MEET48 has burned 30% of the total voting rewards for the second "MEET48Best7" IDOL代币, approximately 8.7 million tokens, further strengthening community power.

BlockBeats News, January 30 — According to the official announcement from MEET48, the world’s first idol fan economy ecosystem based on Web3 architecture and deeply integrated with AI and UGC, 30% of the total voting proceeds from the second “MEET48 Best7: Stage of Light” large-scale voting event, approximately 8.7 million IDOL tokens, have been burned today. This token burn plan aims to reduce the overall supply, enhance token value, and further strengthen the MEET48 community. As an innovative pioneer in the Web3 entertainment industry, MEET48 is reshaping the global idol industry and fan economy through blockchain and AI.

It is reported that in the second “MEET48 Best7,” fans cast a total of 20,342,242 votes for idols, with total voting proceeds of 28,995,200 IDOL tokens, accounting for 0.604% of the total IDOL token supply. The 8,698,560 IDOL tokens burned this time represent 30% of the total voting proceeds of the second “MEET48 Best7” and 0.181% of the total IDOL token supply.

As of the end of the event day, according to DappBay data, MEET48’s activity dApp achieved 619.48K transactions in the past 7 days, with active user addresses (UAW) reaching 356.18K. It became the top-ranked dApp in the BSC ecosystem social track within 24 hours in UAW across the entire chain and ranked first in UAW in the BSC ecosystem over 7 days.