According to Foresight News, the Web3 entertainment platform MEET48 announced the interim report data for the first Global Idol Annual Popularity Finals (WIPA). As of now, it has accumulated over 21.86 million IDOL, accounting for 0.45% of the total supply. The official forecast indicates that the cumulative consumption will reach 2.33% by the time the final results are announced.
WIPA is an activity that introduces blockchain mechanisms into the idol selection system, jointly initiated by MEET48 and SNH48 GROUP under a global strategic cooperation. The final voting will close on August 2, and the results will be announced at the AsiaWorld-Expo in Hong Kong, China. According to DappRadar data, the on-chain transaction volume of the MEET48 activity Dapp in the past 30 days has reached 117,500 transactions, with the number of active user addresses reaching 70,400.
Previously, MEET48 completed a token round of financing, with investors including YZi Labs, Fosun Group co-founder Liang Xinjun, Hash Global, HashKey Capital, Animoca, and others, and received support from Zhao Changpeng's retweet. The BNB Chain Foundation also announced the purchase of $25,000 worth of IDOL.