0c9e25f7a8
- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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2.5 KiB
Markdown
40 lines
No EOL
2.5 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: failed
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founded: 2025
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platform: futardio
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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_outcome: "refunding"
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token_supply: "15.9M max (12.9M circulating at launch)"
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ico_allocation: "10M tokens (62.9%)"
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liquidity_provision: "2.9M tokens (18.2%)"
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team_allocation: "3M tokens (18.9%)"
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monthly_allowance: "$10,000"
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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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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 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.
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## Timeline
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- **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
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- **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
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- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status. Full refunds issued per unruggable ICO mechanism
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## Relationship to KB
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- 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
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- 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
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- 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 |