YZi Labs (beforehand Binance Labs), the funding arm of cryptocurrency exchange Binance, has launched that it has invested in MEET48, a decentralized leisure platform that emerged from BNB Chain’s MVB (Most Precious Builder) accelerator program.
This strategic funding targets to poke up MEET48’s enhance and further enrich the Web3-based mostly totally fan journey with digital performances, idol management video games, and physical events.
“We invested in MEET48 consistent with our imaginative and prescient of democratizing fan participation and bringing transparency to idol communities,” YZi Labs’ legitimate shriek read.
Essentially based in 2022, MEET48 permits followers to at present contribute to their current idols’ high-tail. According to the legitimate announcement, the platform offers vote casting and reward mechanisms thanks to the IDOL token integration, while users can label NFTs, participate in digital meetups, and access weird content. MEET48 targets to achieve over 30 million followers through partnerships with Southeast Asia’s biggest idol groups and has plans for world growth.
MEET48 caught the admire of YZi Labs and used to be selected as fragment of BNB Chain’s MVB Season 8 Accelerator Program. This arrangement is stoop in partnership between YZi Labs and CoinMarketCap. The crew behind the platform consists of experts in the sphere, at the side of early Ethereum miner and Harvard dropout Wayne Zhang, CEO Ken Xu, who has over 15 years of journey in the media and movie industry, and CFO Yoshiyuki Oe, a outmoded PwC Strategy advisor.
*That just just isn’t funding advice.
