0762ae6ced
- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
213 lines
10 KiB
Markdown
213 lines
10 KiB
Markdown
---
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type: source
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title: "Futardio: Mycorealms fundraise goes live"
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author: "futard.io"
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url: "https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf"
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date: 2026-03-03
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domain: internet-finance
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format: data
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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claims_extracted: ["myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-158k-mushroom-farm-raise-with-market-controlled-capex-deployment.md"]
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enrichments_applied: ["futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch.md", "MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window.md", "futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.md", "internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md"]
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "First futarchy-governed physical infrastructure raise. Failed to meet target but demonstrates both the credibility of unruggable ICO mechanisms (automatic refunds worked as designed) and potential limitations of applying futarchy to operations with longer feedback loops than digital protocols. Team allocation structure with performance-based unlocks is novel but was never activated. Source contains detailed operational planning (quarterly milestones, vendor relationships, market research) that provides context for why this use case is challenging for futarchy governance."
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---
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## Launch Details
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- Project: Mycorealms
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- Description: MycoRealms is raising to build, operate and scale sustainable agri ecosystem — governed entirely through MetaDAO's futarchy system
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- Funding target: $200,000.00
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- Total committed: $158,067.00
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- Status: Refunding
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- Launch date: 2026-03-03
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- URL: https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf
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## Team / Description
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# MycoRealms: The First Futarchy-Governed Farm on Solana
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We grow mushrooms. The community funds and governs the farms. Every decision, expense, and harvest is public.
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MycoRealms is raising to build, operate and scale sustainable agri ecosystem — governed entirely through MetaDAO's futarchy system
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---
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## What we're building
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The aim is to build a farming ecosystem with multiple sources of revenue, starting with a climate-controlled button mushroom production facility that generates revenue all year round. It's clean and sustainable. Plan to enter medicinal mushrooms and export after scaling edible mushroom farm to 12 growing rooms.
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---
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## Use of Funds
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Phase 1 infrastructure ($50K CAPEX):
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- Accommodation and base construction
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- 3 growing rooms with PUF insulation and automated climate control
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- DG set and supporting infrastructure
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- Working capital for initial operations (compost sourced externally for first cycles)
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All major capital expenditures will be proposed and executed through futarchy governance.
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> The first proposal post-raise will be a **$50,000 USD CAPEX** withdrawal to initiate construction and infrastructure setup. This proposal must pass through decision markets before funds are deployed.
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---
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## Why mushrooms
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- Fast crop cycles (multiple per year)
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- Fully measurable variables — temperature, humidity, CO2, yield
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- Large and growing market
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- Highly standardized production system suitable for transparent reporting
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- Economics of scale
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- High margin specially for medicinal ones
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---
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## What we've done so far
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We spent all of 2025 preparing.
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- Interned with scientists at ICAR-DMR Solan (India's national mushroom research institute)
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- Worked hands-on in commercial farms
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- Conducted market research across multiple states
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- Collected vendor quotations and compared suppliers
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- Verbal commitments from 15+ wholesalers
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- Built a Detailed Project Report aligned with ICAR economic models
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- Designed an application layer for document uploads and operational logs
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- Secured preliminary farm location and climate-control quotations
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---
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## Team
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**crypticmeta** — freelance blockchain developer on Solana and Bitcoin since 2018. Previously built and scaled [OrdinalNovus](https://coinranking.com/exchange/4YiruhW_y+ordinalnovus), a CBRC token exchange on Bitcoin Ordinals that hit $30M in trading volume. Now applying that experience to real-world agriculture.
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**Ram** — 5+ years in commercial mushroom production. Has managed operations across 5–6 growing units, handling end-to-end production, supplier sourcing, and wholesale distribution across 5 states. Leads all on-ground operations for MycoRealms.
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---
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## How governance works
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There is no voting in MycoRealms. There is only trading.
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When a proposal is made — for example, "Release $50K USDC for CAPEX investment in infrastructure" — two conditional markets open. Traders buy into whichever outcome they believe creates more value. The market determines the result.
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The team cannot access the treasury directly. We operate on a defined monthly allowance. Any expenditure beyond that allowance requires a futarchy proposal and market approval.
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Every invoice, expense, harvest record, and operational photo will be published on our public ops ledger via Arweave. Transparency is the default.
