---
type: entity
entity_type: company
name: MycoRealms
domain: internet-finance
status: refunded
founded: 2025
headquarters: India
key_people:
  - crypticmeta (founder, blockchain developer)
  - Ram (operations, mushroom production)
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: "refunded"
  token_supply: "15.9M max (12.9M circulating at launch)"
  token_allocation:
    ico: "10M (62.9%)"
    liquidity: "2.9M (18.2%)"
    team: "3M (18.9%, performance-locked)"
tracked_by: rio
created: 2026-03-11
---

# MycoRealms

MycoRealms was the first attempt to build futarchy-governed physical agricultural infrastructure, raising capital through Futardio to build a climate-controlled mushroom production facility where all capital expenditures beyond a $10,000 monthly allowance would require conditional market approval. The project failed to reach its $200,000 raise target within the 24-hour window, raising $158,067 (79%) before entering automatic refund status on 2026-03-04.

The team spent 2025 preparing through internships at ICAR-DMR Solan (India's national mushroom research institute), hands-on commercial farm work, market research, and securing verbal commitments from 15+ wholesalers. The governance model required all invoices, expenses, harvest records, and operational photos to be published on a public ledger via Arweave, with the team having zero direct treasury access.

## Timeline

- **2025** — Team preparation: internship at ICAR-DMR Solan, commercial farm work, market research, vendor quotations, secured verbal commitments from 15+ wholesalers
- **2026-03-03** — Launched $200K raise on Futardio with 24-hour all-or-nothing window; structured with $10K monthly allowance and futarchy-governed CAPEX; team tokens locked until 2x/4x/8x/16x/32x price multiples with 18-month cliff
- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status; full capital return to participants

## Relationship to KB

- [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]] — first agricultural futarchy attempt
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — team token structure
- [[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]] — launch platform
- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — refund mechanism in action