MEET48's Web3.0 Idol Event Receives 36.05 Million IDOL Tokens

MEET48, a pioneering community focused on the entertainment sector, has announced the countdown data for the "Web3.0 Annual Global Idol Popularity Final Selection." As of now, a total of 36.05 million IDOL tokens have been received, accounting for 0.75% of the total IDOL supply. The final event is just 2 weeks away.

This event, known as the 1st Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA), marks a significant milestone in the Web3 entertainment field. The IDOL tokens received so far represent a historic record, and it is estimated that by the time of the final results announcement, the tokens consumed will exceed 2% of the total IDOL token supply.

WIPA is a groundbreaking initiative that introduces blockchain mechanisms into the idol selection system on a global scale. This effort is a collaboration between MEET48 and a large-scale youth girl group, forming a global strategic partnership. The final voting is scheduled to close on August 2, 2025, at 4:00 UTC, with the final results to be announced live at the AsiaWorld-Expo Arena.

MEET48's activity Dapp has seen significant on-chain transactions, with 147,150 transactions in the past 30 days and 65,740 unique active wallet addresses. This high level of activity underscores the growing interest and engagement within the community.

Prior to this announcement, MEET48 completed a token private funding round, attracting investments from prominent institutions and individuals, including YZi Labs, Liang Xinjun, Co-founder of Fosun Group, Hash Global, HashKey Capital, and Animoca. The BNB Chain Foundation also purchased $25,000 worth of MEET48's official token IDOL, further validating the project's potential.

This event not only highlights the innovative use of blockchain technology in the entertainment industry but also demonstrates the growing acceptance and integration of Web3.0 technologies in various sectors. The high level of engagement and participation in WIPA reflects the community's enthusiasm and support for this pioneering initiative.