So after the MetaDAO raise that everyone was talking about, P2P did their TGE yesterday which was, after all unsurprisingly, underwhelming.

My thoughts on this are that ironically, all the drama around the Polymarket bet on their own sale might actually be one of the bigger opportunities out there for many of you right now.
I'm not going to defend it. The Polymarket bet by the team was a mistake. They admitted it and offered full refunds to anyone who didn't want to participate anymore because of it. Almost nobody took them up on that offer, which speaks for itself.
Despite all of that, they still managed to raise over $6M in absolutely brutal market conditions, backed by some of the sharpest investors in the industry alongside a strong MetaDAO community.
Sure, the FUD killed momentum and scared off potential buyers, while those who participated in the sale just for a quick flip got disappointed and dumped. But for anyone with a time horizon longer than that of a mayfly, I see a massive opportunity here:
Current market cap sits at $6M, fully diluted valuation at $12M. Most investors haven't even bought in lower than that and are locked for a year. Team tokens won't unlock anytime soon either - and when they do, it's based on performance KPIs anyway.
Yet the fundamentals of the business remain incredibly strong and seem like they will only accelerate from here post their successful raise:
The macro backdrop could hardly be better. Stablecoins in emerging markets remain one of the single biggest opportunities in crypto. The GENIUS Act is live and CLARITY Act just around the corner. Stablecoin infrastructure is being legitimized by regulators and institutions in real time. P2P sits right at the last mile of this wave, actually putting stablecoins into the hands of real people in the countries that need them most.
And the TAM speaks for itself. India, Brazil, Argentina, Indonesia - across these markets alone, over 1 billion people are unbanked or underbanked. This isn't a niche product serving a niche audience.
Monthly volume continues to make new ATHs, growing 5.5% MoM, while revenue is up 8% compared to February. Serving more than 23K users already.
And the growth vectors from here are obvious:
1) Horizontal expansion continues to be rolled out across new markets in LATAM as we speak
2) Vertical expansion via their @coinsme_HQ 2.0 rollout, which will serve as their own neobank play
3) Plans for exponential scaling via their B2B SDK rollout, which essentially expands them into a platform play
And perhaps most importantly: strong alignment to the token, thanks to @MetaDAOProject ownership coins.
Token essentially equals equity, hence holders will directly benefit from every single cent earned by P2P. The team already hinted that revenue will flow into the Futarchy treasury much earlier than anticipated.
$12M FDV for a live, revenue-generating product with real macro tailwinds, a billion-person addressable market, three clear scaling vectors, and genuine token-to-revenue alignment.
In a market where projects with zero users and zero revenue trade at 50-100x of P2P based on nothing but memetic value, I'll think @P2Pdotme is definitely worth having a look.