Merge pull request 'rio: extract claims from 2026-03-03-futardio-launch-mycorealms' (#798) from extract/2026-03-03-futardio-launch-mycorealms into main
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entities/internet-finance/mycorealms.md
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entities/internet-finance/mycorealms.md
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---
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type: entity
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entity_type: company
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name: MycoRealms
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domain: internet-finance
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status: active
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founded: 2025
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website: https://mycorealms.com
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social:
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twitter: https://x.com/mycorealms
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telegram: https://t.me/+F684wVS-F0oyNzE1
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key_metrics:
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raise_target: "$200,000"
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total_committed: "$158,067"
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raise_status: "refunding"
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token_symbol: "MYCO"
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token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta"
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total_supply: "15.9M"
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circulating_at_launch: "12.9M"
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ico_allocation: "10M (62.9%)"
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liquidity_provision: "2.9M (18.2%)"
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team_allocation: "3M (18.9%)"
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monthly_allowance: "$10,000"
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governance_platform: "[[metadao]]"
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tracked_by: rio
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created: 2026-03-11
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---
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# MycoRealms
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MycoRealms is a futarchy-governed mushroom farming operation raising capital through [[futardio]] to build climate-controlled production facilities. The project represents the first application of futarchy governance to physical agricultural infrastructure, with all treasury expenditures beyond a $10K monthly allowance requiring market approval through conditional token markets.
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The team includes crypticmeta (Solana/Bitcoin developer, previously built OrdinalNovus exchange reaching $30M volume) and Ram (5+ years commercial mushroom production experience across multiple facilities). The project spent 2025 preparing through internships at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, and market research.
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## Timeline
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- **2025** — Team preparation: internships at ICAR-DMR Solan, commercial farm experience, market research, vendor quotations, secured preliminary farm location
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- **2026-03-03** — Futardio fundraise launched: $200K target, 24-hour window, raised $158,067 before refunding
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- **2026-03-04** — Fundraise closed in refunding status (did not reach $200K minimum)
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## Governance Structure
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Treasury control enforced through:
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- $10,000 monthly allowance for operations
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- All CAPEX beyond allowance requires futarchy proposal approval
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- First planned proposal: $50K CAPEX for infrastructure (3 growing rooms, accommodation, DG set)
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- Team tokens: 3M locked with performance unlocks at 2x/4x/8x/16x/32x ICO price, 18-month minimum cliff, 3-month TWAP settlement
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- Operational transparency: all invoices, expenses, harvest records published on Arweave
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## Relationship to KB
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — extends futarchy governance from meme coins to physical infrastructure
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- [[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 application to real-world production
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — implements aggressive performance-unlock structure
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- [[metadao]] — governance platform
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- [[futardio]] — fundraising platform
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@ -6,9 +6,14 @@ url: "https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf"
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date: 2026-03-03
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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enrichments_applied: ["futarchy-governed-meme-coins-attract-speculative-capital-at-scale.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", "performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "First futarchy-governed physical infrastructure project on Futardio. Raise failed to meet $200K minimum within 24-hour window, triggering automatic refunds. No novel claims extracted—all insights enrich existing claims about futarchy governance extending beyond digital assets and performance-based token unlocks. Created new entity for MycoRealms as significant real-world futarchy application despite failed raise."
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---
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## Launch Details
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@ -194,3 +199,14 @@ _Note: MycoRealms is not a financial product. $MYCO tokens represent governance
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- Token mint: `6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta`
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- Version: v0.7
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- Closed: 2026-03-04
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## Key Facts
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- MycoRealms raise target: $200,000 (2026-03-03)
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- MycoRealms total committed: $158,067 before refunding (2026-03-04)
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- MycoRealms token: MYCO (6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta)
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- MycoRealms total supply: 15.9M tokens (12.9M circulating at launch)
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- MycoRealms team: crypticmeta (blockchain dev, OrdinalNovus founder) and Ram (5+ years mushroom production)
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- MycoRealms monthly allowance: $10,000 for operations
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- MycoRealms first planned CAPEX proposal: $50K for infrastructure (3 growing rooms, accommodation, DG set)
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- MycoRealms team tokens: 3M locked with unlocks at 2x/4x/8x/16x/32x ICO price, 18-month minimum cliff, 3-month TWAP
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