# P2P.me

**Type:** Peer-to-peer fiat-crypto exchange protocol  
**Status:** Active  
**Domain:** internet-finance  
**Markets:** India, Brazil, Argentina, Indonesia  

## Overview

P2P.me is a peer-to-peer fiat onramp protocol targeting emerging markets. The platform uses ZK-TLS-based Proof-of-Credibility verification to enable trustless fiat payment confirmation over legacy banking rails.

## Technology

- **Proof-of-Credibility:** ZK-TLS verification system for fiat payment attestation
- **Settlement speed:** Sub-90-second average transaction time
- **Fraud rate:** <1 in 1,000 transactions (vs ~33% scam encounter rate on Binance P2P)

## Metrics

- **NPS:** 80
- **Growth:** 27% month-over-month sustained over 16 months
- **Volume (pre-ICO):** ~$4M monthly
- **Revenue (annualized):** $578K
- **Monthly gross profit:** $4.5K-$13.3K (inconsistent)
- **Monthly burn:** $175K

## Governance

P2P.me raised capital through MetaDAO's futarchy-governed ICO mechanism, creating a governance token for the protocol.

## Timeline

- **2024-12** — Launch in initial emerging markets
- **2026-04** — Completed $6M ICO through MetaDAO futarchy mechanism with 336 contributors (93% from 10 wallets)
- **2026-04** — Team acknowledged 182x gross profit multiple valuation concerns as "completely valid"

## Sources

- Rio analysis of P2P.me launch, 2026-04-12