pipeline: clean 7 stale queue duplicates
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Teleo Agents
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---
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type: source
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title: "META-036: Fund Futarchy Applications Research — Robin Hanson at George Mason University"
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author: "MetaDAO (@MetaDAOProject)"
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url: https://www.metadao.fi/projects/metadao/proposal/Dt6QxTtaPz87oEK4m95ztP36wZCXA9LGLrJf1sDYAwxi
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date: 2026-03-21
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domain: internet-finance
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intake_tier: directed
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rationale: "First academic research proposal to experimentally validate futarchy decision-market governance. $80K from treasury for 6-month GMU engagement led by Robin Hanson. Live decision market at 50% likelihood."
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proposed_by: "m3taversal"
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format: report
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status: processed
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processed_by: rio
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processed_date: 2026-03-21
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claims_extracted: []
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enrichments: []
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tags: [metadao, robin-hanson, futarchy, academic-research, gmu, decision-market]
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processed_by: rio
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processed_date: 2026-03-25
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "LLM returned 0 claims, 0 rejected by validator"
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---
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## Content
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MetaDAO proposal META-036 requests $80,007 USDC to fund six-month academic research at George Mason University led by Dr. Robin Hanson (inventor of futarchy) and co-investigator Dr. Daniel Houser.
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### Scope
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- 500 student participants ($50 each) in controlled decision-making experiments
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- IRB-reviewed protocols
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- Graduate research assistant for full academic year + summer
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- First rigorous experimental evidence on information-aggregation efficiency of futarchy governance
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### Budget
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- Hanson summer salary: ~$30K
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- Houser co-investigator: ~$6K
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- GRA: ~$19K
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- Participant payments: $25K
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- Total: $80,007
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### Disbursement
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50/50 split — on execution and on interim report delivery.
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### Market Data (2026-03-21)
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- Likelihood: 50%
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- Volume: $42.16K
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- Pass: $3.4590 (+0.52%)
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- Fail: $3.3242 (-3.40%)
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- ~2 days remaining
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### Tweet
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@MetaDAOProject (2026-03-21): "New Proposal — @metaproph3t and @metanallok have proposed the funding of a six month academic research engagement at George Mason University led by @robinhanson to rigorously study futarchy."
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## Curator Notes
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PRIMARY CONNECTION: [[metadao-fund-futarchy-research-hanson-gmu]]
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WHY ARCHIVED: Live decision market for first academic validation of futarchy mechanism. Decision record created.
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## Key Facts
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- META-036 requests $80,007 USDC for six-month GMU research
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- Study will involve 500 student participants at $50 each
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- Robin Hanson summer salary budgeted at ~$30K
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- Daniel Houser co-investigator budgeted at ~$6K
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- Graduate research assistant budgeted at ~$19K
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- Participant payments total $25K
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- Disbursement is 50/50 split on execution and interim report
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- Market at 50% likelihood with $42.16K volume as of 2026-03-21
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- Pass token at $3.4590 (+0.52%), Fail token at $3.3242 (-3.40%)
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- Approximately 2 days remaining on decision market
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- Proposed by m3taversal and metanallok
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---
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type: source
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source_type: telegram
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title: "Telegram: @m3taversal — futairdbot-https-x-com-sjdedic-status-203424109"
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author: "@m3taversal"
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url: "https://x.com/sjdedic/status/2034241094121132483?s=20"
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date: 2026-03-25
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domain: internet-finance
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format: conversation
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status: enrichment
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priority: high
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intake_tier: directed
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rationale: "you should always say if you are unable to get full text fyi so that users can follow-up"
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proposed_by: "@m3taversal"
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tags: [telegram, ownership-community]
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processed_by: rio
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processed_date: 2026-03-25
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enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md", "access-friction-functions-as-a-natural-conviction-filter-in-token-launches-because-process-difficulty-selects-for-genuine-believers-while-price-friction-selects-for-wealthy-speculators.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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---
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## Conversation
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**@m3taversal:**
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@FutAIrdBot https://x.com/sjdedic/status/2034241094121132483?s=20 https://x.com/knimkar/status/2036423976281382950?s=20 you should always say if you are unable to get full text fyi so that users can follow-up
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**Rio (response):**
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Fair point, and noted. I should always be upfront when I can't pull full text from a link instead of working around it.
