ARKM Arkham

Use Cases of Arkham

• Tracking Stolen Funds: Arkham helps in identifying and tracking stolen assets across various blockchain networks, aiding in recovery efforts.
• Identifying Fraudulent Actors: The platform uses AI to deanonymize blockchain transactions, linking real-world identities to addresses, which helps in identifying fraudulent actors.
• Auditing Transactions: Arkham provides detailed analytics on transactions, enabling users to audit and verify the legitimacy of activities.
• Portfolio Tracking: Users can monitor the performance of their crypto investments, tracking profit and loss, portfolio holdings, and transaction history.
• Market Research: Arkham offers insights into market trends and activities, helping users make informed decisions in the crypto market.
• Business Analysis: The platform can be used for business analysis and decision-making, providing valuable data on entities, exchanges, and funds.
• Compliance and Regulatory Use: Arkham's comprehensive data can assist in compliance and regulatory efforts by providing detailed information on crypto activities.

Pros of Arkham

• Comprehensive Analytics: Arkham provides a powerful analytics platform that helps users analyze the crypto market, detect fraudulent activity, and track transactions across multiple blockchains.
• Intel Exchange: The Arkham Intel Exchange is a pioneering marketplace for trading crypto intelligence data, allowing users to buy and sell valuable information.
• Governance Rights: ARKM token holders have governance rights, enabling them to vote on the strategic direction and future development of Arkham.
• Multi-Chain Support: Arkham supports multiple blockchains, including Bitcoin, Ethereum, and other top EVM networks like Polygon, BNB Chain, and Avalanche.
• Entity-Based Intelligence: Arkham links real-world identities to addresses, providing a holistic understanding of crypto activity and enabling users to gain deeper insights into crypto operations.

Cons of Arkham

• Privacy Concerns: Arkham's deanonymization of blockchain transactions has raised concerns among privacy advocates, who argue that it undermines the principles of anonymity and censorship resistance in the crypto space.
• Potential Misuse: The Arkham Intel Exchange could be abused for smear campaigns, doxing innocent people, and other forms of misuse.
• Maturity: Arkham is a relatively new project, and its platform is still under development.
• Cost: Arkham's platform is not free to use; users must purchase ARKM tokens to access the full range of features.

Founders of Arkham

• Miguel Morel: The co-founder and CEO of Arkham. Before founding Arkham, Morel co-founded Reserve Protocol, a stablecoin project designed for use in emerging markets and hyperinflationary economies. He has a background in technology entrepreneurship with experience in strategic planning, managerial roles, recruitment, and fundraising across various foreign markets.
• Other Founders: The specific details about other founders are not provided in the available sources. However, it is mentioned that the founders are veterans of the crypto industry, having previously founded a stablecoin project with notable investors including Peter Thiel, Sam Altman, Coinbase, and Digital Currency Group.

Investors in Arkham

• Venture Capital Firms:

  • Binance Labs: An incubator that supports early-stage blockchain projects.
  • Digital Currency Group (DCG): A venture capital firm focused on the digital currency and blockchain technology ecosystem.
  • Bedrock Capital: A venture capital firm that invests in early-stage companies.
  • Coinbase Ventures: The venture arm of Coinbase, a leading cryptocurrency exchange.

• Angel Investors:

  • Tim Draper: A well-known venture capitalist and founder of Draper Fisher Jurvetson.
  • Peter Thiel: Co-founder of PayPal and a prominent angel investor.
  • Sam Altman: Founder of OpenAI and Worldcoin, and a notable angel investor.

• Other Notable Investors:

  • Joe Lonsdale: Co-founder of Palantir Technologies.
  • Miguel Morel: Founder of Arkham Intelligence itself.

These investors have contributed to Arkham's funding rounds, helping the company raise a total of $12 million to date.

Halal Status of Arkham

• Halal Status: Yes
• Reason: Arkham is considered halal because it is a comprehensive crypto intelligence platform that leverages AI technology to deanonymize blockchain transactions, offering tools for managing on-chain portfolios and trading crypto intelligence. It does not involve any activities that are inherently haram according to Islamic finance principles.