Users Lock $2.4 Billion BNB in ​​Arkham Token Sale


Cryptocurrency exchange Binance has completed the public sale of tokens for the analytical service Arkham Intelligence (ARKM).

114,454 participants locked 10.18 million BNB ($2.4 billion) during the sell-off period. For Binance Launchpad, 50 million ARKM (5% of the total supply of the coin) was allocated and the price was fixed at $0.05.

The exchange tracked user BNB balances for six days. The final distribution amount depended on the volume of locked coins.

The final conversion rate was 4.92 ARKM per 1 BNB.

Binance opened trading for the token on July 18 at 15:00 (Kyiv / Moscow time). At the time of writing, the coin is trading at $0.71.

ARKM/USDT 1-minute chart on the Binance exchange. Data: Binance.

Recall that in July, the analytical platform announced the “world’s first” trading platform for on-chain data. The Arkham Intel Exchange marketplace will allow users to post and request information about protocols and digital assets for a fee.

Early users of the Arkham service were given the opportunity to participate in the airdrop. Coins were awarded depending on the activity and the number of referral invitations.

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