f2ff5fe547
- Source: inbox/archive/2026-03-03-futardio-launch-mycorealms.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
2.3 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | raise_target | total_committed | token_mint | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MycoRealms: Futardio Fundraise | internet-finance | failed | mycorealms | futardio | crypticmeta | https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf | 2026-03-03 | 2026-03-04 | fundraise | $200K raise for futarchy-governed mushroom farm infrastructure with market-controlled CAPEX deployment | $200,000 | $158,067 | 6A5hGMwsg7ACDGRa1hWVGtEMnxdT1oAGHB8hb3jCmeta | rio | 2026-03-11 |
MycoRealms: Futardio Fundraise
Summary
MycoRealms attempted to raise $200,000 through Futardio's unruggable ICO mechanism to build a futarchy-governed mushroom farming operation in India. The raise featured a 24-hour all-or-nothing window, $10K monthly treasury allowance, and futarchy-governed approval for all CAPEX beyond the allowance. The first post-raise proposal would have been a $50K infrastructure deployment decision. The raise failed to meet its target, closing at $158,067 (79%) and triggering full refunds.
Market Data
- Outcome: Failed (refunded)
- Raise Target: $200,000
- Total Committed: $158,067 (79% of target)
- Duration: 24 hours (2026-03-03 to 2026-03-04)
- Token: 6A5 (15.9M max supply, 12.9M circulating at launch)
- Proposer: crypticmeta
Significance
This represents one of the first attempts to apply futarchy governance to physical infrastructure and agricultural operations. The failure reveals market skepticism toward early-stage agricultural RWA tokenization, particularly for projects requiring patient capital and multi-year buildout timelines. The 79% funding level suggests interest but insufficient conviction, possibly due to execution risk, team anonymity, or the novelty of applying prediction markets to farming operations.
The proposal's structure—monthly allowance plus futarchy-gated CAPEX—demonstrated a governance architecture for capital-intensive physical projects, though the market ultimately rejected the specific implementation.