Binance's latest Launchpad project, Arkam, has announced that the airdrop snapshot was conducted on July 8th. Accounts identified as witch attackers or attempting to manipulate the system have been flagged and disqualified. The airdrop will go live on Tuesday, July 18th, and users can claim their tokens through the dashboard.
Arkam is an on-chain data platform that integrates on-chain address labeling, individual token analysis, and visualization tools. It also offers a unique bounty program where buyers can request information from the community through bounties, and bounty hunters can submit the requested information to earn rewards.
ARKM is the native token of Arkam, with a total supply of 1 billion tokens. 5% of the tokens are allocated for Binance's Launchpad, and the initial circulating supply is 150 million tokens (15%).
Arkham has faced criticism within the crypto community for its reputation of privacy vulnerabilities and centralization concerns. Here are some points that have been raised:
Arkham's URL for recommended code in the private beta version is prone to exposing email addresses.
The intel bounties feature allows users to anonymously publish and accept bounties for blockchain transaction information. Once a bounty is completed, any entity that paid the bounty will have exclusive access to the data for a period of 90 days. Arkham has stated that after the initial exclusivity period, they will release the data to the public.
These issues have led to concerns about privacy and centralization within the Arkham platform.