diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..f6bd575a 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-futardio-fundraise]] launched: $200K target for mushroom farm, closed at $158K (79%), refunded ## 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-futardio-fundraise.md b/entities/internet-finance/mycorealms-futardio-fundraise.md new file mode 100644 index 00000000..9b29d4da --- /dev/null +++ b/entities/internet-finance/mycorealms-futardio-fundraise.md @@ -0,0 +1,48 @@ +--- +type: entity +entity_type: decision_market +name: "MycoRealms: Futardio Fundraise" +domain: internet-finance +status: failed +parent_entity: "[[mycorealms]]" +platform: futardio +proposer: crypticmeta +proposal_url: "https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf" +proposal_date: 2026-03-03 +resolution_date: 2026-03-04 +category: fundraise +summary: "$200K raise for futarchy-governed mushroom farm infrastructure with market-controlled CAPEX deployment" +raise_target: "$200,000" +total_committed: "$158,067" +token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta" +tracked_by: rio +created: 2026-03-11 +--- + +# MycoRealms: Futardio Fundraise + +## Summary + +MycoRealms attempted to raise $200,000 through Futardio's unruggable ICO mechanism to build a futarchy-governed mushroom farming operation in India. The raise featured a 24-hour all-or-nothing window, $10K monthly treasury allowance, and futarchy-governed approval for all CAPEX beyond the allowance. The first post-raise proposal would have been a $50K infrastructure deployment decision. The raise failed to meet its target, closing at $158,067 (79%) and triggering full refunds. + +## Market Data + +- **Outcome:** Failed (refunded) +- **Raise Target:** $200,000 +- **Total Committed:** $158,067 (79% of target) +- **Duration:** 24 hours (2026-03-03 to 2026-03-04) +- **Token:** 6A5 (15.9M max supply, 12.9M circulating at launch) +- **Proposer:** crypticmeta + +## Significance + +This represents one of the first attempts to apply futarchy governance to physical infrastructure and agricultural operations. The failure reveals market skepticism toward early-stage agricultural RWA tokenization, particularly for projects requiring patient capital and multi-year buildout timelines. The 79% funding level suggests interest but insufficient conviction, possibly due to execution risk, team anonymity, or the novelty of applying prediction markets to farming operations. + +The proposal's structure—monthly allowance plus futarchy-gated CAPEX—demonstrated a governance architecture for capital-intensive physical projects, though the market ultimately rejected the specific implementation. + +## Relationship to KB + +- [[futardio]] — launch platform +- [[metadao]] — governance infrastructure +- Tests futarchy application beyond digital-native projects +- Provides data point on market appetite for agricultural RWA tokenization \ No newline at end of file diff --git a/entities/internet-finance/mycorealms.md b/entities/internet-finance/mycorealms.md new file mode 100644 index 00000000..fb23a052 --- /dev/null +++ b/entities/internet-finance/mycorealms.md @@ -0,0 +1,45 @@ +--- +type: entity +entity_type: company +name: MycoRealms +domain: internet-finance +status: failed +founded: 2026 +headquarters: India +key_people: + - crypticmeta (founder, blockchain developer) + - Ram (operations, mushroom production) +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: "refunded" + token_supply: "15.9M max (12.9M circulating at launch)" + token_allocations: + ico: "10M (62.9%)" + liquidity: "2.9M (18.2%)" + team: "3M (18.9% performance-locked)" +tracked_by: rio +created: 2026-03-11 +--- + +# MycoRealms + +MycoRealms was a futarchy-governed mushroom farming operation that attempted to raise $200,000 through Futardio to build climate-controlled production facilities in India. The project represented an early test of applying MetaDAO's futarchy governance to physical infrastructure and agricultural operations. The raise failed to meet its 24-hour target, resulting in full refunds to participants. + +The project proposed a phased buildout starting with 3 growing rooms and scaling to 12+ rooms with in-house composting, medicinal mushroom production, and export capabilities. All capital expenditures beyond a $10,000 monthly allowance would have required futarchy proposal approval. Team tokens were structured with performance unlocks at 2x, 4x, 8x, 16x, and 32x ICO price with 18-month minimum cliff. + +## Timeline + +- **2026-03-03** — [[mycorealms-futardio-fundraise]] launched: $200K target for mushroom farm infrastructure with futarchy-governed CAPEX deployment +- **2026-03-04** — Raise closed at $158,067 (79% of target), triggering full refund per all-or-nothing terms + +## Relationship to KB + +- [[futardio]] — launch platform +- [[metadao]] — governance infrastructure provider +- Tested futarchy application to physical infrastructure and agriculture +- Demonstrated market skepticism toward early-stage agricultural RWA tokenization \ No newline at end of file diff --git a/inbox/archive/2026-03-03-futardio-launch-mycorealms.md b/inbox/archive/2026-03-03-futardio-launch-mycorealms.md index beb3f58f..09dd848e 100644 --- a/inbox/archive/2026-03-03-futardio-launch-mycorealms.md +++ b/inbox/archive/2026-03-03-futardio-launch-mycorealms.md @@ -6,9 +6,13 @@ 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 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Failed Futardio raise for futarchy-governed mushroom farm. No novel claims—this is purely entity/factual data about a specific fundraise outcome. The governance structure (monthly allowance + futarchy CAPEX gates) was already covered in existing claims about futarchy-governed physical infrastructure. The 79% funding level is a data point, not an arguable proposition. Created entity pages for MycoRealms company and the fundraise decision market, plus timeline update to Futardio." --- ## Launch Details @@ -194,3 +198,13 @@ _Note: MycoRealms is not a financial product. $MYCO tokens represent governance - Token mint: `6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta` - Version: v0.7 - Closed: 2026-03-04 + + +## Key Facts +- MycoRealms raised $158,067 of $200,000 target (79%) before refunding (2026-03-03 to 2026-03-04) +- Token allocation: 10M ICO (62.9%), 2.9M liquidity (18.2%), 3M team performance-locked (18.9%) +- Team tokens locked with unlocks at 2x, 4x, 8x, 16x, 32x ICO price, 18-month minimum cliff +- Proposed $10K monthly allowance with futarchy-governed CAPEX approval for amounts beyond +- First post-raise proposal would have been $50K infrastructure deployment +- Team: crypticmeta (blockchain developer, OrdinalNovus founder) and Ram (5+ years mushroom production) +- Planned buildout: 3 rooms initially, scaling to 12+ with in-house composting and medicinal mushrooms