Compare commits
1 commit
883547ced4
...
f2ff5fe547
| Author | SHA1 | Date | |
|---|---|---|---|
|
|
f2ff5fe547 |
4 changed files with 77 additions and 41 deletions
|
|
@ -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]] fundraise launched: first futarchy-governed physical infrastructure project (mushroom farming), raised $158,067 toward $200K target before refunding
|
||||
- **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."
|
||||
|
|
|
|||
48
entities/internet-finance/mycorealms-futardio-fundraise.md
Normal file
48
entities/internet-finance/mycorealms-futardio-fundraise.md
Normal file
|
|
@ -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
|
||||
|
|
@ -3,8 +3,12 @@ type: entity
|
|||
entity_type: company
|
||||
name: MycoRealms
|
||||
domain: internet-finance
|
||||
status: active
|
||||
founded: 2025
|
||||
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
|
||||
|
|
@ -12,44 +16,30 @@ social:
|
|||
key_metrics:
|
||||
raise_target: "$200,000"
|
||||
total_committed: "$158,067"
|
||||
raise_status: "refunding"
|
||||
token_symbol: "MYCO"
|
||||
token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta"
|
||||
total_supply: "15.9M"
|
||||
circulating_at_launch: "12.9M"
|
||||
ico_allocation: "10M (62.9%)"
|
||||
liquidity_provision: "2.9M (18.2%)"
|
||||
team_allocation: "3M (18.9%)"
|
||||
monthly_allowance: "$10,000"
|
||||
governance_platform: "[[metadao]]"
|
||||
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 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.
|
||||
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 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.
|
||||
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 preparation: internships at ICAR-DMR Solan, commercial farm experience, market research, vendor quotations, secured preliminary farm location
|
||||
- **2026-03-03** — Futardio fundraise launched: $200K target, 24-hour window, raised $158,067 before refunding
|
||||
- **2026-03-04** — Fundraise closed in refunding status (did not reach $200K minimum)
|
||||
|
||||
## Governance Structure
|
||||
|
||||
Treasury control enforced through:
|
||||
- $10,000 monthly allowance for operations
|
||||
- All CAPEX beyond allowance requires futarchy proposal approval
|
||||
- First planned proposal: $50K CAPEX for infrastructure (3 growing rooms, accommodation, DG set)
|
||||
- Team tokens: 3M locked with performance unlocks at 2x/4x/8x/16x/32x ICO price, 18-month minimum cliff, 3-month TWAP settlement
|
||||
- Operational transparency: all invoices, expenses, harvest records published on Arweave
|
||||
- **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 governance from meme coins 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 application to real-world production
|
||||
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — implements aggressive performance-unlock structure
|
||||
- [[metadao]] — governance platform
|
||||
- [[futardio]] — fundraising platform
|
||||
- [[futardio]] — launch platform
|
||||
- [[metadao]] — governance infrastructure provider
|
||||
- Tested futarchy application to physical infrastructure and agriculture
|
||||
- Demonstrated market skepticism toward early-stage agricultural RWA tokenization
|
||||
|
|
@ -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", "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"]
|
||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
||||
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."
|
||||
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
|
||||
|
|
@ -202,11 +201,10 @@ _Note: MycoRealms is not a financial product. $MYCO tokens represent governance
|
|||
|
||||
|
||||
## Key Facts
|
||||
- MycoRealms raise target: $200,000 (2026-03-03)
|
||||
- MycoRealms total committed: $158,067 before refunding (2026-03-04)
|
||||
- MycoRealms token: MYCO (6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta)
|
||||
- MycoRealms total supply: 15.9M tokens (12.9M circulating at launch)
|
||||
- MycoRealms team: crypticmeta (blockchain dev, OrdinalNovus founder) and Ram (5+ years mushroom production)
|
||||
- MycoRealms monthly allowance: $10,000 for operations
|
||||
- MycoRealms first planned CAPEX proposal: $50K for infrastructure (3 growing rooms, accommodation, DG set)
|
||||
- MycoRealms team tokens: 3M locked with unlocks at 2x/4x/8x/16x/32x ICO price, 18-month minimum cliff, 3-month TWAP
|
||||
- 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
|
||||
|
|
|
|||
Loading…
Reference in a new issue