Cointime

Download App
iOS & Android

MEET48 and Pick48: Revolutionizing the Idol Culture with AI and Web3 Innovations

Validated Individual Expert

MEET48 will be releasing a 3D virtual avatar and content generation tool based on AI technology. Utilizing MEET48’s independently trained AI models, it offers users a diverse set of creative tools, including 3D virtual avatar generation, AI music and audio generator, AI dance generator and AI chat bot companion. It will be a key product for users to produce audio and dance content. Users will have a low-barrier access to MEET48’s creator ecosystem through IdolGPT.

Pick48 is a Web3 game application themed on idol support culture. Users can purchase Pick48 Calling Wands to support their favorite idols and at the same time earn tokens for themselves and their idols. Players can use different Calling Wands and upgrade them to maximize their earnings. Planned integration with IdolGPT will allow users to generate their own virtual idols to compete for support.

MEET48 will also be collaborating with some of the largest traditional media platforms in South East Asia to produce idol competitions. These programs will integrate Web2 with Web3 and allow viewers to watch the shows through mainstream broadcast channels while at the same time allow Web3 users to determine the outcome of the competitions through user activity on the Pick48 game app. For the first time, Web3 gamers will be able to be part of the idol cultivation community.

Both products are expected to launch in the second quarter of 2024.

Comments

All Comments

Recommended for you

  • Russian authorities plan to impose heavy fines on cryptocurrency miners operating in residential apartments

    Russian authorities have proposed imposing huge fines on cryptocurrency miners suspected of operating in residential properties. The authorities may also consider revising the Code of Administrative Offenses to hold those who abuse electricity accountable.

  • TheoriqAI Completes $6.2 Million Super-Seed Round of Financing, Led by Hack VC

    On May 14th, TheoriqAI, a modular AI agent infrastructure, announced on X platform that it has completed a $6.2 million Super-Seed round of financing. Hack VC led the investment, with participation from Foresight Ventures, HTX Ventures, Figment Capital, HASH CIB, Inception Capital, Antalpha Ventures, NewTribe Capital, Stateless Ventures, Bitscale Capital, Construct Ventures, Hypersphere, IOSG Ventures, LongHash Ventures, HashKey Capital, SNZ Holding, Chainlink.

  • Basel banking regulator delays crypto asset rules for banks until 2026

    The Basel Committee on Banking Supervision's governing body, the Group of Central Bank Governors and Heads of Supervision (GHOS), has delayed the compliance deadline for new rules on bank crypto assets by one year. The latest date for the project has been changed to January 1, 2026.

  • LayerZero CEO: Up to 100,000 addresses have been recognized as witches

    LayerZero CEO Bryan Pellegrino stated on social media that up to 100,000 addresses have been identified as witches. Previously reported on May 4th, LayerZero officials stated that all witch users were given a chance to self-report within the next 14 days and those who did would receive an expected distribution of 15%.

  • Niobium, a fully homomorphic encryption chip provider, completes $5.5 million seed round of financing, led by Fusion Fund

    Niobium, a custom encryption chip provider specializing in zero-trust computing, has announced the completion of a $5.5 million seed round of financing, led by Fusion Fund, with participation from Morgan Creek Capital, Rev1 Ventures, Ohio Innovation Fund, and Hale Capital. It is reported that Niobium is building a fully homomorphic encryption (FHE) accelerator chip and will commercialize it. The new funds will be used to explore the commercial applications of FHE in industries such as healthcare, finance, and blockchain, and also plan to showcase the solution and launch pilot projects in the fourth quarter of this year.

  • RunPod Completes $20 Million Seed Round of Financing, Led by Intel Capital and Others

    According to distributed GPU cloud computing AI training model project RunPod announced the completion of a $20 million seed round of financing, jointly led by Intel Capital and Dell Technologies Capital, with participation from Julien Chaummond, Nat Friedman, Adam Lewis and others. RunPod uses global distributed GPU cloud computing services to train, deploy, and scale AI models, thereby reducing the workload of developers. According to its official website, RunPad accepts cryptocurrency payments, but reminds users to strongly recommend setting up a crypto.com account as part of the risk management process and conducting any necessary KYC checks in advance.

  • Kaiko data: Bitcoin miners’ income has dropped sharply, and they may sell BTC to maintain operations

    The latest data from cryptocurrency research and analysis company Kaiko shows that miners are facing huge selling pressure as Bitcoin mining revenue and transaction fees decline. Bitcoin miners' income mainly comes from two aspects: mining rewards and transaction fees. However, affected by the halving of Bitcoin rewards in April (block rewards dropped from 6.25 BTC to 3.125 BTC), miners have to sell Bitcoin to pay for costs. Kaiko researchers pointed out in the report that the halving event usually prompts miners to sell BTC because the mining process requires a lot of expenses.

  • Brazil's trading volume reaches $6 billion in 4 months

    According to Kaiko Research, the correlation between Bitcoin (BTC) and stocks is increasing. After reaching a multi-year low of 0.01 in March, the 90-day correlation rose to 0.17 last week. Based on the company's research report on May 13th, the 90-day correlation between Bitcoin and stocks rose to 0.17 in the week of May 5th, higher than the multi-year low of 0.01 in March. The correlation between BTC and risk assets is lower than the high of 0.6 during the bull market.

  • Ethereum Foundation Announces Open Application for the Fifth Ethereum Protocol Fellowship Program

    On May 14th, the Ethereum Foundation announced that the fifth round of the Ethereum Protocol Fellowship (EPF) program is officially open for applications, with a deadline of May 26th.