teleo-codex/entities/internet-finance/mycorealms.md

type	entity_type	name	domain	status	founded	platform	key_metrics	website	social	tracked_by	created
entity	company	MycoRealms	internet-finance	failed	2025	futardio	raise_target total_committed raise_outcome token_supply ico_allocation liquidity_provision team_allocation monthly_allowance $200,000 $158,067 refunding 15.9M max (12.9M circulating at launch) 10M tokens (62.9%) 2.9M tokens (18.2%) 3M tokens (18.9%) $10,000	https://mycorealms.com	twitter telegram https://x.com/mycorealms https://t.me/+F684wVS-F0oyNzE1	rio	2026-03-11

MycoRealms

MycoRealms was the first futarchy-governed physical infrastructure project, attempting to raise $200,000 to build a climate-controlled mushroom production facility governed entirely through MetaDAO's futarchy system. The project raised $158,067 in 24 hours but failed to reach its target, entering refunding status. The governance structure eliminated direct treasury access, requiring all CAPEX expenditures beyond a $10,000 monthly allowance to pass through futarchy decision markets.

Timeline

• 2025 — Team spent year preparing: interned at ICAR-DMR Solan (India's national mushroom research institute), worked in commercial farms, conducted market research, secured vendor quotations and preliminary farm location
• 2026-03-03 — Launch on Futardio with $200,000 raise target and 24-hour window. Governance structure: $10,000 monthly allowance with futarchy-required approval for all CAPEX. First planned proposal: $50,000 CAPEX for 3 growing rooms, accommodation, and DG set. Public operations ledger via Arweave for full transparency
• 2026-03-04 — Raise closed at $158,067 (79% of target), entered refunding status. Full refunds issued per unruggable ICO mechanism

Relationship to KB

• First application of 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 to physical agricultural infrastructure
• Demonstrated futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance through monthly allowance structure
• Team allocation used performance-unlocked team tokens with price-multiple triggers and TWAP settlement create long-term alignment without initial dilution with 2x-32x price triggers and 18-month cliff