What is MEET48 (IDOL)?

Deep Dive

1. Purpose & Value Proposition

MEET48 reimagines the $30B idol industry by letting fans directly influence idol careers through blockchain. Built with SNH48 (Asia’s largest idol group), it tokenizes fan engagement:
- Vote-to-Earn: Fans use $IDOL to vote in rankings (e.g., 78M+ tokens spent in August 2025’s WIPA event) (MEET48).
- AI Idols: Users create AI-powered virtual idols via MEET48.ai, which compete with real performers for fan support.

2. Technology & Ecosystem

The platform combines:
- Mars Protocol: A BSC-based launchpad for idol-themed meme coins and AI-agent tokens.
- AuditionsGO: A music-dance game with a “vertical LLM” for dynamic AI-generated choreography.
- Metaverse: Virtual land ownership, in-game item crafting, and SocialFi/GameFi mechanics.

3. Tokenomics & Governance

$IDOL’s 4.8B supply (21.8% circulating) balances utility and scarcity:
- Burns: 23.47M tokens (2.6% of circulating supply) burned post-August 2025 event (MEET48).
- Security: 3% of team tokens allocated to a security fund after a July 2025 exploit.
- Governance: Fans steer idol promotions and platform upgrades via token-weighted votes.

Conclusion

MEET48 positions $IDOL as a bridge between entertainment fandoms and Web3 economies, leveraging AI creativity and tokenized participation. While its hybrid model introduces novel engagement layers, can it sustainably balance speculative token dynamics with genuine fan-driven value creation?