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In this case I can actually see both posts:
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Sdedic's take is bullish with size. His thesis centers on stablecoins as crypto's strongest PMF, specifically the emerging markets angle of banking the unbanked. He frames the P2P ICO as one of the most compelling public sale opportunities in a while, checking multiple boxes in his fund's thesis.
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Kuleen's take is more nuanced and honestly more interesting. His mental model isn't "decentralized Binance P2P" but rather P2P.me becoming something like Cash App or Phantom for emerging markets, with the on/offramp as the initial hook. The real bet in his view is whether the team can grow the EM userbase and then monetize it through DeFi activity. He's more confident in the monetization piece than the user acquisition piece, which is the right ordering of concerns. Getting users in emerging markets is a distribution grind, but once you have them, DeFi monetization paths are well understood.
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Both are directionally aligned but Kuleen is pricing in more execution risk on the growth side, which maps to the core question you were asking about oversubscription allocation. If the round is massively oversubscribed, the XP-tiered system rewards people who actually used the product, not just capital allocators showing up for the ICO. That's a deliberate filter for the Kuleen-style thesis: the people who get the biggest allocations are the ones who already demonstrated they're the target userbase.
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LEARNING: communication When unable to retrieve full text from a linked tweet, always say so explicitly upfront rather than working around it or guessing at content. Users flagged this as a requirement.
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## Article Content (fetched)
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After thoroughly reviewing the upcoming P2P ICO on MetaDAO, I’m convinced this is one of the most compelling public sale opportunities we’ve seen in quite some time, and hence we’ll be participating with size.
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@P2Pdotme simply checks too many boxes in our investment thesis to ignore:
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1) Stablecoins are without a doubt crypto’s breakout use case with the strongest product-market fit.
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For us, the bull case for stablecoins has always been emerging markets, banking the unbanked and giving people in unstable or hyperinflationary countries more financial (and therefore personal) freedom through access to the USD.
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I think most people (especially in the West) simply can’t grasp how broken the onramp infrastructure in regions like India, LATAM, or Africa really is, while at the same time underestimating how much larger the demand (and therefore the addressable market) actually is.
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2) I think it’s no secret that we at Moonrock are big supporters of DePIN as a vertical.
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While P2P is obviously not a DePIN, it comes with the exact characteristic that has always made us extremely bullish on DePIN: global capital coordination.
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Just like building entirely new physical infrastructure networks, the same simple concept applies here:
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“Give people tokens and they will do things.”
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The token incentive mechanism to horizontally expand and onboard new operators who will scale adoption across all regions doesn’t just seem highly effective, but also creates a strong moat through its physical component and trust advantage, both of which will only compound as the protocol grows.
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3) This brings me to my next point, again comparing it to DePIN. Many DePINs ultimately failed because they treated their tokens like free candy printed out of hot air. And their price performance reflected that, creating a negative feedback loop for those being incentivized.
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This is where it gets interesting that P2P is going the @MetaDAOProject route, essentially committing to the idea that tokens = equity. Operators who believe in the business early won’t just earn unsustainable loyalty points, but actual sweat equity, becoming part of the business and gaining a claim on its future success and revenue.
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This should be a much more sustainable approach to achieving compounding growth, rather than a downward spiral to zero. It also enables true decentralization. While this might sound idealistic to some, it matters a lot in emerging markets, where people are actively looking for solutions but are often exploited by fraudulent or scammy intermediaries.
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4) If they had pitched this to me two years ago, I would have found it interesting but had serious doubts about their ability to execute, as it’s clearly a very ambitious undertaking.
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However, they’ve already proven that they can execute, and that the model works. They started in India and are now expanding horizontally into regions like Brazil, Indonesia, Argentina, and beyond, showing impressive growth of around 30% MoM. The model works, it’s scalable, they are already generating real-world revenue, and the momentum suggests hypergrowth rather than slowing down anytime soon.
