rio: extract from 2026-03-03-futardio-launch-mycorealms.md

- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

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---
type: entity
entity_type: person
name: crypticmeta
domain: internet-finance
status: active
roles:
- blockchain developer
- founder
affiliations:
- MycoRealms (founder)
- OrdinalNovus (founder)
tracked_by: rio
created: 2026-03-11
---
# crypticmeta
Freelance blockchain developer on Solana and Bitcoin since 2018. Built and scaled OrdinalNovus, a CBRC token exchange on Bitcoin Ordinals that reached $30M in trading volume. Co-founded MycoRealms, attempting to build the first futarchy-governed physical infrastructure project (mushroom farming) on Solana.
## Timeline
- **2018** — Began blockchain development on Solana and Bitcoin
- **~2023-2024** — Built and scaled OrdinalNovus exchange to $30M trading volume
- **2025** — Co-founded MycoRealms, prepared for futarchy-governed mushroom farm launch
- **2026-03-03** — Launched MycoRealms fundraise on Futardio ($200K target, reached $158K before refunding)
## Relationship to KB
- [[mycorealms]] — co-founder
- [[futardio]] — used platform for MycoRealms launch

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@ -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]] launched first futarchy-governed physical infrastructure raise ($200K target for mushroom farm), reached $158,067 (79%) before entering refunding
## 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."

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---
type: entity
entity_type: company
name: MycoRealms
domain: internet-finance
status: failed
founded: 2025
website: https://mycorealms.com
social:
twitter: https://x.com/mycorealms
telegram: https://t.me/+F684wVS-F0oyNzE1
key_metrics:
raise_target: "$200,000"
total_committed: "$158,067"
raise_outcome: "refunding"
token_supply: "15.9M max (12.9M circulating at launch)"
ico_allocation: "10M tokens (62.9%)"
liquidity_allocation: "2.9M tokens (18.2%)"
team_allocation: "3M tokens (18.9%) with performance unlocks"
tracked_by: rio
created: 2026-03-11
---
# MycoRealms
MycoRealms attempted to build the first futarchy-governed physical infrastructure project—a climate-controlled mushroom farming operation on Solana. The project raised $158,067 toward a $200,000 target through Futardio before entering refunding status when the 24-hour raise window closed without meeting the threshold. The team included crypticmeta (blockchain developer, previously built OrdinalNovus exchange reaching $30M volume) and Ram (5+ years commercial mushroom production experience). The governance model required futarchy approval for all CAPEX beyond a $10,000 monthly allowance, with the first proposal planned as $50,000 for infrastructure construction.
## Timeline
- **2025** — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, market research, vendor quotations, secured 15+ wholesaler commitments
- **2026-03-03** — Futardio fundraise launched: $200,000 target, 24-hour window, 10M ICO tokens at 62.9% of total supply
- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status
## Relationship to KB
- [[futardio]] — launch platform
- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — extends futarchy governance to physical infrastructure
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — demonstrates platform capability for non-crypto use cases

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@ -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-meme-coins-attract-speculative-capital-at-scale.md", "futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility.md", "MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "First futarchy-governed physical infrastructure project on Futardio. No novel claims about futarchy mechanisms—the governance structure follows standard MetaDAO patterns (conditional markets, treasury allowance, performance-based team unlocks). The significance is in application domain (agriculture) not mechanism innovation. Three enrichments: extends futarchy beyond meme coins, confirms reputational risk of failed raises, demonstrates platform capability for diverse use cases. Created entities for MycoRealms (company) and crypticmeta (person), updated Futardio timeline."
---
## Launch Details
@ -194,3 +199,17 @@ _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 (2026-03-03)
- MycoRealms total committed: $158,067 (79% of target)
- MycoRealms token supply: 15.9M max, 12.9M circulating at launch
- MycoRealms ICO allocation: 10M tokens (62.9%)
- MycoRealms team allocation: 3M tokens (18.9%) with performance unlocks at 2x, 4x, 8x, 16x, 32x ICO price
- MycoRealms monthly treasury allowance: $10,000
- MycoRealms first CAPEX proposal: $50,000 for infrastructure
- MycoRealms raise window: 24 hours
- MycoRealms status: Refunding (2026-03-04)
- Team: crypticmeta (blockchain developer, OrdinalNovus founder with $30M volume) and Ram (5+ years mushroom production)
- Preparation: 2025 internship at ICAR-DMR Solan, commercial farm work, 15+ wholesaler commitments