MEET48 has completed the burning of 23.47 million IDOL tokens and the buyback of 169.92 million IDOL tokens, further strengthening community empowerment.

By: theblockbeats.news|2025/09/04 17:42:25

BlockBeats News, September 4th, the world's first AIUGC focusing on the entertainment sector and the fan economy ecosystem community MEET48 announced the completion of the burning of 23,472,000 IDOL tokens, accounting for approximately 0.489% of the total IDOL token supply and 30% of the total votes in the first Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA). The hash of the transaction to the black hole address was revealed: 0x048070c7a8b36150ce33b75ade00af8d00c0d2335ef6b402bc72a722d83c833e.

At the same time, MEET48 also completed a buyback of 169,920,000 IDOL tokens, approximately 3.54% of the total IDOL token supply, and disclosed the buyback addresses: 0x23787C1ca6fe2db73740f70b13c6dEF80c1c8521 and 0x5A1d78Bb15E074A085379FBcBAF959CfA7660E50.

Previously, MEET48 was nominated for the BNB Chain 2025 Annual Award Rising Star and was among the Top 10 Rise Tokens in Binance Wallet's Alpha Focus in the past week. The IDOL burning and buyback plan aims to reduce the overall token supply, enhance token value, and further strengthen MEET48's community power. As an innovative pioneer in the Web3 entertainment industry, MEET48 is reshaping the global idol industry and fan economy through blockchain and AI.

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.