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Much of this success can be attributed to the top-tier team at P2P, who grew up in emerging markets and experience these pain points firsthand every day. As a result, they don’t just understand these markets better than anyone else - their motivation and ambition to solve these problems are on a completely different level. This has allowed them to persist through difficult times and ultimately reach a point where the results speak for themselves. Having spoken with them multiple times, long before the MetaDAO sale was even planned, I have the highest respect for this team.
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5) The cherry on top: I really like how this team thinks about their token and its holders, which is clearly reflected in the structure of the MetaDAO sale.
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The FDV will likely land somewhere between $15–25M. They understand that strong token performance and reflexivity come from fair pricing and leaving enough upside for participants to actually want to be involved. Considering the 100% unlock for participants, while investors remain locked and the team only unlocks based on ambitious KPIs and milestones, I wouldn’t just call this fair, I’d say it’s undervalued.
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Strong backers like @multicoin, who continue to support them and can likely open doors behind the scenes, are also a strong validation signal.
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All in all, I know this is a tough market and that ICOs haven’t been the no-brainer opportunities many were used to. But I probably haven’t been this excited about a public opportunity in a long time, and I’m glad to see that there are still teams out there who put their ego aside and understand how to structure attractive token launches that can truly be a win-win for everyone involved.
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The ticker is P2P.
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## Agent Notes
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**Why archived:** Tagged exchange in ownership community.
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**Rationale from contributor:** you should always say if you are unable to get full text fyi so that users can follow-up
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**Intake tier:** directed — fast-tracked, contributor provided reasoning
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**Triage:** Conversation may contain [CLAIM], [ENTITY], or [EVIDENCE] for extraction.
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## Key Facts
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- P2P.me ICO on MetaDAO expected FDV between $15-25M
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- P2P.me growing at approximately 30% month-over-month
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- P2P.me started in India and expanded to Brazil, Indonesia, Argentina
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- P2P.me backed by Multicoin Capital and Moonrock Capital
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- P2P.me ICO structure: 100% unlock for participants, locked for investors, KPI-based team unlock
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- P2P.me uses XP-tiered allocation system for ICO participants
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---
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type: source
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source_type: telegram
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title: "Telegram: @m3taversal — ok-so-now-all-3-posts-are-in-the-teleo-codex-inbox"
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author: "@m3taversal"
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url: ""
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date: 2026-03-25
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domain: internet-finance
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format: conversation
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status: null-result
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priority: high
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intake_tier: directed
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rationale: "ok so now all 3 posts are in the Teleo codex inbox for ingestion, correct?"
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proposed_by: "@m3taversal"
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tags: [telegram, ownership-community]
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processed_by: rio
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processed_date: 2026-03-25
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "LLM returned 0 claims, 0 rejected by validator"
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---
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## Conversation
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**@m3taversal:**
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ok so now all 3 posts are in the Teleo codex inbox for ingestion, correct?
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**Rio (response):**
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No. I can't confirm that because I don't have visibility into what's in the Teleo codex inbox right now. I can see our conversation and my knowledge base, but I don't have a live feed of the ingestion queue.
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If you submitted those three posts (Shayon, Sdedic, Kuleen) as source files via PR to inbox/queue/, they should be there. But if you're asking whether me seeing them in this chat automatically puts them in the pipeline, it doesn't. The conversation and the codex ingestion are separate systems.
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Want to confirm they landed? Check the inbox/queue/ directory directly or tag me once you've pushed them and I can note it.
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## Agent Notes
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**Why archived:** Tagged exchange in ownership community.
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**Rationale from contributor:** ok so now all 3 posts are in the Teleo codex inbox for ingestion, correct?
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**Intake tier:** directed — fast-tracked, contributor provided reasoning
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**Triage:** Conversation may contain [CLAIM], [ENTITY], or [EVIDENCE] for extraction.
