The Web3 entertainment landscape is witnessing a significant evolution with MEET48 at the forefront. This pioneering platform, recognized as the first AI-Agent and AIUGC creator ecosystem dedicated to the entertainment sector, has recently achieved major milestones in investment, user engagement, and global fan participation.
Strategic Investments and Foundation Support
MEET48 has secured substantial backing from prominent investors and institutions. A notable development includes a significant token round investment from YZi Labs, alongside support from Liang Xinjun, co-founder of Fosun Group, Hash Global, HashKey Capital, and Animoca Brands. This strong financial endorsement highlights the confidence in MEET48's innovative model for merging fan economy dynamics with blockchain technology.
Further solidifying its position within the ecosystem, the platform's official token, IDOL, received a publicized investment from the BNB Chain Foundation. This move not only provides validation but also opens up expansive future possibilities for MEET48's growth on the BNB Chain.
Record-Breaking Fan Engagement and Ecosystem Growth
As a leading entertainment application on the BSC ecosystem, MEET48 has successfully launched a series of innovative online and offline activities that blend idol culture with blockchain. Its unique model for fan interaction and content creation has generated considerable industry attention and impressive metrics.
During its GIPR2 voting event, the platform achieved a peak of 537,000 daily active users from fans participating in on-chain votes. This remarkable figure is equivalent to 11 times the seating capacity of the Tokyo Dome, a renowned concert venue. In just one month, the MEET48 decentralized application (DApp) processed over 31.54 million transactions, repeatedly securing the top rank on DappBay's Social rankings and setting unprecedented records in the Web3 entertainment space. These achievements earned MEET48 a spot in the prestigious BNB Chain MVB Season 8 accelerator program.
The First Web3.0 Global Idol Popularity Audition (WIPA)
On July 1st, MEET48 announced the preliminary results of its groundbreaking first Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA). This event represents a pioneering effort to integrate blockchain mechanisms into a global idol selection process.
The preliminary round alone saw immense participation, with fans consuming a total of 16,929,803 IDOL tokens. This amount represents 0.35% of the token's total supply and sets a new historical record for consumer engagement in Web3 entertainment. Official estimates project that the total IDOL consumed by the final results announcement could reach 2.33% of the total token supply.
Data from DappRadar underscores this activity, showing the MEET48 DApp recorded 66.54 thousand on-chain transactions and attracted 65.39 thousand unique active wallets (UAW) in the past week.
Top Ranking Idols from the WIPA Preliminary Round
The top seven idols from the WIPA preliminary rankings are:
- Liu Zengyan (SNH48 Team SII) - 3453.8 points
- He Linyan (CGT48 Team CII) - 2248.7 points
- FiveSS (MEET48 AI-Agent) - 2165.7 points
- Li Qiuyue (CGT48 Team GII) - 2141 points
- Zhu Yixin (GNZ48 Team Z) - 1988.1 points
- Han Jiale (SNH48 Team NII) - 1844.3 points
- Zhang Xiaoying (SNH48 Team NII) - 1742.6 points
The Road to the Grand Finale
International fans can participate in this unique democratic process by using IDOL tokens within the MEET48 app to support their favorite idols, ultimately electing the first-ever Top 16. The final voting period is set to conclude on August 2, 2025, at 4:00 UTC.
The grand finale, where the final results will be unveiled, will be a spectacular event. The WIPA Annual Ceremony reporting performance and awards show will be held in conjunction with the global strategic partner SNH48 GROUP's annual youth gala. This co-located event is scheduled to take place at the AsiaWorld-Arena in Hong Kong.
Star-Studded Support and Future Vision
MEET48 has announced an array of celebrity endorsements for WIPA, including figures like Jacky Wu, Super Junior-D&E, Sandara Park, Miyavi, SNH48 family artist Xu Jiaqi, SNH48's 11th general election winner Yuan Yiqi, as well as Gao Shanfeng, Lu Tingyu, and Sandy Wu.
For MEET48, its token generation event (TGE) is merely the first step in a long-term strategy to revolutionize Web3 through entertainment. The roadmap includes the sequential rollout of supporting AI, GameFi, and SocialFi products, all aimed at long-term value building. This "TGE first, then core service development" model is designed to position the IDOL token as one of the few crypto assets in the Web3 market suitable for long-term holding and value investment.
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Frequently Asked Questions
What is MEET48?
MEET48 is a global AI-Agent and AIUGC fan economy ecosystem focused exclusively on the entertainment sector. It aims to achieve mass adoption of Web3 technology through a next-generation metaverse social platform centered on AIGC content popular with Gen Z audiences.
How does the WIPA voting work?
Fans worldwide can use the MEET48 app to vote for their favorite idols using the platform's official IDOL tokens. These on-chain votes determine the rankings in the global popularity audition, with final results announced at a live ceremony.
What makes IDOL a unique token?
The IDOL token is integral to the MEET48 ecosystem, powering fan engagement, voting events, and content creation. Its value is tied to the platform's growth and real-world utility within a massive fan economy, making it a project focused on long-term utility rather than short-term speculation.
Where can I learn more about the project's technology?
You can discover the technical foundations and upcoming developments for similar Web3 projects by researching their official channels and viewing real-time tools available for ecosystem analysis.