Binance, the renowned cryptocurrency exchange, has made an official announcement on Twitter regarding the 32nd project on Binance Launchpad – Arkham (ARKM). The token sale for Arkham will follow the Launchpad subscription format, and user BNB balances will be recorded starting from July 11, 2023.
— Binance (@binance) July 10, 2023
Introduction: Arkham (ARKM) on Binance Launchpad
Binance has officially introduced Arkham (ARKM) as the 32nd project on Binance Launchpad, the platform’s token launch platform. This new project offers users an opportunity to participate in the token sale and potentially become part of the Arkham ecosystem.
Snapshot of User BNB Balances
The recording of user BNB balances will take place over a six-day period, from July 11, 2023, to July 17, 2023. To determine each user’s final BNB holding amount, the average of the six days will be calculated using the Daily Average BNB Balance method, which was previously announced by Binance.
Details of the ARKM Token Sale
Here are some key details regarding the ARKM token sale:
- Token Name: Arkham (ARKM)
- Launchpad Hard Cap: $2.5 million
- User Hard Cap: $15,000 (300,000 ARKM)
- Total Token Supply: 1,000,000,000 ARKM
- Binance Launchpad Allocation: 50,000,000 ARKM (5% of total token supply)
- Public Sale Token Price: 1 ARKM = $0.05 USD (Price in BNB to be determined)
Token Sale Format and Timeline
The ARKM token sale will be conducted in a subscription format, with BNB being the only supported cryptocurrency. The subscription timeline comprises various periods, including the preparation period, subscription period, calculation period, and final token distribution period. Participants should carefully follow the provided timelines to ensure their successful participation in the token sale.
Account Verification and Eligibility
It is essential for users to complete their account verification and be from an eligible jurisdiction to participate in the ARKM token sale on Binance Launchpad. Certain countries and regions, as specified in Binance’s terms and conditions, are excluded from participating, including Belarus, Cuba, Iran, the United States, among others.
The launch of Arkham (ARKM) on Binance Launchpad offers an exciting opportunity for users to engage with this new project. By following the token sale details, adhering to the timelines, and meeting the eligibility requirements, users can potentially be part of the growing Arkham ecosystem.
Q1: What is Binance Launchpad? Binance Launchpad is a token launch platform by Binance that allows users to participate in the initial sale of new cryptocurrency projects. It provides a platform for users to discover and invest in promising blockchain projects.
Q2: How can I participate in the ARKM token sale? To participate in the ARKM token sale, users need to have an active Binance account and meet the eligibility criteria. They should carefully follow the timelines and guidelines provided by Binance to ensure their successful participation.
Q3: Can I use any cryptocurrency to participate in the ARKM token sale? No, the ARKM token sale on Binance Launchpad supports BNB (Binance Coin) as the only cryptocurrency for participation. Users need to have BNB in their Binance accounts to subscribe to the token sale.
Q4: Will there be any future trading opportunities for ARKM? Once the token sale concludes and the token is listed on Binance, there will likely be trading opportunities for ARKM on the Binance platform. Users can monitor Binance’s announcements and follow the market to stay updated on trading possibilities.
Q5: Where can I find more information about Arkham (ARKM)? For more in-depth information about Arkham (ARKM), interested individuals can refer to Binance Research’s report available on their website. The report provides comprehensive insights into the project, its goals, and its potential impact in the cryptocurrency space.