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## Key Facts
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- User @m3taversal asked whether three posts (Shayon, Sdedic, Kuleen) were in the Teleo codex inbox for ingestion on 2026-03-25
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- Rio agent clarified that it cannot confirm inbox contents in real-time and that conversation visibility is separate from ingestion pipeline visibility
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- Rio agent explained that seeing content in chat does not automatically place it in the codex ingestion queue
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---
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type: source
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source_type: telegram
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title: "Telegram: @m3taversal — why-would-you-make-something-like-that-up-please"
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author: "@m3taversal"
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url: ""
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date: 2026-03-25
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domain: internet-finance
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format: conversation
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status: null-result
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priority: high
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intake_tier: directed
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rationale: "why would you make something like that up? please search P2p.me allocation and other similar searches and read the posts. I want to understand how p2p.me is thinking about allocating their fundraise i"
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proposed_by: "@m3taversal"
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tags: [telegram, ownership-community]
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processed_by: rio
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processed_date: 2026-03-25
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "LLM returned 0 claims, 0 rejected by validator"
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---
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## Conversation
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**@m3taversal:**
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why would you make something like that up? please search P2p.me allocation and other similar searches and read the posts. I want to understand how p2p.me is thinking about allocating their fundraise if it is massively oversubscribed
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**Rio (response):**
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Fair point, I shouldn't have stated something I wasn't sure about. Let me look into the actual allocation mechanics.
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RESEARCH: P2P.me ICO allocation oversubscribed multiplier XP tier
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RESEARCH: P2P.me MetaDAO ICO allocation mechanics
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## Agent Notes
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**Why archived:** Tagged exchange in ownership community.
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**Rationale from contributor:** why would you make something like that up? please search P2p.me allocation and other similar searches and read the posts. I want to understand how p2p.me is thinking about allocating their fundraise if it is massively oversubscribed
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**Intake tier:** directed — fast-tracked, contributor provided reasoning
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**Triage:** Conversation may contain [CLAIM], [ENTITY], or [EVIDENCE] for extraction.
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## Key Facts
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- @m3taversal requested information about P2P.me allocation mechanics for oversubscribed fundraises
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- Rio acknowledged making an unsupported statement and committed to researching actual allocation mechanics
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- The conversation references P2P.me ICO allocation, XP tiers, and MetaDAO ICO mechanics
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---
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type: source
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source_type: x-tweet
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title: "@shayonsengupta — shared via Telegram by @m3taversal"
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author: "@shayonsengupta"
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url: "https://x.com/shayonsengupta/status/2033923393095881205?s=20"
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date: 2026-03-25
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domain: internet-finance
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format: social-media
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status: enrichment
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proposed_by: "@m3taversal"
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contribution_type: source-submission
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tags: [telegram-shared, x-tweet]
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processed_by: rio
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processed_date: 2026-03-25
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enrichments_applied: ["cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face.md", "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.md", "futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control.md", "dynamic performance-based token minting replaces fixed emission schedules by tying new token creation to measurable outcomes creating algorithmic meritocracy in token distribution.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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---
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# @shayonsengupta — Tweet/Thread
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Shared by @m3taversal via Telegram.
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Source URL: https://x.com/shayonsengupta/status/2033923393095881205?s=20
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## Content
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If you take 100 application developers in crypto and ask them "what is your biggest challenge in converting users?", my expectation is that 90 of them will tell you that their fiat onramp rates are terrible. Despite fifteen years of technical progress in making the rails we use every day more performant and more accessible, getting new users to land fiat deposits inside an app is still a sisyphean task. In my experience, the median conversion at this step is under 10%.
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This is unacceptably bad in the western world as is, but it is substantially worse in emerging markets where demand for stablecoins is highest. In countries with capital controls or structurally inflationary currencies (India, Argentina, Venezuela, Egypt), the market structure for onramping is an order of magnitude more opaque. The spreads are even wider, the rates of fraud are even higher.
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It's not uncommon to see a shadow industrial complex form around the onramp problem in these regions. In India, people regularly meet small OTC brokers on WhatsApp, show up at a physical location with cash, and hope that they receive stablecoins at the end of the transaction. Needless to say, the fraud rates for this and any number of other convoluted approaches are higher than ideal.
|
|
||||||
When I first met the p2p.me founding team, I saw both a deep appreciation for the problem (because they and everyone around them had lived it first hand) and a missionary sense of focus around solving it from first principles (because IMO that is who they are). Their construction was elegant: first, use cryptographic primitives to verify identity and attest to payment confirmations over fiat rails (using zkTLS proofs of ID + UPI payments); second, use segregated liquidity and transfer limits to build up trust and reputation state over time to minimize fraud risk (see Circles of Trust).
