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

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

MycoRealms

MycoRealms attempted to build the first futarchy-governed physical infrastructure project—a climate-controlled mushroom farming operation on Solana. The project raised $158,067 toward a $200,000 target through Futardio before entering refunding status when the 24-hour raise window closed without meeting the threshold. The team included crypticmeta (blockchain developer, previously built OrdinalNovus exchange reaching $30M volume) and Ram (5+ years commercial mushroom production experience). The governance model required futarchy approval for all CAPEX beyond a $10,000 monthly allowance, with the first proposal planned as $50,000 for infrastructure construction.

Timeline

• 2025 — Team preparation: internship at ICAR-DMR Solan (India's national mushroom research institute), commercial farm work, market research, vendor quotations, secured 15+ wholesaler commitments
• 2026-03-03 — Futardio fundraise launched: $200,000 target, 24-hour window, 10M ICO tokens at 62.9% of total supply
• 2026-03-04 — Raise closed at $158,067 (79% of target), entered refunding status

Relationship to KB

• futardio — launch platform
• futarchy-governed-meme-coins-attract-speculative-capital-at-scale — extends futarchy governance to physical infrastructure
• 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 — demonstrates platform capability for non-crypto use cases