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58 lines
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4.6 KiB
Markdown
58 lines
No EOL
4.6 KiB
Markdown
---
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type: entity
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entity_type: company
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name: MycoRealms
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domain: internet-finance
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status: active
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founded: 2025
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website: https://mycorealms.com
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social:
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twitter: https://x.com/mycorealms
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telegram: https://t.me/+F684wVS-F0oyNzE1
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key_metrics:
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raise_target: "$200,000"
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total_committed: "$158,067"
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raise_status: "refunding"
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token_symbol: "MYCO"
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token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta"
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total_supply: "15.9M"
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circulating_at_launch: "12.9M"
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ico_allocation: "10M (62.9%)"
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liquidity_provision: "2.9M (18.2%)"
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team_allocation: "3M (18.9%)"
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monthly_allowance: "$10,000"
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governance_platform: "[[metadao]]"
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tracked_by: rio
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created: 2026-03-11
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---
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# MycoRealms
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MycoRealms is a futarchy-governed mushroom farming operation raising capital through [[futardio]] to build climate-controlled production facilities. The project represents the first application of futarchy governance to physical agricultural infrastructure, with all treasury expenditures beyond a $10K monthly allowance requiring market approval through conditional token markets.
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The team includes crypticmeta (Solana/Bitcoin developer, previously built OrdinalNovus exchange reaching $30M volume) and Ram (5+ years commercial mushroom production experience across multiple facilities). The project spent 2025 preparing through internships at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, and market research.
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## Timeline
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- **2025** — Team preparation: internships at ICAR-DMR Solan, commercial farm experience, market research, vendor quotations, secured preliminary farm location
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- **2026-03-03** — Futardio fundraise launched: $200K target, 24-hour window, raised $158,067 before refunding
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- **2026-03-04** — Fundraise closed in refunding status (did not reach $200K minimum)
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- **2026-01-01** — Launched $125,000 USDC raise on Futardio with 72-hour window. Token supply: 15.9M max (10M ICO, 2.9M liquidity, 3M team). Monthly allowance: $10,000. First CAPEX proposal: $50K for 3 growing rooms, accommodation, DG set. Team: crypticmeta (Solana/Bitcoin dev, OrdinalNovus $30M volume) + Ram (5+ years mushroom production). Performance-based team vesting: 5 tranches at 2x/4x/8x/16x/32x ICO price via 3-month TWAP, 18-month minimum cliff. All operations published to Arweave for transparency.
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- **2026-03-11** — Launched $125K futarchy-governed fundraise on Futardio for mushroom farm infrastructure. Token supply: 15.9M max (12.9M circulating), with 10M ICO tokens (62.9%), 2.9M liquidity (18.2%), 3M team performance package (18.9%). Team tokens locked with 2x/4x/8x/16x/32x price triggers, 18-month cliff, 3-month TWAP evaluation. Monthly treasury allowance: $10K. First proposal post-raise: $50K CAPEX for 3 growing rooms, accommodation, DG set. 72-hour raise window with full refunds if target not met.
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- **2026-03-11** — Live fundraise on Futardio targeting $125K for climate-controlled mushroom production facility. Raised $8,413 as of launch date. Team includes crypticmeta (blockchain developer, previously built OrdinalNovus to $30M volume) and Ram (5+ years commercial mushroom production). Token allocation: 10M ICO (62.9%), 2.9M liquidity (18.2%), 3M team performance vesting (18.9%). Team tokens locked with tranches at 2x/4x/8x/16x/32x ICO price, 18-month cliff, 3-month TWAP evaluation. Monthly treasury allowance $10K, all excess spending requires futarchy approval. Plans 3 growing rooms initially, scaling to 12 rooms with in-house composting.
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## Governance Structure
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Treasury control enforced through:
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- $10,000 monthly allowance for operations
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- All CAPEX beyond allowance requires futarchy proposal approval
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- First planned proposal: $50K CAPEX for infrastructure (3 growing rooms, accommodation, DG set)
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- Team tokens: 3M locked with performance unlocks at 2x/4x/8x/16x/32x ICO price, 18-month minimum cliff, 3-month TWAP settlement
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- Operational transparency: all invoices, expenses, harvest records published on Arweave
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## Relationship to KB
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — extends futarchy governance from meme coins to physical infrastructure
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- [[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 application to real-world production
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — implements aggressive performance-unlock structure
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- [[metadao]] — governance platform
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- [[futardio]] — fundraising platform |