Arkham

Halal Rating :
Comfortable
Last Price $1.4 Last updated:
Rank 230
1D Change 2.05 %
Market Cap $310.5m
Circulating supply 225,100,000
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Marketplace
  • AI & Big Data
  • Research
  • Ethereum Ecosystem
  • Governance
  • Binance Launchpad
  • Binance Labs Portfolio
  • Analytics
  • CMC Crypto Yearbook 2024-25

Overview

Arkham is a blockchain intelligence platform that launched its token ARKM in July 2023. The platform aims to provide transparency in crypto transactions by offering on-chain analysis tools and a unique feature that allows users to link real-world identities to blockchain addresses.

Purpose and Utility

The ARKM token serves multiple purposes within the Arkham ecosystem: It's used for platform access, governance participation, and rewards for users who contribute accurate information about wallet identities. The token has demonstrable utility in accessing premium features of the Arkham Intelligence platform.

Business Model

Arkham's business model centers around providing blockchain intelligence services, with revenue generated from subscription fees and premium features. The platform offers legitimate services that align with Islamic principles of transparency and ethical business practices.

Real-World Adoption

The platform has gained significant traction since launch, with partnerships with major crypto entities and growing usage of its intelligence tools. The token is actively used for its intended purposes within the ecosystem.

Token Distribution

The token distribution includes vesting periods for team members and early investors, with specific allocations for platform development, community rewards, and ecosystem growth. The distribution model appears designed for long-term sustainability rather than short-term gains.

Platform Development

There is active development of the Arkham platform, with regular updates and feature additions. The team maintains transparent communication about development progress and platform usage.

Crypto Impact

To assign a comfort level investing in Arkham from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Arkham.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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