Bullbit
Cryptocurrency
P2P.me team discloses and apologizes for prediction market bets
- What: The P2P.me team has disclosed and apologized for making prediction market bets on the project's fundraising goal.
- Why: The team opened positions on Polymarket to wager whether the project would hit its **$6 million** fundraising goal.
- Signal: The move has raised concerns about the team's confidence in the project's success.
- Target: The team is now focused on meeting the fundraising goal, despite the controversy.
- Risk: The incident may damage the project's reputation and credibility with potential investors.