platform that provides a decentralized marketplace for buying and selling on-chain intelligence, including entity labels, hacker tracing data, and curated data feeds. The platform utilizes AI to deanonymize blockchain transactions, offering insights into individuals and businesses involved in such activities. ARKM is the native token used for staking, incentivizing, trading, and intel-to-earn activities within the ecosystem.
Arkham (ARKM) is a blockchain analysis tool powered by AI that provides insights into on-chain data for various networks. The native utility token, ARKM, has several key functionalities:
Intel Exchange: ARKM is used in the Arkham Intel Exchange, a decentralized marketplace where users can buy and sell valuable information such as entity labels, hacker tracing data, and curated data feeds. This exchange operates through audited smart contracts, ensuring security and transparency.
Staking: ARKM is used for staking to place bounties for specific intelligence. Buyers stake ARKM as the initial bounty, and others can add to it, increasing its value and the incentive for bounty hunters.
Intel-to-Earn: ARKM is earned by participants, known as sleuths, who submit valuable intelligence used to train the AI algorithm, Ultra. This enhances the overall data quality and reinforces the collaborative spirit of the Arkham ecosystem.
Incentivization: ARKM empowers a system of incentives aimed at fostering platform adoption and promoting long-term growth. This includes rewards for contributing positively to the ecosystem and discounts on platform transactions when using or holding ARKM.
Governance: ARKM serves as the governance token for the Arkham Intel Exchange, enabling users to participate in decision-making processes.
Rewards and Discounts: ARKM is used to incentivize users through rewards and discounts, creating a positive feedback loop that drives the platform's sustainable development.
Overall, ARKM plays a central role in facilitating the various functions of the Arkham Intelligence platform, from trading and staking to intel-to-earn and incentivization.
To store Arkham (ARKM) tokens, you can follow these steps:
Choose a Wallet: Select a reliable and secure wallet that supports ARKM tokens. Some popular options include wallets from KuCoin, Bitcompare, and MyEtherWallet (MEW) with Enkrypt.
Set Up Your Wallet: Create and set up your chosen wallet, ensuring it is secure and accessible.
Transfer ARKM Tokens: Transfer your ARKM tokens to your chosen wallet. This will ensure that you have full control over your tokens and can manage them securely.
- Store Safely: Store your wallet securely, using strong passwords and two-factor authentication to protect your ARKM tokens from unauthorized access.
By following these steps, you can safely store your Arkham (ARKM) tokens and manage them effectively.
To buy Arkham (ARKM) tokens, follow these steps:
Choose a Crypto Exchange:
- Select a reputable cryptocurrency exchange that supports ARKM, such as MEXC, KuCoin, Binance, CoinEx, Kraken, Bybit, or gate.io.
Create an Account:
- Register for a free account on the chosen exchange's website or mobile app. Provide necessary personal information, including your name and email address.
Verify Your Account:
- Complete the Know-Your-Customer (KYC) process to increase withdrawal limits and unlock additional features.
Add a Payment Method:
- Choose a payment method, such as:
- Credit/Debit Card (Visa, Mastercard)
- Bank Deposit (SWIFT)
- Peer-to-Peer (P2P) Trading
- Third-Party Payment Services (Simplex, Banxa, Mercuryo).
- Choose a payment method, such as:
Buy ARKM:
- Navigate to the exchange's "Buy Crypto" or "Spot Market" section.
- Select ARKM as the cryptocurrency to buy.
- Choose the payment method and specify the amount to purchase.
- Confirm the order and complete the transaction.
Store or Use Your ARKM:
- Once purchased, you can hold ARKM in your exchange account or transfer it to a personal cryptocurrency wallet.
- You can also trade ARKM for other cryptocurrencies or stake it for passive income.
Remember to research the exchange's fees, security features, and supported currencies before making a purchase.