Swipe and discover MEET48.
I initially didn't plan to click.
Entertainment projects, I've seen too many.
But when I clicked in to see $IDOL ,
Hmm?
Something feels off.
Let me say one honest thing:
It's already rare to see projects that are truly destroyed.
The second Best7 vote,
it's not just talk,
it's 30% of the voting revenue being directly burned.
The numbers are as follows:
8,698,560 IDOLs
On January 30,
it's already been processed on-chain.
It's not "something will be arranged later,"
it's already gone.
Usually, when I see this step,
I will continue to look further.
Then the data part,
is even more outrageous.
7 days:
TXN 619,000
UAW 356,000
In BSC social dApps:
First in the entire chain in 24 hours,
First in BSC in 7 days.
To put it bluntly,
this is no longer the amount that can be generated by
"fans just showing support."
Many people subconsciously label it:
Fan project?
Entertainment project?
But if you break down the logic:
Does voting require action?
Yes.
Does action count as a transaction?
Yes.
Is there revenue from transactions?
Yes.
Has the revenue been burned?
Yes, and it has already been burned.
This whole set,
is a closed loop.
So now looking at $IDOL ,
I personally wouldn't use "telling a story" to understand it,
It's more like:
Someone is using it → There is data → There is feedback → There is destruction
The rest of the matter,
the market will continue to perform.
I just have one thing to say:
This kind of project,
at least deserves to be watched repeatedly.
$IDOL #IDOL
I initially didn't plan to click.
Entertainment projects, I've seen too many.
But when I clicked in to see $IDOL ,
Hmm?
Something feels off.
Let me say one honest thing:
It's already rare to see projects that are truly destroyed.
The second Best7 vote,
it's not just talk,
it's 30% of the voting revenue being directly burned.
The numbers are as follows:
8,698,560 IDOLs
On January 30,
it's already been processed on-chain.
It's not "something will be arranged later,"
it's already gone.
Usually, when I see this step,
I will continue to look further.
Then the data part,
is even more outrageous.
7 days:
TXN 619,000
UAW 356,000
In BSC social dApps:
First in the entire chain in 24 hours,
First in BSC in 7 days.
To put it bluntly,
this is no longer the amount that can be generated by
"fans just showing support."
Many people subconsciously label it:
Fan project?
Entertainment project?
But if you break down the logic:
Does voting require action?
Yes.
Does action count as a transaction?
Yes.
Is there revenue from transactions?
Yes.
Has the revenue been burned?
Yes, and it has already been burned.
This whole set,
is a closed loop.
So now looking at $IDOL ,
I personally wouldn't use "telling a story" to understand it,
It's more like:
Someone is using it → There is data → There is feedback → There is destruction
The rest of the matter,
the market will continue to perform.
I just have one thing to say:
This kind of project,
at least deserves to be watched repeatedly.
$IDOL #IDOL