28e3549764
- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
2.4 KiB
2.4 KiB
| type | entity_type | name | domain | status | founded | platform | key_metrics | tracked_by | created | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | MycoRealms | internet-finance | failed | 2025 | futardio |
|
rio | 2026-03-11 |
MycoRealms
Overview
MycoRealms was a futarchy-governed mushroom farming project that attempted to raise $200,000 on Futardio to build climate-controlled agricultural infrastructure in India. The project reached $158,067 (79% of target) before the 24-hour raise window closed, triggering full refunds. It represented the first documented attempt to apply MetaDAO's futarchy governance to physical agricultural infrastructure rather than digital assets.
Timeline
- 2025 — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), hands-on commercial farm work, market research across multiple states, vendor quotations, verbal commitments from 15+ wholesalers
- 2026-03-03 — Launch on Futardio with $200K target, 24-hour raise window
- 2026-03-04 — Raise closed at $158,067 (79% of target), status: refunding, full refunds issued
Governance Structure
MycoRealms designed a hybrid governance model:
- Monthly operational allowance: $10,000 (no market approval required)
- Strategic CAPEX: Market-governed through conditional tokens
- First planned proposal: $50,000 infrastructure deployment
- Treasury access: Team had zero direct access
- Transparency: All operations to be published to Arweave
Team
- crypticmeta — Solana/Bitcoin developer since 2018, previously built OrdinalNovus ($30M trading volume)
- Ram — 5+ years commercial mushroom production, managed 5-6 growing units across 5 states
Token Economics
Total supply: 15.9M (12.9M circulating at launch)
- ICO tokens: 10M (62.9%)
- Liquidity provision: 2.9M (18.2%)
- Team performance package: 3M (18.9%, fully locked)
Team tokens unlock at 2x, 4x, 8x, 16x, 32x ICO price via 3-month TWAP with 18-month minimum cliff. Zero team tokens circulating at launch.
Relationship to KB
- myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment — primary claim
- futardio — launch platform
- metadao — governance infrastructure provider