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---
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## Raise details
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| --------------------- | ------------------------------------- |
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| **Raise Target** | $200,000 USDC |
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| **Monthly Allowance** | $10,000 |
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| **Raise Window** | 24 hours on Futardio (permissionless) |
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**Total Token Supply** — 15.9M max (12.9M circulating at launch):
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| Allocation | Tokens | Share |
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| ------------------------ | -----: | ----: |
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| ICO tokens | 10M | 62.9% |
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| Liquidity provision | 2.9M | 18.2% |
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| Team performance package | 3.0M | 18.9% |
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**Liquidity provision breakdown:**
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- 2M tokens on Futarchy AMM
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- 900K tokens on Meteora pool
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- 20% of funds raised ($40K) paired with LP tokens
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> If the raise does not reach $200K within 24 hours — **full refunds.**
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> If the target is reached — treasury, spending limits, and liquidity deploy automatically.
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---
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## Team allocation — performance only
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3M tokens are locked at launch.
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Five tranches unlock at 2x, 4x, 8x, 16x, and 32x the ICO price, with a minimum 18-month cliff before any unlock (evaluated via 3-month TWAP, not spot price).
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At launch, **0 team tokens** are circulating. If the token never reaches 2x, the team receives nothing.
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---
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## Execution Plan
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**Monthly treasury allowance: $10,000**
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Pre-revenue — covers infrastructure, raw materials, team, and tech.
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Post-revenue — farm income covers operations; treasury allowance redirects fully to scaling.
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**Quarterly milestones:**
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| Quarter | Milestones |
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| ------- | ------------------------------------------------------------------------------------------------------------------------------------ |
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| Q2 2026 | CAPEX proposal ($50K) — accommodation, 3 growing rooms, DG set, base construction. Compost sourced externally for first cycles |
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| Q3 2026 | First harvests begin, wholesale deliveries start. Products reaching 1,000+ households. Revenue covers team wages and operating costs |
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| Q4 2026 | 4th–5th rooms. Treasury fully redirected to scaling (~$12K per room approx). Compost unit construction begins |
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| Q1 2027 | 5+ rooms with in-house composting operational. Compost sales to local farmers begin |
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| 2027+ | Target 12 rooms. Medicinal mushrooms, spawn lab, export exploration |
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All figures are approximate and subject to change. Expenditures beyond the monthly allowance require futarchy approval.
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---
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## Long-term vision
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The goal is to prove that decentralized governance can coordinate real-world production transparently — starting with agriculture.
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> Worst case — a fully transparent, community-governed mushroom farm.
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> Best case — a blueprint for futarchy-directed real-world infrastructure.
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_This is agriculture rebuilt for the internet._
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---
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## Links
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- Website: [mycorealms.com](https://mycorealms.com)
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- Telegram: [https://t.me/+F684wVS-F0oyNzE1](https://t.me/+F684wVS-F0oyNzE1)
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- X: [@mycorealms](https://x.com/mycorealms)
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---
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_Note: MycoRealms is not a financial product. $MYCO tokens represent governance participation in a DAO. No revenue sharing, yields, or returns are promised or implied._
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## Links
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- Website: https://mycorealms.com
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- Twitter: https://x.com/mycorealms
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- Telegram: https://t.me/+F684wVS-F0oyNzE1
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## Raw Data
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- Launch address: `A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf`
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- Token: 6A5 (6A5)
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- Token mint: `6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta`
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- Version: v0.7
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- Closed: 2026-03-04
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## Key Facts
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- MycoRealms team: crypticmeta (Solana/Bitcoin dev, scaled OrdinalNovus to $30M volume) and Ram (5+ years commercial mushroom production)
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- Planned infrastructure: 3 growing rooms with PUF insulation and automated climate control, DG set, accommodation
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- Revenue model: button mushroom production (year-round), planned expansion to medicinal mushrooms and export
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- Governance: $10K monthly allowance, all CAPEX requires futarchy approval, first proposal planned for $50K infrastructure deployment
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- Token allocation: 10M ICO (62.9%), 2.9M liquidity (18.2%), 3M team (18.9% with performance unlocks)
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- Team vesting: 0 tokens at launch, unlocks at 2x/4x/8x/16x/32x ICO price, 18-month cliff, 3-month TWAP evaluation
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- Raise mechanics: 24-hour window, $200K target, automatic refund if target missed, automatic deployment if target met
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- Actual outcome: $158,067 raised (79% of target), full refunds triggered 2026-03-04
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