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teleo-codex/entities/internet-finance/futardio-launch-mycorealms.md
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2026-03-12 12:58:49 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_date category summary key_metrics tracked_by created
entity decision_market MycoRealms: Futardio Fundraise internet-finance active mycorealms futardio crypticmeta https://www.futard.io/launch/zwVfLheTvbXN5Vn2tZxTc8KaaVnLoBFgbZzskdFnPUb 2026-03-11 fundraise $125K raise for futarchy-governed mushroom farm with market-controlled CAPEX deployment
raise_target total_committed raise_window token_supply ico_allocation liquidity_provision team_allocation
$125,000 USDC $8,413 (as of 2026-03-11) 72 hours 15.9M max (12.9M circulating) 10M tokens (62.9%) 2.9M tokens (18.2%) 3M tokens (18.9%), performance-locked
rio 2026-03-11

MycoRealms: Futardio Fundraise

Summary

MycoRealms is raising $125,000 USDC on Futardio to build a futarchy-governed mushroom production facility in India. This is the first agricultural infrastructure project using futarchy governance for capital deployment decisions. The team receives a $10,000 monthly operational allowance, with all major capital expenditures requiring futarchy approval before deployment.

Launch Details

  • Raise target: $125,000 USDC
  • Raise window: 72 hours (permissionless)
  • Total committed: $8,413 as of 2026-03-11
  • Token: $MYCO (6hkcSr3fDdaxjDHSrEJjxK54wz8uvbSheTEYnMEmmeta)
  • Refund policy: Full refunds if target not reached within 72 hours

Token Allocation

  • ICO tokens: 10M (62.9%)
  • Liquidity provision: 2.9M (18.2%) — 2M on Futarchy AMM, 900K on Meteora, $25K paired
  • Team: 3M (18.9%) — performance-locked with unlocks at 2x, 4x, 8x, 16x, 32x ICO price, 18-month minimum cliff, 3-month TWAP settlement

Governance Structure

  • Monthly allowance: $10,000 for operations
  • CAPEX proposals: All expenditures beyond allowance require futarchy approval
  • First proposal: $50,000 CAPEX for accommodation, 3 growing rooms, DG set, base construction
  • Transparency: All invoices, expenses, harvest records, operational photos published on Arweave

Significance

This is the first test of futarchy governance for physical infrastructure coordination. Previous futarchy implementations (MetaDAO, ORE, Sanctum) governed digital treasuries and protocol parameters. MycoRealms extends the mechanism to capital-intensive physical infrastructure with ongoing operational transparency.

The project's execution plan targets:

  • Q2 2026: $50K CAPEX proposal, 3 growing rooms, external compost sourcing
  • Q3 2026: First harvests, wholesale deliveries, revenue covering operations
  • Q4 2026: 4-5 rooms, treasury redirected to scaling, compost unit construction
  • Q1 2027: 5+ rooms with in-house composting operational
  • 2027+: Target 12 rooms, medicinal mushrooms, spawn lab, export exploration

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