diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..65f359d18 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status +- **2026-03-03** — [[mycorealms]] launch: first futarchy-governed physical infrastructure project, raised $158,067 of $200K target (79%), refunded after 24-hour window ## Competitive Position - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms." diff --git a/entities/internet-finance/mycorealms.md b/entities/internet-finance/mycorealms.md new file mode 100644 index 000000000..c3351eb2d --- /dev/null +++ b/entities/internet-finance/mycorealms.md @@ -0,0 +1,60 @@ +--- +type: entity +entity_type: company +name: MycoRealms +domain: internet-finance +status: failed +founded: 2025 +platform: futardio +key_metrics: + raise_target: "$200,000" + raise_actual: "$158,067" + raise_success_rate: "79%" + token_supply: "15.9M" + team_allocation: "3M (18.9%, fully locked)" + ico_allocation: "10M (62.9%)" + liquidity_allocation: "2.9M (18.2%)" +tracked_by: rio +created: 2026-03-11 +--- + +# MycoRealms + +## Overview + +MycoRealms was a futarchy-governed mushroom farming project that attempted to raise $200,000 on Futardio to build climate-controlled agricultural infrastructure in India. The project reached $158,067 (79% of target) before the 24-hour raise window closed, triggering full refunds. It represented the first documented attempt to apply MetaDAO's futarchy governance to physical agricultural infrastructure rather than digital assets. + +## Timeline + +- **2025** — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), hands-on commercial farm work, market research across multiple states, vendor quotations, verbal commitments from 15+ wholesalers +- **2026-03-03** — Launch on Futardio with $200K target, 24-hour raise window +- **2026-03-04** — Raise closed at $158,067 (79% of target), status: refunding, full refunds issued + +## Governance Structure + +MycoRealms designed a hybrid governance model: +- Monthly operational allowance: $10,000 (no market approval required) +- Strategic CAPEX: Market-governed through conditional tokens +- First planned proposal: $50,000 infrastructure deployment +- Treasury access: Team had zero direct access +- Transparency: All operations to be published to Arweave + +## Team + +- **crypticmeta** — Solana/Bitcoin developer since 2018, previously built OrdinalNovus ($30M trading volume) +- **Ram** — 5+ years commercial mushroom production, managed 5-6 growing units across 5 states + +## Token Economics + +Total supply: 15.9M (12.9M circulating at launch) +- ICO tokens: 10M (62.9%) +- Liquidity provision: 2.9M (18.2%) +- Team performance package: 3M (18.9%, fully locked) + +Team tokens unlock at 2x, 4x, 8x, 16x, 32x ICO price via 3-month TWAP with 18-month minimum cliff. Zero team tokens circulating at launch. + +## Relationship to KB + +- [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]] — primary claim +- [[futardio]] — launch platform +- [[metadao]] — governance infrastructure provider diff --git a/inbox/archive/2026-03-03-futardio-launch-mycorealms.md b/inbox/archive/2026-03-03-futardio-launch-mycorealms.md index beb3f58f8..ae228fb21 100644 --- a/inbox/archive/2026-03-03-futardio-launch-mycorealms.md +++ b/inbox/archive/2026-03-03-futardio-launch-mycorealms.md @@ -6,9 +6,14 @@ url: "https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf" date: 2026-03-03 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana] event_type: launch +processed_by: rio +processed_date: 2026-03-11 +enrichments_applied: ["futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility.md", "internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md", "performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md"] +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "First documented futarchy-governed physical infrastructure project. Raise failed at 79% of target, triggering refunds. Extracted one new claim documenting the case, four enrichments to existing claims about futarchy adoption friction and performance-based token unlocking, and created entity pages for MycoRealms and updated Futardio timeline. The extreme team token structure (zero circulating at launch, unlocks only at 2x+ multiples) represents the most aggressive alignment mechanism in the KB. The 24-hour raise window may have been insufficient for physical infrastructure due diligence, revealing a boundary condition for internet capital market compression." --- ## Launch Details @@ -194,3 +199,19 @@ _Note: MycoRealms is not a financial product. $MYCO tokens represent governance - Token mint: `6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta` - Version: v0.7 - Closed: 2026-03-04 + + +## Key Facts +- MycoRealms raise target: $200,000 USDC +- MycoRealms actual committed: $158,067 (79% of target) +- MycoRealms launch date: 2026-03-03 +- MycoRealms raise window: 24 hours +- MycoRealms status: Refunding (failed to reach target) +- MycoRealms token supply: 15.9M max (12.9M circulating at launch) +- MycoRealms monthly allowance: $10,000 +- MycoRealms first planned CAPEX proposal: $50,000 +- MycoRealms team token allocation: 3M (18.9%), fully locked at launch +- MycoRealms team unlock triggers: 2x, 4x, 8x, 16x, 32x ICO price +- MycoRealms team cliff: 18 months minimum +- crypticmeta previously built OrdinalNovus: $30M trading volume +- Ram: 5+ years commercial mushroom production experience