--- type: entity entity_type: company name: MycoRealms domain: internet-finance status: failed founded: 2026 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_allocations: 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 a futarchy-governed mushroom farming operation that attempted to raise $200,000 through Futardio to build climate-controlled production facilities in India. The project represented an early test of applying MetaDAO's futarchy governance to physical infrastructure and agricultural operations. The raise failed to meet its 24-hour target, resulting in full refunds to participants. The project proposed a phased buildout starting with 3 growing rooms and scaling to 12+ rooms with in-house composting, medicinal mushroom production, and export capabilities. All capital expenditures beyond a $10,000 monthly allowance would have required futarchy proposal approval. Team tokens were structured with performance unlocks at 2x, 4x, 8x, 16x, and 32x ICO price with 18-month minimum cliff. ## Timeline - **2026-03-03** — [[mycorealms-futardio-fundraise]] launched: $200K target for mushroom farm infrastructure with futarchy-governed CAPEX deployment - **2026-03-04** — Raise closed at $158,067 (79% of target), triggering full refund per all-or-nothing terms ## Relationship to KB - [[futardio]] — launch platform - [[metadao]] — governance infrastructure provider - Tested futarchy application to physical infrastructure and agriculture - Demonstrated market skepticism toward early-stage agricultural RWA tokenization