d6f495a7bf
- 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
2.8 KiB
Markdown
46 lines
2.8 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: refunded
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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, mushroom production)
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website: https://mycorealms.com
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social:
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twitter: https://x.com/mycorealms
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telegram: https://t.me/+F684wVS-F0oyNzE1
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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_supply: "15.9M max (12.9M circulating at launch)"
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token_allocation:
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ico: "10M (62.9%)"
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liquidity: "2.9M (18.2%)"
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team: "3M (18.9%, performance-locked)"
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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 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.
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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.
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## Timeline
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- **2025** — Team preparation: internship at ICAR-DMR Solan, commercial farm work, market research, vendor quotations, secured verbal commitments from 15+ wholesalers
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- **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
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- **2026-03-04** — Raise closed at $158,067 (79% of target), entered refunding status; full capital return to participants
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## Relationship to KB
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- [[myco-realms-demonstrates-futarchy-governed-physical-infrastructure-through-125k-mushroom-farm-raise-with-market-controlled-capex-deployment]] — first agricultural futarchy attempt
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- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — team token structure
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- [[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
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- [[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
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