--- type: entity entity_type: company name: MycoRealms domain: internet-finance status: failed founded: 2025 platform: futardio key_metrics: raise_target: "$200,000" raise_actual: "$158,067" raise_success_rate: "79%" token_supply: "15.9M" team_allocation: "3M (18.9%, fully locked)" ico_allocation: "10M (62.9%)" liquidity_allocation: "2.9M (18.2%)" tracked_by: rio created: 2026-03-11 --- # MycoRealms ## Overview MycoRealms was a futarchy-governed mushroom farming project that attempted to raise $200,000 on Futardio to build climate-controlled agricultural infrastructure in India. The project reached $158,067 (79% of target) before the 24-hour raise window closed, triggering full refunds. It represented the first documented attempt to apply MetaDAO's futarchy governance to physical agricultural infrastructure rather than digital assets. ## Timeline - **2025** — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), hands-on commercial farm work, market research across multiple states, vendor quotations, verbal commitments from 15+ wholesalers - **2026-03-03** — Launch on Futardio with $200K target, 24-hour raise window - **2026-03-04** — Raise closed at $158,067 (79% of target), status: refunding, full refunds issued ## Governance Structure MycoRealms designed a hybrid governance model: - Monthly operational allowance: $10,000 (no market approval required) - Strategic CAPEX: Market-governed through conditional tokens - First planned proposal: $50,000 infrastructure deployment - Treasury access: Team had zero direct access - Transparency: All operations to be published to Arweave ## Team - **crypticmeta** — Solana/Bitcoin developer since 2018, previously built OrdinalNovus ($30M trading volume) - **Ram** — 5+ years commercial mushroom production, managed 5-6 growing units across 5 states ## Token Economics Total supply: 15.9M (12.9M circulating at launch) - ICO tokens: 10M (62.9%) - Liquidity provision: 2.9M (18.2%) - Team performance package: 3M (18.9%, fully locked) Team tokens unlock at 2x, 4x, 8x, 16x, 32x ICO price via 3-month TWAP with 18-month minimum cliff. Zero team tokens circulating at launch. ## Relationship to KB - [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]] — primary claim - [[futardio]] — launch platform - [[metadao]] — governance infrastructure provider