Breaking the Mass Adoption of Web3 in Entertainment: MEET48’s Fan Economy Ambitions

Featured in:
abcd

Singapore, Singapore, August 23, 2024, Chainwire

In 2007, Japanese virtual idol Hatsune Miku debuted with synthesized voice technology, establishing the UGC model in the virtual idol industry. By 2012, her success led to the creation of more virtual idols, with organizations such as Japan’s Hololive and Korea’s PLAVE adopting the PGC model, using motion capture and real-time rendering.

sadasda

However, the PGC model faces challenges such as high costs, leisurely content creation, and circumscribed creativity. AI, Metaverse, and Web3 technologies offer a novel approach, emphasizing UGC. This shift gives users more freedom to create and share content, leading to a more open and inclusive virtual idol ecosystem.

MEET48 is an example of this novel direction, integrating these technologies to support user participation and creativity.

MEET48: Demolishing Traditional Virtual Idols

While MEET48 may be novel to some, its association with the well-known girl group SNH48 highlights its potential. SNH48’s annual election brought in RMB 110 million, showing the forceful bond between fans and idols. MEET48 adopts the successful “48 Group idols” model, allowing fans to actively participate in the idols’ development, cultivating a cohesive fan culture and generating high profits with minimal investment.

MEET48 has rented an entire street in Lan Kwai Fong, Hong Kong

MEET48 has made significant inroads into the Web3 industry, including renting a street in Hong Kong’s Lan Kwai Fong for promotions. The project has expanded its ecosystem with initiatives such as the CoinIdols airdrop on TON and the CoinFish project, which aims to attract fans of idol culture through various channels.

AI + UGC Creates New Era of Virtual Idol Prosperity

AI-generated content is crucial to overcoming industry challenges facing virtual humans, as inconsistent content and high production costs have hindered their development. For example, Lehua Entertainment spent 30 million yuan on ByteDance technology to revitalize its A-SOUL group.

MEET48 uses a self-developed, multi-modal gigantic model to train virtual humans in music and dance, offering AI tools and MaaS editors for basic creation, which shows its core competitiveness. MEET48’s COO mentioned that their model is trained on 500TB of data, almost 1000 times more than the 570GB used for GPT-3, which shows MEET48’s extensive data resources.

There is no similar gigantic vertical model on the market; MEET48 has developed IdolGPT and SRMBuilder, allowing users to generate virtual idols from photos and create songs and dances via text input.

MEET48 launches a next-generation UGC virtual idol community that combines virtual humans and AIGC music and dance technology with MaaS services spanning Web2.0 and Web3.0. It offers tools and resources for UGC and PGC creators while supporting UGA and PGA content creation. The MEET48 social metaverse promotes virtual humans and real idols native to Web3.0.

With over 24,000 UGC videos uploaded and over 10 million views, MEET48’s fan-powered UGC system is flourishing. Fans can become “idol creators” and “partners” by realizing their idol dreams in the MEET48 metaverse.

WEB3 + Fan Economy: New Hope (OTC:) for Widespread Adoption

The Web3 industry needs a “killer app” for mass adoption, as many protocols reach a growth rate of around 100,000 users. MEET48, leveraging SNH48 Group’s 30 million fan base, has the potential to break through that. If just 1% of those fans become busy users, MEET48 could dominate the Web3 market. With 50,000 daily busy users, mass adoption is within reach.

MEET48’s Web3 wallet and platform offers a see-through, on-chain voting system. Fans earn points for their actions that can be redeemed for NFT voting tickets, ensuring transparency and immutability. The Dapp ranks first in DappBay’s social category, with over 3 million registered users in the “2024 GIPR2” voting event, revolutionizing conventional voting with blockchain-registered fan support.

In 2025, MEET48 plans to integrate SNH48 idols and hold a global idol voting in Hong Kong, thus connecting virtual and real idols and ushering in a novel era in the idol industry.

MEET48 recently expanded internationally by opening offices in Japan. On August 27, MEET48 will co-host the official WebX opening event, featuring performances by SNH48 and popular Japanese idols. On September 4, MEET48 will sponsor SNH48’s TOP16 tour in Tokyo, promoting the global strategy of the virtual idol and Web3.

Additionally, MEET48 will co-host the “Back To The Streets” event in Singapore during the Token2049 conference on September 18, and will participate as a platinum sponsor, highlighting its role in the Web3 ecosystem.

Using Web3 and AI, MEET48 is poised to revolutionize the entertainment industry. In the near future, user-created virtual idols will compete in voting contests to become the top idols, eventually sharing the stage with real idols in a metaverse that connects the virtual and real worlds.

About MEET48

MEET48 aims to drive mass adoption of Web3 technologies by focusing on an artificial intelligence (AI)-driven UGC content ecosystem centered around AIGC entertainment content for Gen Z, with a graphical and smart social metaversal foundation.

Website: https://www.meet48.xyz/

Twitter (X): https://x.com/meet_48

Message: https://t.me/MEET_48

Discord:https://discord.gg/meet48

ContactMarketing DirectorSiyu YangMEET 48siyu@meet48.com

This article was originally published on Chainwire

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

0 Shiba Inu in 24 Hours, Satoshi Era Bitcoin...

U.Today – Check out the top three stories of the past weekend from U.Today. 0 (SHIB) in 24...

Breakout of XRP $0.60 Triangle Could Trigger Parabolic Rally...

This article is also available in Spanish. XRP is trading at a key juncture after several days of...

LO:TECH Launches Fresh MMaaS Platform for Token Liquidity with...

London, UK, September 23, 2024, Chainwire The novel MMaaS platform provides token projects and protocols with real-time...

Polygon (MATIC) comes back from the dead as ascending...

This article is also available in Spanish. The price of Polygon (MATIC) has seen repeated price declines in...

Former Hamster Kombat Co-Founder Reveals Game-Changing Up-to-date Difficult Fork:...

Beijing, China, September 23, 2024, Chainwire In a up-to-date development for the gaming and cryptocurrency community, the...

SUI Eyes Potential Downside as RSI Flashes Warning: $1.4...

The SUI’s impressive upward momentum appears to be losing steam as technical indicators point to a potential...