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

type	entity_type	name	domain	status	founded	headquarters	key_people	website	social	key_metrics	tracked_by	created
entity	company	MycoRealms	internet-finance	refunded	2025	India	crypticmeta (founder, blockchain developer) Ram (operations, mushroom production)	https://mycorealms.com	twitter telegram https://x.com/mycorealms https://t.me/+F684wVS-F0oyNzE1	raise_target total_committed raise_outcome token_supply token_allocation $200,000 $158,067 refunded 15.9M max (12.9M circulating at launch) ico liquidity team 10M (62.9%) 2.9M (18.2%) 3M (18.9%, performance-locked)	rio	2026-03-11

MycoRealms

MycoRealms was the first attempt to build futarchy-governed physical agricultural infrastructure, raising capital through Futardio to build a climate-controlled mushroom production facility where all capital expenditures beyond a $10,000 monthly allowance would require conditional market approval. The project failed to reach its $200,000 raise target within the 24-hour window, raising $158,067 (79%) before entering automatic refund status on 2026-03-04.

The team spent 2025 preparing through internships at ICAR-DMR Solan (India's national mushroom research institute), hands-on commercial farm work, market research, and securing verbal commitments from 15+ wholesalers. The governance model required all invoices, expenses, harvest records, and operational photos to be published on a public ledger via Arweave, with the team having zero direct treasury access.

Timeline

• 2025 — Team preparation: internship at ICAR-DMR Solan, commercial farm work, market research, vendor quotations, secured verbal commitments from 15+ wholesalers
• 2026-03-03 — Launched $200K raise on Futardio with 24-hour all-or-nothing window; structured with $10K monthly allowance and futarchy-governed CAPEX; team tokens locked until 2x/4x/8x/16x/32x price multiples with 18-month cliff
• 2026-03-04 — Raise closed at $158,067 (79% of target), entered refunding status; full capital return to participants

Relationship to KB

• myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment — first agricultural futarchy attempt
• performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution — team token structure
• 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 — launch platform
• futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent — refund mechanism in action