YZi Labs ( was formerly Binance Labs) – the investment arm of the Binance exchange – which has just announced a strategic investment in MEET48, a decentralized entertainment platform that emerged from the MVB (Most Valuable Builder) program of BNB Chain.
MEET48 stands out with a model that combines virtual performances, idol management games, and live events, aiming to enhance fan experiences in the Web3 world.
Fans Can Interact Directly Through token IDOL And NFT
MEET48 allows users to vote, receive rewards, and interact with idols through the IDOL token, while also accessing virtual meet-and-greet sessions and exclusive content.
The project aims to reach 30 million users in Southeast Asia by partnering with popular idol groups and is planning to expand to the global market.
YZi Labs asserts that this investment aligns with the vision of “democratizing fan participation and increasing transparency within the idol community.”
Experienced Founding Team, Backed By CoinMarketCap
MEET48 has been selected for MVB Season 8 – an acceleration program co-hosted by YZi Labs and CoinMarketCap.
The team behind the project includes many prominent figures such as Wayne Zhang (, a former Ethereum miner who studied at Harvard), CEO Ken Xu (, who has 15 years of experience in the media industry), and CFO Yoshiyuki Oe (, a former strategic advisor at PwC).
This project not only marks a significant advancement of Web3 in the entertainment industry but also shows that Binance is expanding its investment strategy into areas that can reach millions of mass users.
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YZi Labs ( was formerly Binance Labs) – the investment arm of the Binance exchange – which has just announced a strategic investment in MEET48, a decentralized entertainment platform that emerged from the MVB (Most Valuable Builder) program of BNB Chain. MEET48 stands out with a model that combines virtual performances, idol management games, and live events, aiming to enhance fan experiences in the Web3 world. Fans Can Interact Directly Through token IDOL And NFT MEET48 allows users to vote, receive rewards, and interact with idols through the IDOL token, while also accessing virtual meet-and-greet sessions and exclusive content. The project aims to reach 30 million users in Southeast Asia by partnering with popular idol groups and is planning to expand to the global market. YZi Labs asserts that this investment aligns with the vision of “democratizing fan participation and increasing transparency within the idol community.” Experienced Founding Team, Backed By CoinMarketCap MEET48 has been selected for MVB Season 8 – an acceleration program co-hosted by YZi Labs and CoinMarketCap. The team behind the project includes many prominent figures such as Wayne Zhang (, a former Ethereum miner who studied at Harvard), CEO Ken Xu (, who has 15 years of experience in the media industry), and CFO Yoshiyuki Oe (, a former strategic advisor at PwC). This project not only marks a significant advancement of Web3 in the entertainment industry but also shows that Binance is expanding its investment strategy into areas that can reach millions of mass users.