diff --git a/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md b/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md index d2f0ecf9..ace04ff7 100644 --- a/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md +++ b/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md @@ -107,7 +107,7 @@ Through Q4 2025, MetaDAO hosted 8 total ICOs raising $25.6M from $390M in commit P2P.me ICO targeting $6M at $15.5M FDV represents a stretched valuation case (182x gross profit multiple) that tests whether MetaDAO's futarchy governance can correctly filter overpriced deals. Pine Analytics identifies fundamental concerns: $82K annual gross profit, plateaued user growth since mid-2025, and 50% liquid float at TGE creating FairScale-style liquidation risk. The outcome (pass/fail after March 26, 2026) will provide evidence on whether community judgment overrides analyst signals or whether futarchy markets correctly price stretched valuations. ### Additional Evidence (extend) -*Source: [[2026-03-23-telegram-m3taversal-futairdbot-what-are-people-saying-about-the-p2p]] | Added: 2026-03-24* +*Source: 2026-03-23-telegram-m3taversal-futairdbot-what-are-people-saying-about-the-p2p | Added: 2026-03-24* P2P.me launch expected to show 'big commitment numbers that compress hard on pro-rata allocation' according to @m3taversal, suggesting the oversubscription pattern continues beyond initial MetaDAO launches. This indicates sustained demand rather than novelty-driven early adoption.