According to Foresight News, the Web3 entertainment platform MEET48 has announced the mid-term data for its first Global Idol Annual Popularity Final Selection (WIPA), with over 21.86 million IDOL tokens collected so far, accounting for 0.45% of the total supply. The official estimates that the cumulative consumption will reach 2.33% when the final results are announced.
WIPA is an event that introduces blockchain mechanisms into the idol selection system, jointly initiated by MEET48 and SNH48 GROUP through a global strategic cooperation. The final voting will end on August 2, with results to be announced at the Asia World-Expo in Hong Kong, China. According to DappRadar data, MEET48's activity Dapp has seen 117,500 on-chain transactions in the past 30 days, with 70,400 active user addresses.
Previously, MEET48 completed a token financing round, with investors including YZi Labs, Fosun Group co-founder Liang Xinjun, Hash Global, Hashkey Capital, Animoca, and others. CZ has also reposted in support, and the BNB Chain Foundation announced the purchase of $25,000 worth of IDOL tokens.
