This Week on web3 5min recap

Market information and major news from 1/18~24.

Good morning.
Mitsui from web3 researcher.

This is a summary article about the web3 market for the last week.We have gathered information from over 20 national and international media outlets and newsletters and have picked out news from them.Please use it to catch up on information and trends!

💥News Pickup
📊Market &News (L1, L2, DeFi, NFT, GameFi, AI, Other)

💥News Pickup

1,HyperFly, Hyperliquid's DeFAI project, releases closed beta version of resource intensive app.

• AI agents using simple English commands to execute complex trading strategies with Hyperliquid

• Helps you manage trades, receive personalized advice, and execute orders securely

• Priority access to users who are currently active in the Telegram community and hold significant $FLY positions

2,Dragonfly-backed startup Alkimiya bets on Base rollup block space prices DeFi markets

• Alkimiya's smart contracts allow users to long or short the cost of transactions in Layer 2 network-based blocks

• Alkimiya's smart contracts allow users to bet on how the cost of the Base block space will fluctuate due to on-chain events, for example, the introduction of AI agents or the arrival of certain meme coins, NFTs, or airdrops

3,Magic Eden Launches Code-Free NFT Launchpad

• Magic Eden Releases Zero-Commission, No-Code Launchpad Service

• Makes launching an NFT collection easy for artists and communities who want to publish and sell NFTs

• Support for launching with token standards ERC721 and ERC1155

• Prior to the upgrade, Mint Terminal collected mints from third-party platforms such as Zora and Foundation, but after the upgrade, Magic Eden will be able to act as an NFT launch hub in addition to buying, selling and viewing NFTs

• The product will start by providing services to Ethereum, Base, Arbitrum, Polygon, ApeChain, Sei, and Binance Smart Chain (BSC), but after the mainnet launch of the network, compatibility with Abstract, Berachainand Monad will be added after the launch of the network's mainnet.