The P2P.me team apologizes for betting its funding goal on Polymarket, and the proceeds will be transferred to the MetaDAO treasury.

Techub News, P2P.me tweeted that the team admitted to betting on whether the project could achieve its $6 million fundraising goal on Polymarket through an account named "P2P Team." This position was established 10 days before the fundraising launch, at which time the project had only received a verbal commitment of $3 million from Multicoin Capital. Ultimately, the project actually raised $5.2 million.

P2P.me stated that failing to disclose this action at the time was a mistake, and they are currently liquidating all related positions, with the proceeds to be returned to the MetaDAO treasury governed by Futarchy. Additionally, the team emphasized that MetaDAO was unaware of this betting activity and will formulate policies regarding prediction market trading.