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entities/internet-finance/crypticmeta.md
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entities/internet-finance/crypticmeta.md
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---
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type: entity
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entity_type: person
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name: crypticmeta
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domain: internet-finance
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status: active
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role: founder
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affiliations:
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- MycoRealms
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- OrdinalNovus (former)
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tracked_by: rio
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created: 2026-03-11
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---
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# crypticmeta
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Freelance blockchain developer on Solana and Bitcoin since 2018. Co-founder of MycoRealms, the first futarchy-governed agricultural infrastructure project.
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## Timeline
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- **2018-present** — Freelance blockchain development on Solana and Bitcoin
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- **~2023-2024** — Built and scaled OrdinalNovus, a CBRC token exchange on Bitcoin Ordinals that reached $30M in trading volume
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- **2025** — Co-founded MycoRealms, spent year preparing for futarchy-governed mushroom farming operation
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- **2026-03-03** — Launched MycoRealms fundraise on Futardio
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## Relationship to KB
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- [[mycorealms]] — co-founder, blockchain/governance lead
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- [[futardio]] — used platform for MycoRealms launch
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@ -46,7 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **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
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2026-03-03** — [[mycorealms-futardio-fundraise]] launched: $200K target for mushroom farm, closed at $158K (79%), refunded
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- **2026-03-03** — [[mycorealms]] launch: first futarchy-governed physical infrastructure project (mushroom farming), raised $158,067 of $200,000 target before entering refunding status
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **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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@ -1,48 +0,0 @@
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---
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type: entity
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entity_type: decision_market
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name: "MycoRealms: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[mycorealms]]"
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platform: futardio
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proposer: crypticmeta
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proposal_url: "https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf"
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proposal_date: 2026-03-03
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resolution_date: 2026-03-04
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category: fundraise
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summary: "$200K raise for futarchy-governed mushroom farm infrastructure with market-controlled CAPEX deployment"
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raise_target: "$200,000"
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total_committed: "$158,067"
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token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta"
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tracked_by: rio
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created: 2026-03-11
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---
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# MycoRealms: Futardio Fundraise
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## Summary
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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.
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## Market Data
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- **Outcome:** Failed (refunded)
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- **Raise Target:** $200,000
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- **Total Committed:** $158,067 (79% of target)
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- **Duration:** 24 hours (2026-03-03 to 2026-03-04)
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- **Token:** 6A5 (15.9M max supply, 12.9M circulating at launch)
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- **Proposer:** crypticmeta
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## Significance
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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.
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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.
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## Relationship to KB
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- [[futardio]] — launch platform
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- [[metadao]] — governance infrastructure
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- Tests futarchy application beyond digital-native projects
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- Provides data point on market appetite for agricultural RWA tokenization
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@ -4,42 +4,36 @@ entity_type: company
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name: MycoRealms
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domain: internet-finance
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status: failed
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founded: 2026
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headquarters: India
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key_people:
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- crypticmeta (founder, blockchain developer)
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- Ram (operations, mushroom production)
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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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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_outcome: "refunded"
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raise_outcome: "refunding"
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token_supply: "15.9M max (12.9M circulating at launch)"
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token_allocations:
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ico: "10M (62.9%)"
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liquidity: "2.9M (18.2%)"
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team: "3M (18.9% performance-locked)"
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ico_allocation: "10M tokens (62.9%)"
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liquidity_allocation: "2.9M tokens (18.2%)"
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team_allocation: "3M tokens (18.9%, performance-locked)"
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monthly_allowance: "$10,000"
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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 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.
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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.
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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.
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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.
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## Timeline
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- **2026-03-03** — [[mycorealms-futardio-fundraise]] launched: $200K target for mushroom farm infrastructure with futarchy-governed CAPEX deployment
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- **2026-03-04** — Raise closed at $158,067 (79% of target), triggering full refund per all-or-nothing terms
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- **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
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- **2026-03-03** — Futardio fundraise launched with $200,000 target and 24-hour window
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- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status
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## Relationship to KB
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- [[futardio]] — launch platform
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- [[metadao]] — governance infrastructure provider
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- Tested futarchy application to physical infrastructure and agriculture
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- Demonstrated market skepticism toward early-stage agricultural RWA tokenization
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — extends futarchy beyond meme coins to physical infrastructure
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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 vesting structure
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- [[futardio]] — launched on this platform
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- [[metadao]] — governance system used
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@ -11,8 +11,9 @@ 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", "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"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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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."
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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)."
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---
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## Launch Details
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@ -201,10 +202,10 @@ _Note: MycoRealms is not a financial product. $MYCO tokens represent governance
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## Key Facts
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- MycoRealms raised $158,067 of $200,000 target (79%) before refunding (2026-03-03 to 2026-03-04)
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- Token allocation: 10M ICO (62.9%), 2.9M liquidity (18.2%), 3M team performance-locked (18.9%)
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- Team tokens locked with unlocks at 2x, 4x, 8x, 16x, 32x ICO price, 18-month minimum cliff
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- Proposed $10K monthly allowance with futarchy-governed CAPEX approval for amounts beyond
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- First post-raise proposal would have been $50K infrastructure deployment
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- Team: crypticmeta (blockchain developer, OrdinalNovus founder) and Ram (5+ years mushroom production)
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- Planned buildout: 3 rooms initially, scaling to 12+ with in-house composting and medicinal mushrooms
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- MycoRealms raised $158,067 of $200,000 target (79% funded) before entering refunding status (2026-03-03)
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- Token supply: 15.9M max, 12.9M circulating at launch (10M ICO, 2.9M liquidity, 3M team performance-locked)
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- Team allocation unlocks at 2x/4x/8x/16x/32x ICO price with 18-month minimum cliff and 3-month TWAP settlement
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- Monthly treasury allowance: $10,000; CAPEX beyond that requires futarchy approval
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- First planned futarchy proposal: $50,000 CAPEX for infrastructure (accommodation, 3 growing rooms, DG set)
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- Team: crypticmeta (blockchain dev, built OrdinalNovus to $30M volume) and Ram (5+ years commercial mushroom production)
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- Preparation: 2025 spent interning at ICAR-DMR Solan, working in commercial farms, securing 15+ wholesaler commitments
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