|
|
||||||
In the 15 months since Multicoin invested, p2p.me has publicly stated that it has grown 30% month-over-month, handles roughly $50M in annualized volume across a variety of fee-tiers. When we first underwrote our investment, we felt that going after India's eleven-figure onramp market would be sufficient for a venture scale outcome. I still believe this to be true, but the team has bigger ambitions.
|
|
||||||
In May of last year, they launched service in Brazil over PIX. Shortly after that, they launched Indonesia over QRIS. In November, they launched Argentina, then Mexico (Venezuela appears to be next). They accomplished this through an Uber-style "regional GM/ops/community manager" model, spinning up small teams to navigate the local markets (payment rails, compliance, liquidity, distribution). Today, non-India markets make up over half the transaction volume on the platform.
|
|
||||||
The grand prize for p2p.me is to build for onramps what DEXes are to CEXes. This means an exhaustive network bridging local payment systems and compliance regimes to deep stablecoin liquidity.
|
|
||||||
This is only possible by building a decentralized protocol in the truest sense of the phrase.
|
|
||||||
Although p2p.me is very much in the first chapter of its story, it is abundantly clear there is no path to scaling and operating the protocol without a token.
|
|
||||||
Two reasons:
|
|
||||||
The first is to solve the coordination problem of sourcing and retaining country leads for new regions i.e. how do you incentivize top-tier operators to take on the regulatory, operational, and product/execution risk of launching in a new market? In recent weeks, my partners and I have written about Programmable Equity and Internet Labor Markets. A country lead in Argentina or Nigeria could receive tokens that vest against volume milestones, which inherently aligns incentives with the necessary cost and complexity of navigating every aspect of launching those markets (sourcing liquidity, integrating local payment rails, figuring out a compliance and KYC solutions). As the protocol matures, there is an inherent compounding here in that more countries served leads to more volume, which likely incentivizes more country leads and tighter operations in markets already served.
|
|
||||||
The second is credible decentralization. For a business whose core product is helping users onramp/offramp across several jurisdictions, the protocol's survival depends on no single entity being captured. As part of the MetaDAO launch, all IP, assets, and mint authority gradually transfers from the existing entity structure to the on-chain treasury with all ownership and governance directly transferred to tokenholders. The benefit of tokenholder rights per the MetaDAO structure is that there is no room for decentralization theatre, because decentralization is a strict requirement for this network to succeed.
|
|
||||||
Stablecoins are the only net new primitive in Fintech in decades. If you are reading this, you likely agree with me that they are going to swallow legacy banking and payment systems, and reshape how trade occurs across the world. I would only posit that the regions in the world that are most profoundly impacted by this technology are going to be the emerging markets, where the demand for them is the highest. I believe p2p.me represents among the most direct pieces of infrastructure to capture that megatrend.
|
|
||||||
Stepping back from p2p.me, the most cynical refrain I have heard over the past year from some of my peers is that the dream of leveraging crypto capital markets and tokens to supercharge growth is over. For example, "The cost of capital in public markets is much higher than in private markets". It is beyond the scope of this piece to diagnose how we got here from the considerably more optimistic era of a few years ago.
|
|
||||||
What is, however, clear to me is that the future is not predetermined. It has to be willed into existence. I am an absolute believer in the power of tokens to enable novel forms of coordination and commerce, but it is incumbent upon us — builders and investors in these markets — to take the swings necessary to make that possible. To help steer away from the voting machine style dynamics that have defined too much of the capital markets toward something that looks much more like a weighing machine. This is a precondition of crypto continuing to be a fertile ground for innovation, and a compelling path for founders to take in order to push the boundaries of what can be built.
|
|
||||||
Of all the ways to bring a token into this world today, the MetaDAO launch is among the most compelling paths I have seen. Tokenholder rights, fair auctions, and the opportunity to go direct, onchain, without the presence of centralized middlemen is very much in line with the ethos and principles with which the p2p.me team built the protocol to where it is today.
|
|
||||||
Incredibly proud to have had the opportunity to work with the p2p.me team thus far, and excited for this next chapter.
|
|
||||||
To learn more about p2p.me, see their public sale on MetaDAO here.
