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

type	entity_type	name	domain	status	founded	platform	key_metrics	tracked_by	created
entity	company	MycoRealms	internet-finance	failed	2025	futardio	raise_target total_committed raise_outcome token_supply team_allocation $200,000 $158,067 refunding 15.9M 3M (18.9%)	rio	2026-03-11

MycoRealms

MycoRealms attempted to raise $200,000 through Futardio to build a climate-controlled mushroom production facility governed entirely through MetaDAO's futarchy system. The project represented the first application of prediction market governance to physical agricultural infrastructure, with all CAPEX beyond a $10K monthly allowance requiring futarchy proposal approval. The raise committed $158,067 (79% of target) but entered refunding status after failing to reach the threshold within the 24-hour launch window.

Timeline

• 2025 — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), hands-on work in commercial farms, market research, vendor quotations, secured preliminary farm location
• 2026-03-03 — Futardio launch goes live with $200K target, 24-hour window
• 2026-03-04 — Raise closes at $158,067 (79% of target), enters refunding status, all committed capital returned to participants

Relationship to KB

MycoRealms is the first documented case of myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment attempting to apply futarchy governance to physical infrastructure with measurable production outputs. The project demonstrates both the technical feasibility and the capital formation challenges of extending 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 beyond digital-native projects to real-world production systems.