Understand @MEET_48 ( $IDOL) TGE value at a glance

Claim Index: ☆☆☆☆☆ (0/5)

Price Prediction: Unknown

Because key information such as $IDOL's total supply, initial circulating amount at TGE, and public sale price has not been fully disclosed.

Since this is my first time giving a score of 0 (of course, if Binance is willing to spend a lot of money to slap me in the face, I have nothing to say), I’ll start with the drawbacks.

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Drawbacks:

1. Insufficient disclosure of core token economics:

I mean, there is no specific distribution ratio regarding $IDOL token's total supply, team holdings, early investor shares, ecological fund, treasury, etc., as well as detailed lock-up and linear unlocking timeframes for these shares,

there is not a single one!

It is impossible to assess the long-term value and initial potential selling pressure of the token.

2. Sustainability of the fan economy:

Although SNH48 has 30 million fans (reportedly), the project's daily active users are astonishing, but it is difficult to assess how many of the actual participants are real fans. Moreover, the project is deeply tied to SNH48, and any decision-making issues with the group will have a huge impact on the token price.

Also, I mean, the contract is not signed by AKB48_staff, but by NH48_Global, the gap between the two is not small at all. SNH48 fans are all locals, which means that while local fans might cut each other, those abroad won't get even a single piece; it's just locals cutting locals.

3. Planning and execution of the Roadmap:

MEET48 has planned a huge ecosystem including the Metaverse, multiple games, AI creative tools, Mars Protocol, etc., the vision is incredibly grand.

4. Low quality of promotion:

I won't even mention how bad the early promotion was, the interactions on X are basically in single digits, and the videos posted seem to be from QQ Dance.

When Binance announced it would be listed on alpha, they also found a bunch of KOLs on X to hold a lottery, trying to pull the last wave of hype, it feels like they are at the end of their rope.

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Advantages:

1. Endorsement by top investors:

Completed a $100 million valuation token round financing in April this year, led by HashKey Capital, Hash Global, with participation from well-known institutions like Animoca Brands.

In the end, while the token does not look promising, the girls are still good-looking and worth a closer look.