Binance Launchpad announces the 32nd project: Arkham ARKM, BNB surges nearly 5%
Recently, including BNB Chain and BSC Allday started promoting the data tracking platform Arkham on Twitter, shortly after which Binance announced the 32nd Launchpad project as "Arkham ARKM".
Table of Contents
What is Arkham?
The crypto tracking platform Arkham has been around for a while, but it gained prominence only after the bankruptcy of FTX last year. According to the official whitepaper, its ARKM token serves four main functions:
ARKM Rewards: Users can earn ARKM tokens for beneficial actions within the Arkham ecosystem, such as producing research reports.
ARKM Discounts: Holding or using ARKM for payments can provide up to a 60% platform discount.
Project Funding: ARKM will be used to sponsor projects that contribute to the ecosystem.
Partner Incentives
Binance Launchpad Subscription Rules
According to Binance's announcement, the financing hard cap and user subscription limit for ARKM remain the same as before, with an additional day added to the BNB holding record. The details are as follows:
Token Name: Arkham ARKM
Total Token Supply: 1 billion tokens
Public Sale Price: 1 ARKM = $0.05
- Launchpad Financing Cap: $2.5 million
User Subscription Limit: $15,000 300,000 ARKM
- Holding Record: 7/11 08:00 to 7/17 08:00, average calculation over six days
Binance Launchpad accounts for approximately 5% (50 million tokens) of the total token supply.
BNB surged nearly 5% on the news.
