BlockBeats news, March 27, the P2P Protocol team responded to the FUD caused by large predictions made by the account named 'P2PTeam' on Polymarket: they neither confirm nor deny whether the account belongs to the team or its affiliates. Just 10 days after the IC0 announcement, this account used $20,000 USDC to buy a large amount of 'Yes' shares, with total public commitments expected to exceed $6 million, $8 million, $10 million, etc. However, most of the VC pre-commitments were only finalized 4-5 days ago, and the VCs have publicly announced their participation, ensuring transparency.

The P2P Protocol team pointed out that predicting with $20,000 in a high-volume market has a potential return of only about $30,000. This is not market manipulation or insider trading, but merely early 'belief' betting and entertainment. The account named 'P2P Team' may have been chosen deliberately, aiming to play with users' short-term thinking.

MetaDAO launched the IC0 of P2Pdotme on March 26, with a minimum fundraising goal of 6 million USD. Currently, 5.3 million USD has been raised, and it will end on March 30. According to monitoring by PolyBeats, the probability that the total amount pledged in the P2P Protocol public offering will exceed 6 million USD has reached 100%, while the probability of exceeding 8 million USD is currently reported at 97%.