--- type: entity entity_type: company name: MycoRealms domain: internet-finance status: failed founded: 2025 platform: futardio website: https://mycorealms.com social: twitter: https://x.com/mycorealms telegram: https://t.me/+F684wVS-F0oyNzE1 key_metrics: raise_target: "$200,000" raise_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 MycoRealms attempted to build the first futarchy-governed agricultural infrastructure project, raising capital through Futardio to construct a climate-controlled mushroom production facility. The project reached $158,067 (79%) of its $200,000 target before entering REFUNDING status, representing the first documented attempt to apply prediction market governance to physical real-world infrastructure rather than digital protocols. The governance structure separated operational spending ($10,000 monthly allowance) from capital expenditures, requiring all CAPEX decisions to pass through futarchy proposal markets. The first planned proposal was a $50,000 infrastructure deployment for construction, growing rooms, and climate control equipment. ## Timeline - **2025** — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, market research, vendor quotations, secured preliminary farm location - **2026-03-03** — Futardio fundraise launched: $200,000 target, 24-hour window, futarchy-governed CAPEX deployment - **2026-03-04** — Raise closed in REFUNDING status at $158,067 (79% of target) ## Relationship to KB - [[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]] — first physical infrastructure raise on platform - [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]] — primary claim - [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — case study in adoption barriers for physical infrastructure