AlchemyByte is a token issued by AlchemyByte Inc., an International Business Company incorporated in the British Virgin Islands. AlchemyByte is essentially an alloy or mixture of other coins, tokens and crypto related assets (hence the name “Alchemy”) in exactly the same sense that historical coins were alloys of predominantly gold, silver, tin, nickel and copper. The value of such coins being determined by reference to the constituent metals in the alloy and their relative proportions. We add the “Byte” to the end of Alchemy to indicate the presence of a plurality of underlying coins/tokens, although in reality we will have a good more than just eight. (i.e. 8 bits = 1 byte).