Today, 30% of the total voting income in IDOL tokens from the second large-scale voting event, MEET48 Best7: Stage of Light, was burned, totaling approximately 8.7 million tokens. This token burn aims to reduce overall supply, enhance token value, and further solidify the strength of the MEET48 community. MEET48 positions itself as an innovator in Web3 entertainment, reshaping the global idol industry and fan economy through blockchain and AI.
During the second MEET48 Best7, fans cast 20,342,242 votes for idols, generating total voting income of 28,995,200 IDOL tokens, or 0.604% of the total IDOL token supply. The 8,698,560 IDOL tokens burned this time represent 30% of the total voting income from the event and about 0.181% of the total IDOL token supply. These burn and voting dynamics are designed to strengthen the MEET48 community and align incentives with long-term tokenomics.
As of the final day of the event, data from DappBay show MEET48’s event dApp recorded 619,480 transactions over the past seven days, with 356,180 active addresses. It ranked first across all chains in 24-hour UAW among social dApps in the BSC ecosystem and led 7-day UAW rankings within the BSC ecosystem.
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