Alchemist AI

Alchemist AI is a no-code application development platform built on the Solana blockchain, launched in November 2024. The platform allows users with no programming experience to describe an application idea in plain English and receive a deployable, interactive web application in return. The project positions itself at the intersection of generative AI and crypto-native tooling, using its native ALCH token as the medium for accessing and transacting within the ecosystem.

Core Product: The Sacred Laboratory

The primary interface is called the Sacred Laboratory, part of the Arcane Forge product suite. Users access a browser-based environment, type a natural language description of what they want to build, and receive a functional prototype ready for immediate testing. Editing is iterative: users can describe changes in text via a wizard bot interface, or use visual annotation tools to circle specific areas of the generated app and request targeted modifications.

Applications users can generate fall into four categories documented by the platform: games (such as a magic-themed Flappy Bird clone), productivity tools (such as custom time-tracking calculators), entertainment simulators, and personalized utility apps with image editing or custom logic. The platform also includes a Magic Orb feature and an AI agent called Azarus, though detailed public documentation on those components is limited.

Internally, the platform uses a multi-agent AI pipeline where separate agents handle prompt interpretation, UI generation, logic construction, and image synthesis. Apps are deployed to a web sandbox for immediate in-browser testing without additional configuration. Third-party AI models are integrated into the pipeline; the project has noted integration with GPT-5 and Grok 4 as of 2026.

Arcane Forge Marketplace

Beyond app creation, Alchemist AI operates the Arcane Forge Marketplace, where users can buy, sell, and trade applications generated on the platform. This creates a secondary economy for outputs produced through the Sacred Laboratory.

ALCH Token

The platform native token is ALCH, an SPL token on Solana. It serves as the primary unit of exchange within the ecosystem.

Tokenomics: Total supply is 1,000,000,000 ALCH, capped and non-inflationary. Circulating supply stands at 850,000,000 ALCH (85% of total). The contract address is HNg5PYJmtqcmzXrv6S9zP1CDKk5BgDuyFBxbvNApump.

Distribution at launch: 85% went to the public liquidity pool with no vesting; 5% for marketing with a 3-month linear unlock; 7% for treasury and ecosystem with a 12-month linear unlock; 3% for the core team with a 1-month cliff followed by 6-month linear vesting.

Token utilities include payment for app generation (approximately 200 ALCH per app), marketplace transactions on Arcane Forge, staking for premium feature access and rewards, and governance participation.

Market performance as of August 2026: The token launched at approximately $0.0003 in late November 2024, reached an all-time high of approximately $0.2434 on December 18, 2025, and had declined to approximately $0.027 by August 2026. Market capitalization was approximately $23.2 million, with 24-hour trading volume of approximately $2.8 million. There are approximately 26,980 token holders and the token is ranked #576 on CoinMarketCap. CertiK assigns the project a security score of 3.4 out of 10.

Team

Alchemist AI was founded in 2024 in Hanoi, Vietnam. The publicly identified team members are Thien Phung Van (Founder and CFO, with a background in software entrepreneurship and finance, previously CEO and CFO at Vistia), Trong Pham Van (Co-founder, with trading and corporate leadership experience), and Duc Loc Louis Nguyen (CTO). The project does not maintain a public team page; team member information has been sourced primarily from third-party databases.

Audits and Security

As of mid-2026, Alchemist AI has no publicly available third-party smart contract audit. CertiK lists the project as not audited and assigns it a security score of 3.4 out of 10. No hacks or token contract incidents have been publicly reported. Regulatory treatment varies by jurisdiction: Kraken UK disclosure describes ALCH as unlikely to qualify as a security under UK law and treats it as a utility token; Indonesian regulators have permitted trading via Tokocrypto.

Adoption

The platform has reported processing over 100,000 application builds since its launch. ALCH is traded on multiple centralized and decentralized exchanges, with its primary on-chain liquidity pool on Raydium on Solana.