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Top asset management team helps you profit without hassle
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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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MEET48 plans to burn 23.47 million IDOL, accounting for 2.6% of the circulating supply of IDOL.
According to 深潮 TechFlow news, on August 13, the world’s first AIUGC and fan economy ecological community focused on the entertainment sector, MEET48, announced plans to permanently destroy 23,472,000 IDOL, accounting for approximately 0.489% of the total supply of IDOL Tokens and 2.6% of the circulating supply. This IDOL destruction aims to reduce the overall supply, enhance token value, and further strengthen the community power of MEET48.
Previously, MEET48 held the first WEB3.0 Global Idol Annual Popularity Awards (The 1st Web3.0 All-Community Annual Idol Popularity Audition & Ceremony, WIPA) in Hong Kong, collaborating with the large Chinese youth girl group SNH48 GROUP to introduce blockchain mechanisms into the idol selection system for the first time, with a total of over 78 million IDOL Tokens collected, accounting for 1.63% of the total supply of IDOL, setting another historical record for Web3. As an innovative pioneer in the Web3 entertainment industry, MEET48 is reshaping the global idol industry and fan economy through blockchain and AI.