- Only publicly verifiable data, information on hacks, sources of alpha, and market movement analysis will be supported by Arkham is Intel Exchange.
- The policy is a component of Arkham’s response to privacy concerns raised by the public before the launch on July 18.
- The blockchain insight provider reiterated on Friday that postings of retaliation or the trading of private data will not be permitted on the Intel Exchange.
The blockchain intelligence company revealed a new exchange on July 10 that will let users buy and sell intelligence on wallet addresses. The platform, according to Arkham, serves as a hub for decentralised information sharing as well as a place for blockchain sleuths to monetize their expertise.
The Arkham Intel-To-Earn Each: Guidelines
According to Friday’s guidelines announcement, trading of private off-chain on the platform is prohibited, and Arkham’s Intel Exchange only supports bounties or submissions that ask for or provide publicly verifiable on-chain data.
Under no circumstances whatsoever will personal physical addresses, phone numbers, confidential ID numbers, date of birth, or other sensitive PII be allowed onto the exchange, even if publicly available elsewhere.
The platform’s rulebook also encourages intelligence that assists in identifying key players, market movement analysis, sources of alpha, and hacking or scamming behavior. The platform will also support future changes to governance that affect how submissions or bounties are evaluated.
Before the launch of the Intel Exchange, which is scheduled for July 18, as well as an airdrop and open token sale of the ARKM coin on Binance, reactions to it have been mixed.
While some cryptocurrency users applauded the initiative to establish a liquid information market and give investigators like ZachXBT the opportunity to profit from their work, sceptics raised concerns about potential privacy breaches and the platform’s purported “dox-to-earn” model.
After it was discovered that users could see private email addresses when they created a referral link, community worries increased even more.
During a Twitter space, CEO Miguel Morel reassured users that the company would put a priority on safe and open data exchange for the benefit of the participants.