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994c213801 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 12:19:16 +00:00
5 changed files with 37 additions and 57 deletions

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@ -1,29 +0,0 @@
---
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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@ -46,7 +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]] launched first futarchy-governed physical infrastructure raise ($200K target for mushroom farm), reached $158,067 (79%) before entering refunding
- **2026-03-03** — [[mycorealms]] launched $200K mushroom farm raise, reached $158K (79%) before refunding, first physical infrastructure project on platform
## 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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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2026-03** — Pine Analytics Q4 2025 quarterly report published
- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
- **2026-03-03** — MycoRealms attempted first futarchy-governed physical infrastructure raise ($200K mushroom farm), reached 79% before refunding
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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@ -4,33 +4,43 @@ 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
founded: 2025
headquarters: India
key_people:
- crypticmeta (founder, blockchain developer)
- Ram (operations, 5+ years mushroom production)
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"
raise_outcome: "refunded"
token_symbol: "MYCO"
token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta"
total_supply: "15.9M"
circulating_at_launch: "12.9M"
platforms:
- Futardio
- Solana
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.
MycoRealms is a 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 measurable operational KPIs.
The team spent 2025 preparing: interning at ICAR-DMR Solan (India's national mushroom research institute), working in commercial farms, conducting market research, and securing verbal commitments from 15+ wholesalers. The raise targeted Phase 1 infrastructure ($50K CAPEX): accommodation, 3 growing rooms with automated climate control, DG set, and working capital.
Governance structure: $10,000 monthly treasury allowance for operations, all expenditures beyond allowance require futarchy approval. Team allocation: 3M tokens (18.9%) locked with performance vesting at 2x/4x/8x/16x/32x price milestones, 18-month minimum cliff, 3-month TWAP settlement. Zero team tokens circulating at launch.
## 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
- **2025** — Team preparation: ICAR-DMR internship, commercial farm experience, market research, vendor quotations, secured 15+ wholesaler commitments
- **2026-03-03** — Futardio fundraise launched: $200K target, 24-hour window, raised $158,067 (79% of target)
- **2026-03-04**Fundraise closed with refunds (failed to reach target)
## 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
- [[MetaDAO]] — governance infrastructure provider
- Demonstrates futarchy governance extending to physical infrastructure with measurable KPIs (temperature, humidity, CO2, yield)
- First agricultural project attempting futarchy-governed capital deployment
- Tests whether prediction markets can price physical infrastructure CAPEX decisions

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@ -11,9 +11,9 @@ 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"]
enrichments_applied: ["futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md", "performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.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."
extraction_notes: "First physical infrastructure project on Futardio. Demonstrates futarchy governance extending beyond digital assets to real-world operations with measurable KPIs. Failed to reach funding target but provides important data on market appetite for futarchy-governed physical infrastructure. No novel claims warranted—all insights enrich existing claims about futarchy governance, performance vesting, and treasury management. Entity created for MycoRealms as significant failed attempt (raised $158K, well above significance threshold)."
---
## Launch Details
@ -202,14 +202,12 @@ _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 (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)
- MycoRealms raised $158,067 of $200,000 target (79%) in 24-hour Futardio launch (2026-03-03)
- Team: crypticmeta (blockchain developer, built OrdinalNovus to $30M volume) and Ram (5+ years mushroom production)
- Token allocation: 10M ICO (62.9%), 2.9M liquidity (18.2%), 3M team performance vesting (18.9%)
- Liquidity structure: 2M tokens Futarchy AMM, 900K Meteora pool, $40K (20% of raise) paired
- Team vesting: 5 tranches at 2x/4x/8x/16x/32x ICO price, 18-month cliff, 3-month TWAP settlement
- Treasury structure: $10K monthly allowance, CAPEX beyond allowance requires futarchy approval
- First planned proposal: $50K CAPEX for infrastructure (accommodation, 3 growing rooms, DG set)
- Preparation: 2025 internship at ICAR-DMR Solan, commercial farm work, 15+ wholesaler commitments
- Target: climate-controlled button mushroom production, plan to scale to 12 rooms then medicinal mushrooms