This Week on web3 5min recap

Market information and major news from Feb 1~7.

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,Berachain's Main Net Launch

• BERA's market capitalization soared to $1.5 billion on Thursday following the long-awaited airdrop and mainnet launch

• Genesis total supply of 500 million is allocated as follows

• Approximately 15.8% of the initial 500 million genesis supply of tokens airdropped to Berachain community members, applications and liquidity providers

2,MegaETH Announces ICO via Soulbound NFT Mint

• MegaETH releases tokens through a new form of ICO called The Fluffle, a minting of SBT NFTs

• Minting will take place on February 12, with users minting 10,000 non-transferable NFTs, representing at least 5% of the MegaETH token supply

• 5,000 whitelist spots giving users the right to mintvarious criteria80,000 eligibleWallets are assigned.

3,Ondo Finance Launches RWA-Focused Layer 1 Blockchain

• Ondo Finance, the top RWA protocol by market capitalization, announced several new initiatives this week, including Ondo Chain, the protocol's own Layer 1 blockchain

• Ondo Chain was built specifically for institutional-level RWAs and combines aspects of public and private blockchains, enabling features such as RWA staking for network security and DeFi support for borrowing and lending, as well asas well as run permission validators to prevent unauthorized actions such as MEV front-running.

• Earlier this week, Ondo also announced its Global Markets (GM) tokenization platform

• The GM platform allows issuers to create "more freely transferable tokens, similar to stablecoins.Permissions are built into the distribution layer" to meet compliance obligations