---
name: P2P.me
ticker: $P2P
type: entity
subtype: ownership-coin
domain: internet-finance
status: active
launch_platform: metadao-curated
launch_date: '2026-03-26'
raise:
  target_usd: null
  amount_raised_usd: 6000000
  amount_committed_usd: 7300000
  oversubscription_ratio: 1.1
  initial_token_price_usd: null
operations:
  monthly_allowance_usd: null
chain:
  token_mint: P2PXup1ZvMpCDkJn3PQxtBYgxeCSfH39SFeurGSmeta
  network: solana
  market_cap_usd: null
  price_usd: null
  circulating_supply: null
  total_supply: 25800000
  treasury_multisig: "9Rykf7i9fxUaXD8iD6GSGpRaoWQQP51Uiq1oxSE9oDzx"
  treasury_multisig_usd: null
  lp_pools:
  - dex: futarchy-amm
    address: CFYmVUEYikV8DaKDNs6WSHC5uAxG6T7KqFBCsAebACFu
  vesting_wallets:
  - address: F18kLUyckqzEcfEpDx7hrH4657vNQzuYyECZxVgmuakg
    label: team-investor-vesting
  equity_value_usd: null
  data_updated: null
holders:
- name: Multicoin Capital
  role: lead
  estimated_pct: null
- name: Coinbase Ventures
  role: lead
  estimated_pct: null
- name: Top 10 wallets
  role: early
  estimated_pct: 93
traction:
  revenue_monthly_usd: 48000
  customers: 23000
  key_metrics:
  - 27% MoM growth sustained over 16 months
  - 'NPS: 80'
  - 'Peak monthly volume: $3.95M (Feb 2026)'
  - 'Annualized revenue: ~$578K'
  - 'Monthly burn: $175K (25-person team)'
  - 'Runway: ~34 months'
  - 'Fraud rate: <1/1000 transactions'
  - Sub-90-second settlement
  - '6 countries live: India (78%), Brazil (15%), Argentina, Indonesia, Venezuela,
    Mexico'
  - 336 contributors, 93% from 10 wallets
  - 'FDV: ~$15.5M ($0.60/token, 10M sold)'
  - 50% liquid at launch
  - 'Team unlock: performance-based 2x-32x price triggers'
  - 'Investor lock: 12 months then staggered over 12 months'
liquidation:
  date: null
  return_per_dollar: null
  reason: null
tracked_by: rio
supports:
- zkTLS proofs enable trustless fiat payment verification by cryptographically attesting to payment confirmations over legacy rails without requiring intermediary trust
reweave_edges:
- zkTLS proofs enable trustless fiat payment verification by cryptographically attesting to payment confirmations over legacy rails without requiring intermediary trust|supports|2026-04-20
---

# P2P.me

P2P.me is a non-custodial peer-to-peer USDC-to-fiat onramp protocol targeting emerging markets with capital controls, using ZK-TLS-based Proof-of-Credibility verification for trustless fiat payment confirmation over legacy banking rails (UPI, PIX, QRIS). Most recent MetaDAO curated ICO (March 2026), raised $6M with only 1.1x oversubscription — the lowest on the platform, reflecting market maturation from the 200x+ ratios of earlier launches. Backed by Multicoin Capital and Coinbase Ventures; 2/3 of capital from institutional sources.

## Business Model

- Permissionless fiat on/off-ramp via Circles of Trust model
- Local operators stake capital, recruit merchants, earn 0.2% of monthly volume
- Country launch cost compressed from $40K to $400; launch timeline from 45 days to 10 days
- Related product: Coins.me (consumer neo-bank built on P2P Protocol infrastructure)

## Technology

- ZK-TLS Proof-of-Credibility for fiat payment attestation
- Integration with UPI (India), PIX (Brazil), QRIS (Indonesia)
- AI operations layer built on 2.5-year operational playbook
- Open-source SDK planned for third-party integration

## Expansion

- 6 countries live: India, Brazil, Argentina, Venezuela, Mexico, Indonesia
- 16 countries in active pipeline (Colombia, Peru, Nigeria, Philippines, Thailand, Vietnam, etc.)
- Target: 40 countries within 18 months

## Controversy

The P2P team placed a bet on Polymarket predicting their ICO would reach $6M in commits — potential insider trading. MetaDAO extended the sale 2 days and offered full refunds; ~$200K claimed. Pine Analytics flagged a 182x gross profit multiple valuation; team acknowledged concern as "completely valid."

## Gaps

- Token address needed for on-chain tracking
- Treasury multisig address unknown
- LP pool addresses needed
- Current market cap and price data needed
- Monthly gross profit inconsistent ($4.5K-$13.3K range)

## Timeline

- **2024-03** — Protocol launched, began operations
- **2024-12** — Launch in initial emerging markets
- **2025-09** — Brazil launch: 45 days, 3 people, $40K investment
- **2025-11** — Argentina launch: 30 days, 2 people, $20K investment
- **2026-01** — Venezuela launch: 15 days, no local team, $400 investment
- **2026-02** — Mexico launch: 10 days, no local team, $400 investment
- **2026-03-26** — Completed $6M ICO through MetaDAO: 336 contributors, 93% from 10 wallets, 1.1x oversubscribed
- **2026-03** — Polymarket controversy; MetaDAO offered refunds, ~$200K claimed

---

Relevant Notes:
- [[metadao]] — launch platform
- [[multicoin-capital]] — lead investor
- [[coinbase-ventures]] — lead investor
- [[coins-me]] — consumer product built on P2P infrastructure

Topics:
- [[maps/internet finance and decision markets]]