- Source: inbox/queue/2026-03-30-telegram-m3taversal-we-should-always-be-up-front-about-that-here-is-i.md - Domain: entertainment - Claims: 0, Entities: 1 - Enrichments: 1 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Clay <PIPELINE>
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P2P Protocol
Type: Company
Domain: Entertainment
Status: Active
Founded: ~2024
Founder: Sheldon
Overview
P2P Protocol is a peer-to-peer platform that raised capital through MetaDAO's permissioned launchpad structure. The company attracted attention in July 2025 when its founder placed bets on Polymarket predicting the ICO would reach $6M in commits, creating a conflict of interest controversy.
Business Metrics
- Monthly Volume: $4M (as of July 2025)
- Growth Rate: 27% MoM over 16 months
- Revenue: $550K yearly run rate
- Fundraise Target: $6M in commits
Founder Background
Sheldon previously built and exited a food delivery business that reached $2M in run rate before being acquired by a large Indian food delivery app.
Timeline
- 2024 — P2P Protocol founded
- 2025-06 — Founder placed bet on Polymarket that P2P would reach $6M ICO commits
- 2025-07-11 — Public disclosure of founder's Polymarket position begins circulating
- 2025-07-13 — metadao-p2p-polymarket-conflict MetaDAO addresses controversy, extends sale 2 days, offers refunds but does not cancel raise