Alchemist Core & Community Update
The Alchemist Project is built and backed by the community. Consequently, transparency is a paramount promise that the Alchemist team strives to uphold. Each month we publish an update on the progress made by all of the participants in the Alchemist ecosystem. Keep reading to learn what we have been working on and where we are heading.
Incubation and Acceleration
Alchemist is not just an incubator, it is also an accelerator. No matter how far along your project is on its journey to launch, you can still reach out to Alchemist to help make the journey quicker and easier. If you are interested in learning more about how Alchemist can help you get to market faster and smoother get in touch with us by joining our Discord.
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A new product is on the way! We are super excited to share with you that a new groundbreaking product, with what we believe to be phenomenal product-market-fit, has been in the works for some time now. Keep an eye out for updates regarding this product over the course of the next few months.
The Lab Crypto Podcast
This month saw the advent of The Lab Crypto Podcast! The podcast is the latest addition to the Alchemist ecosystem. So far, two episodes have made their way to the airwaves. The first episode features Jomari Peterson, the lead strategist at Snowball Defi.
The second episode features Gabriel Haines, founder of Clipto and a content creator. Both episodes are jam-packed with electrifying conversations and are most certainly worth listening to. Check them out on Spotify, YouTube, Anchor, or Google Podcasts.
Bi-weekly Community Calls
Two community calls were held in May. The first was held on May 12th and the second was held on May 26th. You can listen to the recordings of each call here and here, respectively.
Merchandise
Two new store fronts have been added to the Alchemist Merchandise page. With the recently added stores, you can now pick out your favourite Alchemist merch from any of the three available stores. You can view all storefronts here.
If you are looking to set up a store you can view the available brand artwork here and you can find the listing request form here.
Builder Breakout
Alchemist’s roots come from the dedication of community builders who have stepped up to contribute moving Alchemist forward. If you are an artist, designer, developer, or just simply want to contribute to building out the future of Alchemist, please join our Discord and ask how you can become a builder. Never underestimate your potential!
Proof of Alchemy (PoA)
Proof of Alchemy is a community run initiative that encourages community members to partake in bi-weekly events that are designed to help promote the fun and exciting atmosphere of Alchemist. If you are interested in learning more about PoA make sure to check out their Twitter page and give them a follow to make sure you stay up to date.
Alchemist Radio
The Alchemist Radio is a radio station that streams music and community events non-stop in our Discord. One of the community events that is broadcasted over Alchemist Radio is the Desert Island Mist show.
The Desert Island Mist show occurs every Friday at 20:00 UTC and is made possible by three awesome community members. Desert Island Mist is the premier medium to get personal with product founders and builders within the Alchemist ecosystem. Not to mention, all the awesome music you will discover! Make sure to tune in and experience what all the hype is about.
Crucible Update
Polygon Deployment
The Crucible team recently announced the addition of the Polygon network to the growing list of networks supported by Crucible. Coinciding with this network integration, is the launch of the first rewards program on Polygon spearheaded by MASQ. The expansion to Polygon has the potential to tremendously help increase the adoption of non-custodial staking programs on Polygon due to the significantly lower transaction costs to create and participate in a rewards program.
Leaderboards
Reward Program Leaderboards have arrived! This feature is arguably the most prominent feature drop by the Crucible team since they dropped the Crucible Artwork. Reward Program Leaderboards offer creators a unique opportunity to gamify their reward’s programs. The leaderboards currently display the top 100 reward program participants and allow for a seamless user experience while browsing through the leaderboard.
High Quality Mode
High resolution Crucible Artwork is now available! We have heard time and time again how beautiful the Crucible Artwork is, and now you can finally view your Crucible’s unique beauty in high resolution! Prior to this upgrade, Crucible Artwork was only available in medium quality resolution, but with this upgrade comes low quality resolution too. Low quality mode allows for Crucible Artwork to load much faster on less powerful devices and low bandwidth connections.
Branding Refresh
You may have noticed that the Crucible logo and the Crucible brand got a new look this month.The redesigned logo and branding have helped revitalise the look and feel of the Crucible platform. What do you think of the new look? The Crucible team wants to hear from you. Make sure to jump in the Discord and let the team know your thoughts or give feedback directly via the Crucible website.
Future Plans
- The Crucible team is working on a significant change to how reward programs will be launched going forward. This upgrade should be coming online in the coming weeks.
- Additionally, keep an eye out for Crucible Artwork dropping on other networks.
Copper Update
Avalanche Launch
The Copper team successfully deployed to the Avalanche network this month and subsequently hosted the first LBP on Avalanche. This smooth deployment was made possible by the close collaboration between the Copper and Hexagon Finance teams.
Twitter Verification
A LBP creator can now verify their Twitter account on Copper. This allows for an additional layer of trust and transparency to be established between LBP creators and participants.
Future Plans
- Further work has been done on ██████████ and ██████████. These features will further enhance Copper’s product offering. Making Copper ████████████████████.
- Copper has selected the next network it will be deploying to and is expecting to go live with the integration by mid to late July.
MistX Update
The mistX project has played an important role in the development of the Alchemist ecosystem since its inception. The mistX exchange sought to become the first decentralized exchange to use Flashbots technology to prevent users from having value extracted from their swaps by sandwich bots.
However, with time this feature became prevalent across exchanges and competition in the space became increasingly intense.
Unfortunately, due to these circumstances, the Alchemist Council and the mistX team have elected to end funding for the mistX experiment. If you are interested in learning more about this, please take a look at this announcement. We sincerely hope for the best for the mistX team and appreciate all of their prior accomplishments.
Council Update
Tokenomics
The Council has been working on a Tokenomics proposal which will make its way to the ballot box within the near future.
Sablier
Working with the team at Sablier, the Council was able to get the $MIST token listed on Sablier’s payment streaming application. Sablier is a payment streaming protocol that runs on various EVM compatible networks. With the listing of the $MIST token on Sablier, the Council, or anyone, can stream $MIST which acts as a quick and easy way to replicate the benefits of vested $MIST.
Product Proposals
Currently, there are three new project proposals that the Council is reviewing. All of the proposals have already had initial meetings with the Council and announcements will be made soon on whether these projects will be officially incubated by Alchemist.
