TechFlow news, on July 27, MEET48—the world's first Web3.0 AI-Agent and AIUGC creator and fan economy community dedicated to entertainment—released the one-week countdown results of the 1st Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA).
As of the one-week WIPA countdown, over 48.25 million IDOL tokens had been collected, accounting for 1.01% of the total IDOL supply, setting a historical record in the Web3 entertainment sector. According to official MEET48 announcements, the total amount of IDOL consumed by the time of WIPA’s final results is expected to exceed 2% of the total supply. Data from DappRadar shows that MEET48’s event DApp recorded 145.25k on-chain transactions and reached 58.82k unique active wallet addresses (UAW) over the past 30 days.
WIPA marks the world’s first pioneering attempt to introduce blockchain mechanisms into an idol selection system. MEET48 has formed a global strategic partnership with SNH48 GROUP, China’s major youth female idol group. Final voting will officially close on August 2, 2025, at 04:00 UTC, with the results announced live at AsiaWorld–Arena in Hong Kong, China.
Previously, MEET48 announced the completion of its token sale fundraising round, attracting investments from leading institutions and individuals including YZi Labs, Liang Xinjun—co-founder of Fosun Group, Hash Global, HashKey Capital, and Animoca. The BNB Chain Foundation also publicly announced its purchase of $25,000 worth of MEET48’s official token, IDOL.
