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

type	entity_type	name	domain	status	founded	platform	website	social	key_metrics	tracked_by	created
entity	company	MycoRealms	internet-finance	failed	2025	futardio	https://mycorealms.com	twitter telegram https://x.com/mycorealms https://t.me/+F684wVS-F0oyNzE1	raise_target total_committed subscription_rate token_supply team_allocation monthly_allowance $200,000 $158,067 79% 15.9M max (12.9M circulating) 3M tokens (18.9%) with performance unlocks $10,000	rio	2026-03-11

MycoRealms

Futarchy-governed mushroom farming operation that attempted to raise $200K through Futardio to build climate-controlled production facilities with all capital deployment decisions controlled by conditional markets. The project represented the first documented attempt to apply futarchy governance to physical agricultural infrastructure, separating operational allowance ($10K/month) from CAPEX spending that required market approval. Raised $158,067 (79% of target) before entering REFUNDING status when the 24-hour raise window closed without reaching the full target.

Timeline

• 2025 — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, market research, vendor quotations, secured preliminary farm location
• 2026-03-03 — Futardio launch: 24-hour raise window opens with $200K target, $10K monthly allowance, first CAPEX proposal planned for $50K infrastructure deployment
• 2026-03-04 — Raise closes at $158,067 (79% subscription), enters REFUNDING status, full refunds to all participants

Relationship to KB

MycoRealms demonstrates futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control through its treasury structure where team cannot access capital beyond monthly allowance without market approval. The project extends 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 into physical infrastructure governance. Team allocation used performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution with 2x/4x/8x/16x/32x unlock triggers and 18-month cliff.