YZi Labs has announced a strategic investment in MEET48, a Web2+Web3 “idol economy” platform that combines virtual idols, blockchain-based fan participation, and real-world events. The deal stems from MEET48’s selection into BNB Chain’s MVB (Most Valuable Builder) Season 8 accelerator, which YZi Labs co-runs, and is framed as part of YZi’s focus on Web3, AI, and fan-centric entertainment. MEET48, founded in 2022, uses its native IDOL token to let fans vote on idol rankings, earn NFT rewards, join virtual meet-and-greets, and access premium content, shifting influence from traditional agencies toward fan communities. The new funding is intended to scale MEET48’s decentralized fan ecosystem across Asia and beyond, including idol hopeful programs in Japan, Malaysia, South Korea and other markets. It will support expanded idol ranking campaigns, co-branded fan events, AI-powered virtual idol performances, and a marquee Web3 Idol voting and performance gala in Hong Kong on 2 August 2025, expected to feature more than 300 idols and guests. By pairing on-chain voting, NFTs, and game-like engagement with both virtual and live events, the partnership aims to make MEET48 a leading Web3 entertainment hub for an audience the project estimates at over 30 million existing idol fans through major Asian idol IP partnerships.

AI-generated background, compiled from web sources — not editorial content.

More coverage

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…