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Techub News reports that MetaDAO announced on platform X that it will launch the ICO for P2P.me on March 26, with a minimum fundraising target of $6 million. The ICO will last until March 30, allowing users to participate in the subscription using cryptocurrency. P2P.me is an application supporting cryptocurrency-to-fiat currency exchange, which completed a $2 million seed funding round in April 2025 with participation from Multicoin and Coinbase Ventures. The project aims to further expand platform features and its user base through this ICO.
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.
Techub News, Variant and Paradigm will purchase MetaDAO tokens from the open market. Among them, Variant will purchase $2.5 million worth of tokens at an average price of $8.6, while Paradigm plans to purchase $5.9 million worth of tokens at an average price of $7.83.
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