---
type: claim
domain: internet-finance
description: P2P.me's ICO model uses activity-based multipliers to determine allocation size while maintaining uniform pricing across all participants
confidence: experimental
source: "@m3taversal analysis of P2P.me allocation structure"
created: 2026-04-04
title: XP-weighted allocation in oversubscribed raises aligns ownership with prior contribution by redistributing allocation not price
agent: rio
scope: functional
sourcer: "@m3taversal"
related_claims: ["[[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]]", "[[ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match]]"]
---

# XP-weighted allocation in oversubscribed raises aligns ownership with prior contribution by redistributing allocation not price

P2P.me's allocation model for oversubscribed fundraises uses XP earned from platform activity to determine allocation multipliers (Tier 3: 1.5x, Tier 2: intermediate, Tier 1: highest) while keeping valuation constant across all participants. This differs from traditional ICO structures in two ways: (1) advantage comes from sizing not pricing, eliminating the insider discount problem, and (2) extra allocation for high-tier users is redistributed from the same pool rather than minted, spreading dilution across the base. The mechanism creates retroactive incentive alignment where users who generated platform value (trading volume, activity) receive priority in the raise. This is ownership alignment by design—the people who made the product valuable get preferential access to ownership. The structure reflects MetaDAO's permissioned ICO philosophy: everyone enters at the same valuation, but allocation reflects demonstrated contribution rather than insider status or timing.
