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	failed	2026	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_allocations $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 a futarchy-governed mushroom farming operation that attempted to raise $200,000 through Futardio to build climate-controlled production facilities in India. The project represented an early test of applying MetaDAO's futarchy governance to physical infrastructure and agricultural operations. The raise failed to meet its 24-hour target, resulting in full refunds to participants.

The project proposed a phased buildout starting with 3 growing rooms and scaling to 12+ rooms with in-house composting, medicinal mushroom production, and export capabilities. All capital expenditures beyond a $10,000 monthly allowance would have required futarchy proposal approval. Team tokens were structured with performance unlocks at 2x, 4x, 8x, 16x, and 32x ICO price with 18-month minimum cliff.

Timeline

• 2026-03-03 — mycorealms-futardio-fundraise launched: $200K target for mushroom farm infrastructure with futarchy-governed CAPEX deployment
• 2026-03-04 — Raise closed at $158,067 (79% of target), triggering full refund per all-or-nothing terms

Relationship to KB

• futardio — launch platform
• metadao — governance infrastructure provider
• Tested futarchy application to physical infrastructure and agriculture
• Demonstrated market skepticism toward early-stage agricultural RWA tokenization