MEETLabs announced the official launch of DeFishing, the first Web3 P2E 3D fishing game on the GamingFi platform, rolling out on BNB Chain. DeFishing introduces a combined mechanism of POP (Proof of Play) and POS (Proof of Staking), enabling players to earn POP-pool rewards through in-game mining, completing game quests, and participating in activity rankings, while also earning POS rewards through token staking. Alongside the launch, four major official events will go live, including a digital asset package redeemable with airdrop vouchers for GSC (GoldShark Coin) trial funds, and a registration package offering up to 100K GSC in trial funds. An invitation reward program for both inviters and invitees, and a mall first-purchase package with exclusive items will also launch.
GamingFi will adopt a dual-token system and a “deflation + mining” mechanism, consisting of IDOL, the MEET48 governance token, and GFT (GamingFi Token), the platform-wide token with a guaranteed no-additional-issuance policy. In addition, GamingFi has designed a transparent GFT token burn mechanism, regularly publishing the black-hole address and transferring mining-reward GFT tokens into the mining pool to maintain system fairness and token value. GFT has already been listed on DEX, and the model is expected to support a second round of P2E through deflationary dynamics. Looking ahead, the GamingFi platform will release multiple chain-game products, including MonopolyChain, expanding MEET48’s footprint in the Web3 entertainment space and strengthening the IDOL token.
MEETLabs is an innovation lab focused on blockchain technology and the cryptocurrency sector, and also serves as the incubator of MEET48. MEET48 is the world’s first entertainment-focused AIUGC and fan-economy ecosystem community, one of the largest Web3 application project teams globally, with a 500-person technical and R&D team and operations spanning Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai.
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