Blog Banner: Taking the Alchemist Program to the next level

Taking the Alchemist Program to the next level

TL;DR: These past 4 months we have seen an amazing turn of events surrounding the Covalent Alchemist Ambassador Program. It took on a life of its own, becoming one of the most vibrant communities in crypto. We are proud to say we have a team of 2,500 Alchemists who have showcased initiatives above and beyond expectations.

The mission and vision of the program has always been to create opportunities for individuals to further their careers, receive mentorship, access educational tools not accessible in their regions, have a safe space to grow, and more. At Covalent we understand the importance of focusing on community and allowing it to scale and is why we decided to allocate 1% of our total Token Supply to this program.

The Alchemist Journey


Growth & Next Steps

This has been the fastest-growing community program in Web3. As we’ve reflected on the program, we’ll be moving to community owned initiatives. We’re thrilled to shift away from a Season by Season model to one that is more sustainable.

While we work on the launch of an even bigger and better framework for our Alchemists, we’re introducing a ‘Summer Break’ for August that will be full of fun-filled events and give Alchemists the chance to take a well-deserved vacation, spend time with loved ones, and get ready to come back to an even bigger stage!

Summer Break Events

  • Interplanetary Alchemist Olympiad: Participate in a GRAND event to celebrate the success & hard work of Alchemists with a fun & challenging competition showcasing the diversity of Covalent’s regional communities! More details
  • Staking Bootcamp: Learn about staking in our network and complete assignments and challenges in order to receive staked CQT and NFT certificates!
  • Alchemist Workshops: Join Alchemist and industry leader themed workshops. Stay tuned for more details!

What to expect next?

  1. Giving control and power back in the hands of the community
  2. Opening a window of new opportunities to more career paths
  3. Networking with quality like-minded individuals and leaders
  4. Creating a safe space for everyone at all levels & backgrounds
  5. Implementing passion projects and hobbies
  6. Learning about emerging initiatives in crypto

The foundation of the program will continue to place the focus on community, removing barriers for those who don’t have access to education or tools, creating opportunities, and striving to have ‘One Billion Lives Changed.’