--- type: entity entity_type: company name: MycoRealms domain: internet-finance status: failed founded: 2025 website: https://mycorealms.com twitter: https://x.com/mycorealms telegram: https://t.me/+F684wVS-F0oyNzE1 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%, performance-locked)" monthly_allowance: "$10,000" 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. 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. ## 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 ## 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