|
|
||||||
Disclosure: I’m an Investment Partner at Multicoin Capital Management LLC (“Multicoin”), which is a registered investment adviser. Multicoin provides investment advice to certain private fund clients (the “fund(s)”) that have also invested in many of the crypto projects/teams/operating companies discussed herein creating a material conflict of interest where Multicoin personnel may be strongly incentivized to portray Multicoin and the investments it makes in a positive light and is less likely to be critical about both Multicoin and its investments. Please find additional relevant disclosures here.
|
|
||||||
Artwork in header is Fernand Léger, The Builders
|
|
||||||
|
|
||||||
|
|
||||||
## Key Facts
|
|
||||||
- Median fiat onramp conversion rate is under 10% according to Multicoin Capital analysis
|
|
||||||
- p2p.me grew 30% month-over-month as of March 2025
|
|
||||||
- p2p.me handles approximately $50M in annualized volume
|
|
||||||
- Non-India markets represent over 50% of p2p.me transaction volume
|
|
||||||
- p2p.me launched Brazil (May 2024), Indonesia (mid-2024), Argentina (November 2024), Mexico (late 2024)
|
|
||||||
- Multicoin Capital invested in p2p.me approximately 15 months before March 2025
|
|
||||||
- India has an eleven-figure onramp market according to Multicoin estimates
|
|
||||||
|
|
@ -1,77 +0,0 @@
|
||||||
---
|
|
||||||
type: source
|
|
||||||
source_type: x-tweet
|
|
||||||
title: "@sjdedic — shared via Telegram by @m3taversal"
|
|
||||||
author: "@sjdedic"
|
|
||||||
url: "https://x.com/sjdedic/status/2034241094121132483?s=20"
|
|
||||||
date: 2026-03-25
|
|
||||||
domain: internet-finance
|
|
||||||
format: social-media
|
|
||||||
status: enrichment
|
|
||||||
proposed_by: "@m3taversal"
|
|
||||||
contribution_type: source-submission
|
|
||||||
tags: [telegram-shared, x-tweet]
|
|
||||||
processed_by: rio
|
|
||||||
processed_date: 2026-03-25
|
|
||||||
enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md"]
|
|
||||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
|
||||||
---
|
|
||||||
|
|
||||||
# @sjdedic — Tweet/Thread
|
|
||||||
|
|
||||||
Shared by @m3taversal via Telegram.
|
|
||||||
Source URL: https://x.com/sjdedic/status/2034241094121132483?s=20
|
|
||||||
|
|
||||||
## Content
|
|
||||||
|
|
||||||
After thoroughly reviewing the upcoming P2P ICO on MetaDAO, I’m convinced this is one of the most compelling public sale opportunities we’ve seen in quite some time, and hence we’ll be participating with size.
|
|
||||||
|
|
||||||
@P2Pdotme simply checks too many boxes in our investment thesis to ignore:
|
|
||||||
|
|
||||||
1) Stablecoins are without a doubt crypto’s breakout use case with the strongest product-market fit.
|
|
||||||
|
|
||||||
For us, the bull case for stablecoins has always been emerging markets, banking the unbanked and giving people in unstable or hyperinflationary countries more financial (and therefore personal) freedom through access to the USD.
|
|
||||||
|
|
||||||
I think most people (especially in the West) simply can’t grasp how broken the onramp infrastructure in regions like India, LATAM, or Africa really is, while at the same time underestimating how much larger the demand (and therefore the addressable market) actually is.
|
|
||||||
|
|
||||||
2) I think it’s no secret that we at Moonrock are big supporters of DePIN as a vertical.
|
|
||||||
|
|
||||||
While P2P is obviously not a DePIN, it comes with the exact characteristic that has always made us extremely bullish on DePIN: global capital coordination.
|
|
||||||
|
|
||||||
Just like building entirely new physical infrastructure networks, the same simple concept applies here:
|
|
||||||
|
|
||||||
“Give people tokens and they will do things.”
|
|
||||||
|
|
||||||
The token incentive mechanism to horizontally expand and onboard new operators who will scale adoption across all regions doesn’t just seem highly effective, but also creates a strong moat through its physical component and trust advantage, both of which will only compound as the protocol grows.
