988046aa7f
- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
45 lines
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2.9 KiB
Markdown
45 lines
No EOL
2.9 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%) with performance-only vesting"
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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 the first futarchy-governed agricultural operation — a climate-controlled button mushroom production facility with all major capital expenditures governed through MetaDAO's futarchy system. The project raised $158,067 toward a $200,000 target before entering REFUNDING status after failing to reach the target in the 24-hour raise window.
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The governance structure separated operational control from capital deployment: the team operated on a fixed $10,000 monthly allowance while any expenditure beyond that threshold required futarchy proposal approval. The first post-raise proposal would have been a $50,000 CAPEX withdrawal for infrastructure construction (accommodation, 3 growing rooms with automated climate control, DG set).
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Team allocation used performance-only vesting: 3M tokens (18.9% of supply) locked at launch with five tranches unlocking at 2x, 4x, 8x, 16x, and 32x the ICO price, evaluated via 3-month TWAP with an 18-month minimum cliff.
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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 launch: $200K raise target, 24-hour window
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- **2026-03-04** — Raise closed in REFUNDING status after reaching $158,067 (79% of target)
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## Team
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- **crypticmeta** — Freelance blockchain developer on Solana and Bitcoin since 2018. Previously built and scaled OrdinalNovus (CBRC token exchange on Bitcoin Ordinals, $30M trading volume)
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- **Ram** — 5+ years in commercial mushroom production, managed operations across 5-6 growing units, handled end-to-end production and wholesale distribution across 5 states
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## Relationship to KB
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First documented attempt to apply futarchy governance to physical infrastructure with measurable operational variables (temperature, humidity, CO2, yield). Demonstrates both the potential and challenges of extending [[MetaDAO]] governance mechanisms beyond purely digital protocols to agricultural operations requiring transparent operational reporting and capital deployment oversight.
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- [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]]
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]]
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- [[futardio]] |