A new narrative just formed with a hideous intent. 🤔
DOX-TO-EARN... 💭
... or is it actually ON-CHAIN ASSASSINATION? 🪓
The story gets darker with CIA and FBI🧵
(I am already a victim so don't fall prey anymore)
Before exposing secrets, please RT, Follow, Bookmark to get this info out to everyone
@ArkhamIntel announced the world's first on-chain intelligence exchange platform in a 30 sec video
What does this mean?👇
Users can anonymously buy and sell information on the identities of any crypto wallet address through smart contracts.
There will be a price tag to this information.
Sounds like a hitman bounty?
And one feature being “intel bounties”
Bounty initiator (those who need information) can offer cash to bounty hunters (assassins).
On-chain sleuths can dox any crypto wallet owner's name or address. Amazing to hunt out bad actors
BUTTT what's more concerning is...
...that YOU are the product because the platform is free to use.
It's collecting all YOUR information behind your back.
I don't know what is worse: @Meta's "honest" KYC or @ArkhamIntel's "selfless" product.
I am not data smart/savvy enough so I need my friend @RiverRunnner to enlighten me if this is possible.
IMO these information wouldn't be impossible to obtain so @poordart might make sense. (don't quote my please)
Should I worry for my life now?
Monetization of data goes a long way and in the case of web2 selling our data...I am pretty sure we are in web3 to avoid that.
Now, we are regressing so far back even to "web -1" with de-anonyimization of the fundamentals that we CT believe in.
So this "selfless" product could be a force driven by some higher order....
"Literally Feds"
Or did the recent DeFi protocols (i.e. Barnbridge) crackdown by SEC spurred the birth of this intel marketplace?
Image by @arndxt_xo
If you have shared your referral links, you are not alone because I have also shared it and am a victim. (along with you)
Was really doing it out of goodwill to share the goodness of this "selflessly" free product.
It turns out that everyone got dox.
In fact, @eth2 exposes Arkham's flaw in the ref link earlier in the year.
Acknowledged by Arkham but did not see any resolution up until today.
@adamscochran share that these ref codes are base64 encode to scrape and match YOUR socials to Arkham profiles...
Up till this point, I am quite disgusted at these discoveries, but I shall go on....
In Arkham defence, they did acknowledge this flaw in the ref code and have resolved it.
I inherently still trust my CT buddies out there that have done the digging.
Despite these ugly revelation, I do think the narrative of Intel-to-Earn will be big, given how everyone loves to have someone helping them with research tasks.
The masses will simp for the airdrop and look past the importance of safeguarding their privacy/data.
I too, would also be motivated by the implied hint of airdrop through shilling the referral links and the future expectation of such rewards.
But it has been quite unsettling.
Here is an airdrop estimation
Just like how people still continue using web2 products knowingly that these companies monetizes their privacy/data away.
Userability matters most to them.
In actual fact, we (usually are) and all know that everyone is selfish and they will do anything for the money.
So it begs the question of product efficacy.
If it will truly be beneficial for the betterment of web3 as a whole, for the use cases of reducing protocol exploit?
Or will it be a game of information hunting of (rivals) whoever (for fun)?
With the kind of data possessed by Arkham, its pretty much a hitman bounty or assassination.
I will only recognize it as a great CT-friendly product if Intel Marketplace is put to more objective use and minus away those data that have been collected on this users.
There needs to be proper security measures in place to ensure that it meet its goals.
Or at least properly addressing the implications of those pointers brought up.
But until then, I will be on the lookout for a better on-chain tool that has:
📌No central parties involved
📌No sneaky data collection
📌Security at its web3 best
📌Objectives for the betterment of web3
Please help to spread the word if you find this concerning.
After reading all these and if you guys still want VIP access to Arkham, drop me a DM.
I don't want to shill my ref code here and risk getting assassinated
(´。• ◡ •。`)
Twitter: https://twitter.com/arndxt_xo/status/1679093264140607488