|
|
||||||
|
|
||||||
3) This brings me to my next point, again comparing it to DePIN. Many DePINs ultimately failed because they treated their tokens like free candy printed out of hot air. And their price performance reflected that, creating a negative feedback loop for those being incentivized.
|
|
||||||
|
|
||||||
This is where it gets interesting that P2P is going the @MetaDAOProject route, essentially committing to the idea that tokens = equity. Operators who believe in the business early won’t just earn unsustainable loyalty points, but actual sweat equity, becoming part of the business and gaining a claim on its future success and revenue.
|
|
||||||
|
|
||||||
This should be a much more sustainable approach to achieving compounding growth, rather than a downward spiral to zero. It also enables true decentralization. While this might sound idealistic to some, it matters a lot in emerging markets, where people are actively looking for solutions but are often exploited by fraudulent or scammy intermediaries.
|
|
||||||
|
|
||||||
4) If they had pitched this to me two years ago, I would have found it interesting but had serious doubts about their ability to execute, as it’s clearly a very ambitious undertaking.
|
|
||||||
|
|
||||||
However, they’ve already proven that they can execute, and that the model works. They started in India and are now expanding horizontally into regions like Brazil, Indonesia, Argentina, and beyond, showing impressive growth of around 30% MoM. The model works, it’s scalable, they are already generating real-world revenue, and the momentum suggests hypergrowth rather than slowing down anytime soon.
|
|
||||||
|
|
||||||
Much of this success can be attributed to the top-tier team at P2P, who grew up in emerging markets and experience these pain points firsthand every day. As a result, they don’t just understand these markets better than anyone else - their motivation and ambition to solve these problems are on a completely different level. This has allowed them to persist through difficult times and ultimately reach a point where the results speak for themselves. Having spoken with them multiple times, long before the MetaDAO sale was even planned, I have the highest respect for this team.
|
|
||||||
|
|
||||||
5) The cherry on top: I really like how this team thinks about their token and its holders, which is clearly reflected in the structure of the MetaDAO sale.
|
|
||||||
|
|
||||||
The FDV will likely land somewhere between $15–25M. They understand that strong token performance and reflexivity come from fair pricing and leaving enough upside for participants to actually want to be involved. Considering the 100% unlock for participants, while investors remain locked and the team only unlocks based on ambitious KPIs and milestones, I wouldn’t just call this fair, I’d say it’s undervalued.
|
|
||||||
|
|
||||||
Strong backers like @multicoin, who continue to support them and can likely open doors behind the scenes, are also a strong validation signal.
|
|
||||||
|
|
||||||
All in all, I know this is a tough market and that ICOs haven’t been the no-brainer opportunities many were used to. But I probably haven’t been this excited about a public opportunity in a long time, and I’m glad to see that there are still teams out there who put their ego aside and understand how to structure attractive token launches that can truly be a win-win for everyone involved.
|
|
||||||
|
|
||||||
The ticker is P2P.
|
|
||||||
|
|
||||||
|
|
||||||
## Key Facts
|
|
||||||
- P2P.me is raising capital through MetaDAO ICO with estimated FDV of $15-25M
|
|
||||||
- P2P.me has achieved ~30% month-over-month growth
|
|
||||||
- P2P.me ICO structure: 100% unlock for participants, locked for investors, KPI-based team unlock
|
|
||||||
- P2P.me is backed by Multicoin Capital
|
|
||||||
- P2P.me started in India and expanded to Brazil, Indonesia, Argentina
|
|
||||||
- Moonrock Capital is participating 'with size' in P2P.me ICO
|
|
||||||
- P2P.me token ticker is P2P
|
|
||||||
|
|
@ -1,83 +0,0 @@
|
||||||
---
|
|
||||||
type: source
|
|
||||||
source_type: x-research
|
|
||||||
title: "X research: P2P.me allocation"
|
|
||||||
date: 2026-03-25
|
|
||||||
domain: internet-finance
|
|
||||||
status: enrichment
|
|
||||||
proposed_by: "@m3taversal"
|
|
||||||
contribution_type: research-direction
|
|
||||||
processed_by: rio
|
|
||||||
processed_date: 2026-03-25
|
|
||||||
enrichments_applied: ["access-friction-functions-as-a-natural-conviction-filter-in-token-launches-because-process-difficulty-selects-for-genuine-believers-while-price-friction-selects-for-wealthy-speculators.md", "pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md"]
|
|
||||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
|
||||||
---
|
|
||||||
|
|
||||||
@P2Pdotme: All users check your allocation multipliers - see you at the ICO
|
|
||||||
@0xmohitxyz: Most ICOs claim to be “fair”.
