MEET48

MEET48 (IDOL) stands out as a high-potential 'SocialFi' project that successfully merges the massive SNH48 idol fan economy with Web3 and AI utility. The project achieves excellent scores in Market and Use Case (8.5) and Team and Governance (8.5), underpinned by substantial institutional backing (Binance Labs, Animoca Brands) and a functional 'Vote-to-Earn' model that generates organic demand. Community Support (8.2) is exceptional, driven by a dedicated user base actively spending on governance. However, the investment thesis is tempered by Security and Audit History (4.0); while the code is audited, a reported custodial wallet exploit involving ~170 million tokens and a lack of open-source transparency serve as significant cautionary points. Tokenomics (7.8) are solid with deflationary burns, though the low circulating supply implies future inflationary pressure. Overall, IDOL represents a mature product with strong fundamentals, weighted down primarily by operational security risks.