P2P Foundation

$P2P MetaDAO sale goes live on March 26 NOTE: NO BID WALL If commitments exceed the $6M ask, the excess will be refunded. Only if total commitments exceed the $80M mark $8M ($20M FDV) be accepted. If total commitments exceed the $150M mark, $10M ( $25M FDV) will be accepted.

We want to see as many of our users as possible participate in our ICO. Our success is not measured by the number of VCs backing us again, or by getting oversubscribed far beyond what we need. Our KPI for this ICO is how many of our users are true believers who decide to back our work. Users investing in and holding the protocol tokens to see it grow hits different 🫡 To promote participation, we have set up an XP system and will soon launch a preferential allocation meter for users on p2p.foundation We have over 22K active users, and about 5K of them have registered early interest to participate in our ICO to build an XP score. They will receive allocation preference over everyone else - because their early vote matters more than anyone else’s 🫡

Learn more about token economics, roadmap and protocol over at docs (link below 👇) don't have time to read? Use the ask AI button!

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.

Early investors and users receive preferential allocation. Everyone participates at the same valuation regardless.

$P2P MetaDAO sale goes live on March 26 NOTE: NO BID WALL If commitments exceed the $6M ask, the excess will be refunded. Only if total commitments exceed the $80M mark $8M ($20M FDV) be accepted. If total commitments exceed the $150M mark, $10M ( $25M FDV) will be accepted.

A lot of questions floating around about @P2Pdotme & the @MetaDAOProject sale, investors, treasury, etc. Let me address the main ones. 1/ We’ve been building P2P rails for ~3 years. The protocol is live and has been growing steadily. The raise isn’t for an idea it’s for scaling something already operating. 2/ The MetaDAO sale isn’t just about capital. It’s about distribution. Historically crypto launches favored VCs first and the market later. This structure flips that. ~50% of token supply is in circulation at launch. No team or investor tokens unlock at TGE. 3/ Earlier investors funded the OpsCo build phase engineering, legal, fraud systems, dispute resolution, and infrastructure. The protocol treasury governed by token holders. 4/ On the ‘subordination’ narrative token holders having governance before investor unlocks is intentional. It shifts power toward the network earlier. Investors backed the project knowing that governance moves to the market. 5/ Also practically speaking, token holders have no incentive to destroy treasury value just to harm investors. That would mostly damage the same network they hold. The incentives align around growing the network. 6/ On bank freezes: this is an industry-wide issue in P2P systems. At our scale it occurs roughly ~1 in 1000 trades, and we even provide pro-bono legal guidance when users face it. If there’s a platform operating permissionlessly at similar volume handling it better happy to see it. 7/ The token isn’t ‘just governance’ It enables: • ownership of protocol parameters • staking in merchant trust circles • delegation to earn revenue share • treasury governance (20% of protocol revenue flows there) 8/ Governance itself runs on futarchy through MetaDAO a market-based mechanism where participants stake capital on whether proposals improve the network. It’s unusual. Slightly cursed. But markets tend to be good at information aggregation. 9/ Ultimately the design is simple: Investors funded the build phase. The market gets distribution earlier. Governance shifts to the network over time. Different structure than the usual VC-led launch but very much intentional.🫡

Comrades, don't forget to link your Solana wallet in the TGE portal to get preferential allocation in the MetaDAO sale! Haven't checked your TGE XP yet? Check out the TGE portal linked below 👇 Join the movement!

Join us on Sunday spaces to discuss more x.com/i/spaces/1nxnR…

$P2P is launching on @MetaDAOProject The token sale goes live soon. Protocol users get preferential allocation. More details to follow. Join us Sunday for a Space on the launch. Links below 👇

@0xSrMessi @p2pmeargentina

@p2pdotfound Bulish on Argentina With who I should connect here?

Today: 4 countries. 18 months: 20 countries. Same protocol. Local rails. Global liquidity.

@01Resolved @MetaDAOProject 👀

Curated @MetaDAOProject incoming 🚀

@web3jatin 👀

@p2pdotfound $P2P on MetDAO ?

Anon, join us this Sunday to discuss: How the $P2P token sale hands over control of the protocol to its users and operators && Mechanics of the sale, float and vesting, ownership of protocol IP and treasury post your Qs in the comments below 👇 x.com/i/spaces/1nxnR…

at this rate we are going to hit our target in 10 months!

Make that 6! 🇲🇽Mexico && 🇻🇪Venezuela now LIVE on the P2P Protocol. watch this space