Binance, the world’s largest crypto exchange, announced that Arkham (ARKM) will become its 32nd token sale project on Binance Launchpad.
The Arkham token sale, set to take place on Binance Launchpad, has a total hard cap of $2.5 million. Each user is capped at $15,000, equivalent to 300,000 ARKM tokens. The total token supply for Arkham is 1 billion ARKM, out of which Binance Launchpad has been allocated 50 million. This allocation accounts for 5% of the total supply.
Following this, subscriptions will open for eligible users on July 17, lasting for 24 hours, during which its users can commit their BNB on the exchange. On July 18, the final token allocation will be determined, with the corresponding BNB balance being deducted from each user’s account and the equivalent number of Arkham tokens credited.
Coinciding with the token sale news, Arkham also announced an on-chain intelligence exchange today — enabling users to buy and sell data on the owners of blockchain addresses anonymously. “Arkham’s Intel Exchange finally gives sleuths a way to monetize their skills, and meets the growing demand for on-chain intel in a scalable way,” the companyThe public sale token price will be set at 1 ARKM equal to $0.05. The price in BNB will be determined before the subscription period, Binance said.
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