--- type: entity entity_type: company name: MycoRealms domain: internet-finance status: failed founded: 2025 website: https://mycorealms.com social: 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%) with performance unlocks" tracked_by: rio created: 2026-03-11 --- # MycoRealms MycoRealms attempted to build the first futarchy-governed physical infrastructure project—a climate-controlled mushroom farming operation on Solana. The project raised $158,067 toward a $200,000 target through Futardio before entering refunding status when the 24-hour raise window closed without meeting the threshold. The team included crypticmeta (blockchain developer, previously built OrdinalNovus exchange reaching $30M volume) and Ram (5+ years commercial mushroom production experience). The governance model required futarchy approval for all CAPEX beyond a $10,000 monthly allowance, with the first proposal planned as $50,000 for infrastructure construction. ## Timeline - **2025** — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, market research, vendor quotations, secured 15+ wholesaler commitments - **2026-03-03** — Futardio fundraise launched: $200,000 target, 24-hour window, 10M ICO tokens at 62.9% of total supply - **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status ## Relationship to KB - [[futardio]] — launch platform - [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — extends futarchy governance to physical infrastructure - [[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]] — demonstrates platform capability for non-crypto use cases