
PANews|Sep 04, 2025 08:58
MEET48 has completed the destruction of 23.47 million IDOL tokens and the repurchase of 169.92 million IDOL tokens
The world's first AIUGC and fan economy ecosystem community, MEET48, which focuses on the entertainment industry, announced the completion of the destruction of 23472000 IDOLs, accounting for approximately 0.489% of the total supply of IDOL tokens and 30% of the total votes cast in the first Web3.0 All Community Annual Idol Popularity Audition&Ceremony (WIPA). The hash for transferring to the black hole address is: 0x048070c7a8b36150ce33b75ade00af8d00c0d2335ef6b402bc72a722d83c833e.
At the same time, MEET48 also completed the repurchase of 169920000 IDOLs, accounting for approximately 3.54% of the total supply of IDOL tokens, and announced the repurchase addresses: 0x23787C1ca6fe2db73740f70b13c6dEF80c1c8521 and 0x5A1d78Bb15E074A085379FBcBAF959CfA7660E50.
Previously, MEET48 was nominated for BNB Chain 2025 Rising Star and Binance Wallet's Top 10 Rise Tokens in Alpha Focus over the past week. The IDOL destruction and repurchase plan aims to reduce overall supply, enhance token value, and further consolidate the community power of MEET48. As an innovative pioneer in the Web3 entertainment industry, MEET48 is reshaping the global idol industry and fan economy through blockchain and AI.
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