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f2ff5fe547 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)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 15:24:41 +00:00
5 changed files with 80 additions and 54 deletions

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@ -1,27 +0,0 @@
---
type: entity
entity_type: person
name: crypticmeta
domain: internet-finance
status: active
role: founder
affiliations:
- MycoRealms
- OrdinalNovus (former)
tracked_by: rio
created: 2026-03-11
---
# crypticmeta
Freelance blockchain developer on Solana and Bitcoin since 2018. Co-founder of MycoRealms, the first futarchy-governed agricultural infrastructure project.
## Timeline
- **2018-present** — Freelance blockchain development on Solana and Bitcoin
- **~2023-2024** — Built and scaled OrdinalNovus, a CBRC token exchange on Bitcoin Ordinals that reached $30M in trading volume
- **2025** — Co-founded MycoRealms, spent year preparing for futarchy-governed mushroom farming operation
- **2026-03-03** — Launched MycoRealms fundraise on Futardio
## Relationship to KB
- [[mycorealms]] — co-founder, blockchain/governance lead
- [[futardio]] — used platform for MycoRealms launch

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@ -46,7 +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 (mushroom farming), raised $158,067 of $200,000 target before entering 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."

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@ -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

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@ -4,36 +4,42 @@ entity_type: company
name: MycoRealms
domain: internet-finance
status: failed
founded: 2025
founded: 2026
headquarters: India
key_people:
- crypticmeta (founder, blockchain developer)
- Ram (operations, mushroom production)
website: https://mycorealms.com
twitter: https://x.com/mycorealms
telegram: https://t.me/+F684wVS-F0oyNzE1
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"
raise_outcome: "refunded"
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%, performance-locked)"
monthly_allowance: "$10,000"
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
Futarchy-governed mushroom farming operation that attempted to raise $200,000 through Futardio for climate-controlled button mushroom production in India. The project represents the first attempt to apply MetaDAO's futarchy governance to physical agricultural infrastructure, with market-controlled CAPEX deployment and transparent operations logging via Arweave.
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 raise failed to reach its 24-hour funding target and entered refunding status, but demonstrated novel mechanisms including performance-locked team tokens (unlocking at 2x/4x/8x/16x/32x price multiples with 18-month minimum cliff) and a $10,000 monthly treasury allowance with futarchy approval required for expenditures beyond that threshold.
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
- **2025** — Team spent year preparing: interned at ICAR-DMR Solan (India's national mushroom research institute), worked in commercial farms, conducted market research, secured verbal commitments from 15+ wholesalers
- **2026-03-03**Futardio fundraise launched with $200,000 target and 24-hour window
- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status
- **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
- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — extends futarchy beyond meme coins to physical infrastructure
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — implements aggressive performance vesting structure
- [[futardio]] — launched on this platform
- [[metadao]] — governance system used
- [[futardio]] — launch platform
- [[metadao]] — governance infrastructure provider
- Tested futarchy application to physical infrastructure and agriculture
- Demonstrated market skepticism toward early-stage agricultural RWA tokenization

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@ -11,9 +11,8 @@ 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 liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.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 futarchy-governed physical infrastructure project. Failed to reach funding target but demonstrates mechanism extension beyond digital assets. No novel claims warranted — all insights enrich existing claims about futarchy adoption, performance vesting, and unruggable ICO enforcement. Created entities for MycoRealms (company) and crypticmeta (person) as both meet significance threshold (>$150K raised, novel governance application)."
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
@ -202,10 +201,10 @@ _Note: MycoRealms is not a financial product. $MYCO tokens represent governance
## Key Facts
- MycoRealms raised $158,067 of $200,000 target (79% funded) before entering refunding status (2026-03-03)
- Token supply: 15.9M max, 12.9M circulating at launch (10M ICO, 2.9M liquidity, 3M team performance-locked)
- Team allocation unlocks at 2x/4x/8x/16x/32x ICO price with 18-month minimum cliff and 3-month TWAP settlement
- Monthly treasury allowance: $10,000; CAPEX beyond that requires futarchy approval
- First planned futarchy proposal: $50,000 CAPEX for infrastructure (accommodation, 3 growing rooms, DG set)
- Team: crypticmeta (blockchain dev, built OrdinalNovus to $30M volume) and Ram (5+ years commercial mushroom production)
- Preparation: 2025 spent interning at ICAR-DMR Solan, working in commercial farms, securing 15+ wholesaler commitments
- 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