- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
46 lines
2.3 KiB
Markdown
46 lines
2.3 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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website: https://mycorealms.com
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founded: 2025
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headquarters: India
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key_people:
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- crypticmeta (founder, blockchain developer)
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- Ram (operations, 5+ years mushroom production)
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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: "refunded"
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token_symbol: "MYCO"
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token_mint: "6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta"
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total_supply: "15.9M"
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circulating_at_launch: "12.9M"
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platforms:
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- Futardio
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- Solana
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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 is a futarchy-governed mushroom farming operation that attempted to raise $200,000 through Futardio for climate-controlled button mushroom production in India. The project represents the first attempt to apply MetaDAO's futarchy governance to physical agricultural infrastructure with measurable operational KPIs.
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The team spent 2025 preparing: interning at ICAR-DMR Solan (India's national mushroom research institute), working in commercial farms, conducting market research, and securing verbal commitments from 15+ wholesalers. The raise targeted Phase 1 infrastructure ($50K CAPEX): accommodation, 3 growing rooms with automated climate control, DG set, and working capital.
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Governance structure: $10,000 monthly treasury allowance for operations, all expenditures beyond allowance require futarchy approval. Team allocation: 3M tokens (18.9%) locked with performance vesting at 2x/4x/8x/16x/32x price milestones, 18-month minimum cliff, 3-month TWAP settlement. Zero team tokens circulating at launch.
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## Timeline
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- **2025** — Team preparation: ICAR-DMR internship, commercial farm experience, market research, vendor quotations, secured 15+ wholesaler commitments
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- **2026-03-03** — Futardio fundraise launched: $200K target, 24-hour window, raised $158,067 (79% of target)
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- **2026-03-04** — Fundraise closed with refunds (failed to reach target)
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## Relationship to KB
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- [[futardio]] — launch platform
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- [[MetaDAO]] — governance infrastructure provider
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- Demonstrates futarchy governance extending to physical infrastructure with measurable KPIs (temperature, humidity, CO2, yield)
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- First agricultural project attempting futarchy-governed capital deployment
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- Tests whether prediction markets can price physical infrastructure CAPEX decisions
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