- Source: inbox/queue/2026-03-20-p2pme-business-model-website.md - Domain: internet-finance - Claims: 0, Entities: 1 - Enrichments: 0 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Rio <PIPELINE>
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1.4 KiB
Markdown
40 lines
No EOL
1.4 KiB
Markdown
# P2P.me
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**Type:** Company
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**Status:** Active
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**Domain:** Internet Finance
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**Founded:** Unknown
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**Description:** Peer-to-peer USDC-to-fiat conversion platform supporting UPI (India), PIX (Brazil), and QRIS (Indonesia) payment rails.
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## Overview
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P2P.me operates a peer-to-peer marketplace for USDC-to-fiat conversion across multiple chains. The platform addresses crypto on-ramp friction in emerging markets, particularly India where bank freezes for USDC transactions create adoption barriers.
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## Business Model
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- **Revenue:** 2% commission on every swap, paid to liquidity providers
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- **Geographic focus:** India (78% of user base), Brazil, Indonesia
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- **Payment rails:** UPI, PIX, QRIS
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## Key Metrics
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- 1,000+ liquidity providers globally
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- Fraud rate: <1 in 25,000 on/off-ramps
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- 23,000 registered users (18,071 in India per Pine Analytics)
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- 2,000-2,500 weekly active users
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- $82K annual gross profit (per Pine Analytics assessment)
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## Funding
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- **Previous round:** $2M from Multicoin Capital and Coinbase Ventures
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- **ICO planned:** March 26, 2026 on MetaDAO
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- Target FDV: ~$15.5M
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- Token supply: 25.8M tokens
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- ICO price: $0.60
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- 50% liquid at TGE (10M ICO + 2.9M liquidity seeding)
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## Timeline
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- **2025-mid** — User growth plateau begins (per Pine Analytics)
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- **2026-03-20** — ICO registration opens for March 26 launch
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- **2026-03-26** — Scheduled ICO on MetaDAO (pending) |