67b74316c7
- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
36 lines
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2.4 KiB
Markdown
36 lines
No EOL
2.4 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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team_allocation: "3M tokens (18.9%), performance-locked"
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monthly_allowance: "$10,000"
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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 attempted to build a futarchy-governed climate-controlled mushroom production facility, representing the first application of MetaDAO's prediction market governance to physical agricultural infrastructure. The project raised $158,067 toward a $200,000 target on Futardio but entered refunding status when the all-or-nothing threshold was not met within the 24-hour raise window.
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The governance structure separated team operational control from treasury access: the team would receive a fixed $10,000 monthly allowance, while any expenditure beyond that (including the first $50,000 CAPEX proposal for infrastructure) would require futarchy approval through decision markets. All operational data (invoices, expenses, harvest records, photos) was planned to be published to Arweave for full transparency.
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Team tokens (3M, 18.9% of supply) were structured with performance-based unlocking at 2x/4x/8x/16x/32x ICO price multiples, evaluated via 3-month TWAP with an 18-month minimum cliff. The team was led by crypticmeta (blockchain developer, previously built OrdinalNovus Bitcoin exchange to $30M volume) and Ram (5+ years commercial mushroom production experience).
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## Timeline
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- **2025** — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), hands-on work in commercial farms, market research, vendor quotations, verbal commitments from 15+ wholesalers
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- **2026-03-03** — Futardio raise launched: $200,000 target, 24-hour window
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- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status
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## Relationship to KB
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MycoRealms represents a test case for [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]] and raises questions about [[futarchy-governance-of-physical-operations-faces-feedback-loop-mismatch-because-agricultural-production-cycles-span-months-while-prediction-markets-optimize-for-days-to-weeks]]. The project launched on [[futardio]] using [[metadao]]'s futarchy infrastructure. |