The rise potential of $ALCH, with a consecutive 50% increase for 3 days, where does it come from?

Editor’s Note: This article introduces some of the features and uses of the Alchemist AI platform, and discusses the key role of network effects in the success of the digital market, especially in the development of alchemistAIapp (ALCH). By attracting developers and users, the platform can form a self-enhancing rise flywheel, while ALCH has the characteristics of a dual-sided market and Social Web.

The following is the original content (for ease of reading comprehension, the original content has been reorganized):

Alchemist AI is a no-code platform that allows users to build software applications by simply providing descriptions. No coding skills are required, allowing anyone from beginners to experts to quickly create custom applications, utilities, and games.

Key technical components of Alchemist AI include user input processing, which is responsible for handling interactions between users and the platform, ensuring that the system understands and interprets user text, commands or data inputs correctly to prepare for subsequent operations. Next, the application logic generates the logic or structure that drives application functionality based on user input, ensuring that the generated application can perform the required tasks.

Core Features

Then code generation and deployment transform application logic into actual code and deploy the generated application for user operation. Finally, operating system API integration (limited access) integrates the generated application with the underlying operating system’s API, providing necessary system-level functionality for the application, but with limited access rights.

Alchemist AI’s technical process is like a magical ritual, extracting intent from a user’s simple description, such as “build a timer” or “create a meteor game.” Through natural language processing, the system deeply understands every detail and identifies the user’s needs and limitations. Alchemist AI then translates these requirements into back-end logic, builds algorithms, processes events, and designs user interface behaviors that match intent. As input becomes code, the platform converts natural language instructions into HTML, CSS, and JavaScript, which form the backbone of a web application.

The resulting app is rendered in a sandbox environment, with an iframe or similar web environment that users can interact with and test directly in the browser. For applications that require deep interaction with the local environment, Alchemist AI securely provides access to system features, such as file storage or hardware interfaces, through limited OS API integration, allowing each generated application to find the perfect balance between virtual and real.

Alchemist AI provides a range of powerful features, including seamless integration of image generation and multiple AI systems, bringing users a diverse creative experience.

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The platform supports third-party API and personal API keys, allowing users to flexibly expand functionality and implement personalized operations.

The unique ‘AI internal AI’ architecture enables the system to have stronger learning and adaptability, while multiplayer games and multilingual support allow global users to enjoy interactive and entertainment experiences. The advanced mode provides professional-level customization services, the folder system facilitates users to organize and manage files, and the Forge version rollback function ensures that the ideal version can be restored in any situation. All these features together constitute a flexible, efficient, and deep innovative platform.

Alchemist AI offers a variety of powerful features, including personal API key support, which allows users to access advanced services by adding private API keys and create customized applications. Users can also utilize AI’s internal AI capabilities to create applications with integrated AI tools, providing dynamic AI-driven functionality.

In addition, the platform supports multiple tool platforms, allowing multiple AI tools to be hosted in one application to meet various needs, and provides customized AI assistant functions, allowing users to train their own assistants. For the development of multiplayer games, Alchemist AI simplifies player connections, real-time synchronization, and cross-device support to ensure a smooth gaming experience. Finally, the advanced mode provides subscribers with faster processing speed, exclusive features, and additional resources to help users turn complex creative projects into reality.

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Through the folder system, users can easily organize applications, making it easy to manage and navigate, ensuring that projects are orderly. Just right-click on the main screen to create a folder.

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Network Effect

We will explore the importance of the network effect and its central role in shaping the future trajectory of ALCH (alchemistAIapp).

Network effects play a crucial role in the success of digital markets. Google Play Store is a typical example of this phenomenon, and understanding this point also helps us to compare Alch with its pseudo peers (such as virtuals io).

The network effect occurs when the value of a product or service increases as more people use it, forming a self-reinforcing rise and adoption flywheel.

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For digital markets like alchemistAIapp, we can observe a kind of ‘two-sided network effect’, which attracts developers → drives more applications → attracts more users → attracts more developers, and so on.

The special feature of ALCH is that its users are also ‘developers’ because it provides a no-code environment. This makes it both a single-sided market and a double-sided market! Therefore, ALCH can also benefit from the single-side network effect of the Social Web.

In other words, ALCH combines the characteristics of the Social Web and the app store, and has the ability to develop applications with low friction. Let’s take a moment to think about its potential.

However, I would like to point out that this advantage may ultimately become the Achilles’ heel of ALCH. Since applications developed by ordinary users usually have lower utility, the market may eventually be flooded by mediocre and limited utility applications, forming a ‘long tail effect’.

We need to remember that the early stages of market development are crucial, and the emergence of ‘killer applications’ is crucial for initiating network effects. This stage can be understood as the ‘market formation’ stage.

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At this stage, it is most important to have viral applications that stand out - those that serve as catalysts for user adoption. Google Play went through this process, with early hits like ‘Angry Birds’ helping ignite its expansion phase.

Returning to the topic of alchemistAIapp: a key strategic task will be to accelerate the development of catalytic ‘killer applications’— the future ALCH version of ‘Angry Birds’ to kick off its expansion phase.

Make a comparison, AIXBT is appearing on virtualsio, becoming a potential “killer app” - and is starting to attract users and activate the key flywheel of the developer ecosystem.

It is worth noting that the market size of ALCH of alchemistAIapp is much larger than that of virtualsio, reaching billions of users, although the current market mainly serves native cryptocurrency users. Its potential should not be underestimated.

Once ALCH launches its first batch of killer applications, the expansion phase may focus on aggressive marketing strategies, improving incentive mechanisms, introducing new revenue models, expanding distribution channels, and locking super developers on the platform.