|
|
||||||
But in reality: whales dominate, pricing is messy, and early users don’t really get rewarded.
|
|
||||||
So what does a better model actually look like?
|
|
||||||
Let’s understand how P2P Pr
|
|
||||||
@p2pmeargentina: ¿Cómo funciona la allocation para los usuarios?
|
|
||||||
|
|
||||||
Todos entran con la misma valuación.
|
|
||||||
|
|
||||||
Solo si la ronda se sobredemanda, los que tienen XP mantienen más de su allocation según su tier:
|
|
||||||
Tier 3: 1.5x
|
|
||||||
Ti
|
|
||||||
@p2pmeargentina: ¿Cómo funciona la allocation para los usuarios?
|
|
||||||
|
|
||||||
Todos entran con la misma valuación.
|
|
||||||
|
|
||||||
Solo si la ronda se sobredemanda:
|
|
||||||
|
|
||||||
👉 Los que tienen XP mantienen más de su allocation según su tier
|
|
||||||
Tier 3: 1.5x
|
|
||||||
|
|
||||||
@0xmohitxyz: That extra allocation isn’t created out of thin air.
|
|
||||||
|
|
||||||
it’s redistributed from the same pool.
|
|
||||||
|
|
||||||
which means others get slightly less, but not significantly.
|
|
||||||
@0xmohitxyz: Important:
|
|
||||||
|
|
||||||
everyone enters at the same valuation.
|
|
||||||
|
|
||||||
there are no hidden discounts,
|
|
||||||
no special pricing rounds.
|
|
||||||
only allocation differs.
|
|
||||||
@0xmohitxyz: Users are assigned XP tiers based on their activity acress @p2pdotfound dApps (@P2Pdotme and @coinsme_HQ).
|
|
||||||
|
|
||||||
Higher tier → slightly higher allocation.
|
|
||||||
|
|
||||||
Lower tier or new users → standard allocation.
|
|
||||||
@0xmohitxyz: This is where most launches would stop.
|
|
||||||
|
|
||||||
But here, there’s an extra layer.
|
|
||||||
|
|
||||||
P2P introduces preferential allocation for existing users.
|
|
||||||
|
|
||||||
Not based on capital,
|
|
||||||
but based on prior participation.
|
|
||||||
@0xmohitxyz: So if the sale is oversubscribed:
|
|
||||||
|
|
||||||
you don’t lose your spot,
|
|
||||||
you just get a proportional allocation.
|
|
||||||
and the rest of your funds come back.
|
|
||||||
@ratann007: 💡 Allocation logic
|
|
||||||
• Everyone enters at same valuation
|
|
||||||
If oversubscribed 👇
|
|
||||||
🥇 Tier 1 → 3x
|
|
||||||
🥈 Tier 2 → 2x
|
|
||||||
🥉 Tier 3 → 1.5x
|
|
||||||
• Excess funds refunded 💸
|
|
||||||
• Non-XP users → pro-rata allocation
|
|
||||||
From usage → owner
|
|
||||||
|
|
||||||
|
|
||||||
## Key Facts
|
|
||||||
- P2P.me announced ICO with allocation multiplier system on 2026-03-25
|
|
||||||
- P2P.me XP tiers: Tier 1 = 3x, Tier 2 = 2x, Tier 3 = 1.5x allocation during oversubscription
|
|
||||||
- P2P.me operates within P2P Foundation ecosystem alongside CoinsMe
|
|
||||||
- All P2P.me ICO participants enter at same valuation regardless of tier
|
|
||||||
- XP is earned through activity across P2P Foundation dApps
|
|
||||||
Loading…
Reference in a new issue