WEB3
by BSCN
July 10, 2023
Through the exchange, Arkham aims to meet the growing demand for on-chain analysis and create a decentralized intel-to-earn economy where onchain sleuths can earn based on their skills.
Arkham, a leading onchain analytics platform, is set to launch the Arkham Intel Exchange, an innovative platform revolutionizing the intelligence market, on Tuesday, July 18. The Intel Exchange is the world’s first marketplace that connects individuals interested in buying and selling intelligence on any crypto wallet address.
Responding to the growing demand for on-chain analysis from traders, investors, journalists, researchers, and protocols, Arkham has created a solution for those lacking the time and expertise to conduct comprehensive on-chain analysis. The Intel Exchange offers clear and detailed analysis of blockchain activity to meet the needs of these users.
In addition, the Intel Exchange addresses the issue of talented on-chain researchers and sleuths who currently lack a means to monetize their skills, despite possessing unique and valuable expertise. By connecting both sides of the on-chain intelligence economy, Arkham's platform allows these researchers to capitalize on their abilities and simultaneously fulfills the increasing demand for on-chain research.
The Intel Exchange operates on a bounty mechanism, facilitating the matching of buyers and sellers of on-chain intelligence. Any individual can post a bounty by locking funds and requesting information on crypto addresses or entities. These bounties can then be fulfilled by skilled "bounty hunters," who exchange intelligence for payment.
The types of bounties posted on the Intel Exchange are diverse and flexible, ranging from finding wallet addresses of hedge funds or specific protocol teams to uncovering the real identities of impersonators or pooling resources to expose exploiters. While Arkham does not impose strict limitations on the types of bounties, a penalty will be applied to poorly executed or spam submissions.
To ensure a secure and reliable platform, all transactions on the Arkham Marketplace occur through smart contracts that have been audited by their partner, Quantstamp. Arkham’s vision for the Intel Exchange is to create a decentralized intel-to-earn economy, where sleuths can earn based on their skills and experience.
Learn more about how the exchange works via the official Arkham announcement.
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