Arkham (ARKM), a leading cryptocurrency analysis platform, responded to accusations made by two of its rivals in a recent development. According to Arkham officials, their rivals are spreading false rumors about ARKM movements in an attempt to create FUD within the community.
Arkham, which is also listed on Binance, clarified that the ARKM transfer transactions discussed, like all ARKM transfers made to date, are unlocked tokens according to published tokenomics. Attention was drawn to two important transfers that were the subject of discussion:
- 20 million ARKM sent from the Foundation Treasury to a separate wallet: This move was confirmed in the first and last Arkham management proposal. As stated in tokenomics, all of these tokens are available for use. Of the 172 million ARKM allocated, 152 million remained in the Foundation Treasury. The 24 million ARKM in the treasury has been unlocked but has not yet been voted on in a management proposal.
- 5 million ARKM from Ecosystem Fund: These tokens are unlocked according to published tokenomics, where the Ecosystem Fund will unlock over 5 years, starting with 70 million tokens at launch. The Ecosystem Fund currently has 260 million ARKM, which is more than the number of tokens locked.
Arkham concluded their response by saying, “We spend our time improving our product, not responding to people on the internet, but there were serious false rumors spreading so we addressed them.”
*This is not investment advice.
