---
type: entity
entity_type: company
name: MycoRealms
domain: internet-finance
status: failed
founded: 2025
platform: futardio
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_provision: "2.9M tokens (18.2%)"
  team_allocation: "3M tokens (18.9%)"
  monthly_allowance: "$10,000"
website: https://mycorealms.com
social:
  twitter: https://x.com/mycorealms
  telegram: https://t.me/+F684wVS-F0oyNzE1
tracked_by: rio
created: 2026-03-11
---

# MycoRealms

MycoRealms was the first futarchy-governed physical infrastructure project, attempting to raise $200,000 to build a climate-controlled mushroom production facility governed entirely through MetaDAO's futarchy system. The project raised $158,067 in 24 hours but failed to reach its target, entering refunding status. The governance structure eliminated direct treasury access, requiring all CAPEX expenditures beyond a $10,000 monthly allowance to pass through futarchy decision markets.

## 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 vendor quotations and preliminary farm location
- **2026-03-03** — Launch on Futardio with $200,000 raise target and 24-hour window. Governance structure: $10,000 monthly allowance with futarchy-required approval for all CAPEX. First planned proposal: $50,000 CAPEX for 3 growing rooms, accommodation, and DG set. Public operations ledger via Arweave for full transparency
- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status. Full refunds issued per unruggable ICO mechanism

## Relationship to KB

- First application of [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] to physical agricultural infrastructure
- Demonstrated [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] through monthly allowance structure
- Team allocation used [[performance-unlocked team tokens with price-multiple triggers and TWAP settlement create long-term alignment without initial dilution]] with 2x-32x price triggers and 18-month cliff