The platform is expected to create a new way for people to share and exchange blockchain-related intelligence, creating a new market and opportunity for on-chain researchers.
In a recent blog post, the company said that there is significant demand for on-chain analytics from various people such as traders, investors, journalists, researchers, and protocols.
He also noted that a growing community of talented on-chain investigators needs a platform that allows them to monetize their skills.
He intel exchange addresses these challenges by connecting buyers and sellers of on-chain intelligence through a rewards mechanism. The company wrote in the announcement:
“Arkham’s Intel Exchange finally gives these talented researchers a way to monetize their skills and meets the growing demand for on-chain research in a scalable way, by connecting both sides of the on-chain intelligence economy.”
The platform uses a rewards mechanism to do this. Users who need specific information on the chain can request it by placing rewards.
These rewards will then be fulfilled by “bounty hunters”, experienced blockchain researchers who provide the requested intelligence in exchange for payment.