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

type	entity_type	name	domain	status	website	twitter	telegram	founded	key_metrics	tracked_by	created
entity	company	MycoRealms	internet-finance	failed	https://mycorealms.com	https://x.com/mycorealms	https://t.me/+F684wVS-F0oyNzE1	2025	raise_target total_committed raise_outcome token_supply ico_allocation liquidity_allocation team_allocation monthly_allowance $200,000 $158,067 refunded 15.9M max (12.9M circulating at launch) 10M tokens (62.9%) 2.9M tokens (18.2%) 3M tokens (18.9%) $10,000	rio	2026-03-11

MycoRealms

MycoRealms attempted to build the first futarchy-governed agricultural operation — a climate-controlled mushroom production facility where all major capital expenditures would require approval through MetaDAO's conditional token markets. The project raised $158,067 toward a $200,000 target on Futardio but failed to meet the threshold within the 24-hour window, triggering full refunds.

The governance structure separated operational allowance ($10K/month) from capital deployment, requiring any CAPEX beyond the allowance to pass through decision markets. Team tokens (3M) were locked with performance-based unlocks at 2x/4x/8x/16x/32x price multiples evaluated via 3-month TWAP with 18-month minimum cliff. All operational data would have been published via Arweave for transparent market evaluation.

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, verbal commitments from 15+ wholesalers
• 2026-03-03 — Futardio launch: raised $158,067 of $200,000 target in 24-hour window
• 2026-03-04 — Raise closed with REFUNDING status; failed to meet target, full refunds issued

Relationship to KB

MycoRealms represents the first attempt to apply futarchy governance to physical infrastructure with measurable operational variables (temperature, humidity, CO2, yield). The project's failure to reach its funding target may indicate market skepticism about futarchy's applicability to real-world operations, but the structural design provides a template for future attempts at market-governed physical infrastructure.

• myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment — analysis of governance structure and significance
• futardio — launch platform
• MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window — governance mechanism