Cryptocurrency exchange Binance completed public sale of tokens of 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 got opportunity to participate in the airdrop. Coins were awarded depending on the activity and the number of referral invitations.
Subscribe to ForkLog on social networks
Found a mistake in the text? Select it and press CTRL+ENTER
ForkLog Newsletters: Keep your finger on the pulse of the bitcoin industry!
2023-07-18 12:45:21
#Users #blocked #billion #worth #BNB #participate #Arkham #token #sale #ForkLog
