According to the official announcement, the ARKM token will serve as the primary currency of the Arkham Intel exchange, facilitating trades for crypto intelligence data. It’ll also enable the community governance of the Arkham Intel exchange — allowing token holders to help determine how it evolves and operates.
Users will be able to earn ARKM rewards for submitting intelligence and helping to grow the Arkham ecosystem. The release of the token into circulation will be balanced by purchases made in ARKM as well as exchange fees., ARKM has a total initial supply of 1 billion tokens. The vast majority of this is reserved for ecosystem incentives and grants. The token is not planned to be inflationary, so the total supply will likely be the max total supply.
Following this, Binance will open subscriptions for the Arkham token sale for 24 hours between July 17, 2023 and July 18, 2023 . All eligible users will then be able to subscribe to the sale by signing the token purchase agreement and committing their BNB. Once the subscription period ends, Binance will calculate how much ARKM each participant is able to purchase and deduct their purchase amount from the BNB committed. Users will then receive their ARKM and any remaining BNB tokens back to their Binance spot wallet.Following this, Binance will also list the ARKM token, providing its more than 90 million global users with first access to the token on the primary market.
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Source: CoinMarketCap - 🏆 290. / 63 Read more »