Mycorealms
RefundingB1Voluntary transparency disclosure following the Blockworks Token Transparency initiative.MycoRealms is raising to build, operate and scale sustainable agri ecosystem — governed entirely through MetaDAO's futarchy system
$158k79%
$200kraise goal
Raise Unsuccessful
Committed$158,067.00
Funders72
Raise Goal$200k
This raise did not reach its goal. All committed USDC is being returned to contributors. to claim your refund.
About
MycoRealms: The First Futarchy-Governed Farm on Solana
We grow mushrooms. The community funds and governs the farms. Every decision, expense, and harvest is public.
MycoRealms is raising to build, operate and scale sustainable agri ecosystem — governed entirely through MetaDAO's futarchy system
What we're building
The aim is to build a farming ecosystem with multiple sources of revenue, starting with a climate-controlled button mushroom production facility that generates revenue all year round. It's clean and sustainable. Plan to enter medicinal mushrooms and export after scaling edible mushroom farm to 12 growing rooms.
Use of Funds
Phase 1 infrastructure ($50K CAPEX):
- Accommodation and base construction
- 3 growing rooms with PUF insulation and automated climate control
- DG set and supporting infrastructure
- Working capital for initial operations (compost sourced externally for first cycles)
All major capital expenditures will be proposed and executed through futarchy governance.
The first proposal post-raise will be a $50,000 USD CAPEX withdrawal to initiate construction and infrastructure setup. This proposal must pass through decision markets before funds are deployed.
Why mushrooms
- Fast crop cycles (multiple per year)
- Fully measurable variables — temperature, humidity, CO2, yield
- Large and growing market
- Highly standardized production system suitable for transparent reporting
- Economics of scale
- High margin specially for medicinal ones
What we've done so far
We spent all of 2025 preparing.
- Interned with scientists at ICAR-DMR Solan (India's national mushroom research institute)
- Worked hands-on in commercial farms
- Conducted market research across multiple states
- Collected vendor quotations and compared suppliers
- Verbal commitments from 15+ wholesalers
- Built a Detailed Project Report aligned with ICAR economic models
- Designed an application layer for document uploads and operational logs
- Secured preliminary farm location and climate-control quotations
Team
crypticmeta — freelance blockchain developer on Solana and Bitcoin since 2018. Previously built and scaled OrdinalNovus, a CBRC token exchange on Bitcoin Ordinals that hit $30M in trading volume. Now applying that experience to real-world agriculture.
Ram — 5+ years in commercial mushroom production. Has managed operations across 5–6 growing units, handling end-to-end production, supplier sourcing, and wholesale distribution across 5 states. Leads all on-ground operations for MycoRealms.
How governance works
There is no voting in MycoRealms. There is only trading.
When a proposal is made — for example, "Release $50K USDC for CAPEX investment in infrastructure" — two conditional markets open. Traders buy into whichever outcome they believe creates more value. The market determines the result.
The team cannot access the treasury directly. We operate on a defined monthly allowance. Any expenditure beyond that allowance requires a futarchy proposal and market approval.
Every invoice, expense, harvest record, and operational photo will be published on our public ops ledger via Arweave. Transparency is the default.
Raise details
| Raise Target | $200,000 USDC |
| Monthly Allowance | $10,000 |
| Raise Window | 24 hours on Futardio (permissionless) |
Total Token Supply — 15.9M max (12.9M circulating at launch):
| Allocation | Tokens | Share |
|---|---|---|
| ICO tokens | 10M | 62.9% |
| Liquidity provision | 2.9M | 18.2% |
| Team performance package | 3.0M | 18.9% |
Liquidity provision breakdown:
- 2M tokens on Futarchy AMM
- 900K tokens on Meteora pool
- 20% of funds raised ($40K) paired with LP tokens
If the raise does not reach $200K within 24 hours — full refunds. If the target is reached — treasury, spending limits, and liquidity deploy automatically.
Team allocation — performance only
3M tokens are locked at launch.
Five tranches unlock at 2x, 4x, 8x, 16x, and 32x the ICO price, with a minimum 18-month cliff before any unlock (evaluated via 3-month TWAP, not spot price).
At launch, 0 team tokens are circulating. If the token never reaches 2x, the team receives nothing.
Execution Plan
Monthly treasury allowance: $10,000
Pre-revenue — covers infrastructure, raw materials, team, and tech. Post-revenue — farm income covers operations; treasury allowance redirects fully to scaling.
Quarterly milestones:
| Quarter | Milestones |
|---|---|
| Q2 2026 | CAPEX proposal ($50K) — accommodation, 3 growing rooms, DG set, base construction. Compost sourced externally for first cycles |
| Q3 2026 | First harvests begin, wholesale deliveries start. Products reaching 1,000+ households. Revenue covers team wages and operating costs |
| Q4 2026 | 4th–5th rooms. Treasury fully redirected to scaling (~$12K per room approx). Compost unit construction begins |
| Q1 2027 | 5+ rooms with in-house composting operational. Compost sales to local farmers begin |
| 2027+ | Target 12 rooms. Medicinal mushrooms, spawn lab, export exploration |
All figures are approximate and subject to change. Expenditures beyond the monthly allowance require futarchy approval.
Long-term vision
The goal is to prove that decentralized governance can coordinate real-world production transparently — starting with agriculture.
Worst case — a fully transparent, community-governed mushroom farm. Best case — a blueprint for futarchy-directed real-world infrastructure.
This is agriculture rebuilt for the internet.
Links
- Website: mycorealms.com
- Telegram: https://t.me/+F684wVS-F0oyNzE1
- X: @mycorealms
Note: MycoRealms is not a financial product. $MYCO tokens represent governance participation in a DAO. No revenue sharing, yields, or returns are promised or implied.
IP & Legal
GitHub: https://github.com/mycorealms — sole admin is crypticmeta, to be managed on behalf of the DAO entity.
Domain: mycorealms.com — to be managed on behalf of the DAO entity.
Brand assets: MycoRealms logo and brand materials.
Social accounts: @mycorealms on X (Twitter) and Telegram group — managed by the team on behalf of the DAO entity post-raise.
Deployed contracts: None yet. Any contracts, token mints, or program authorities created post-raise will be owned by the DAO entity, managed by the team.
Hosting & infrastructure: None yet. Any hosting, Arweave wallets, or infrastructure created post-raise will be owned by the DAO entity, managed by the team.
Licenses: Code is open source. GitHub org administered by the team on behalf of the DAO entity.
B1 Token Transparency Filing
Voluntary transparency disclosure following the Blockworks Token Transparency initiative.
MycoRealms is a DAO-governed agricultural venture that builds and operates real mushroom farms, starting with a
climate-controlled button mushroom production facility. The project is governed entirely through MetaDAO's futarchy system —
all major capital expenditures, expansion decisions, and treasury allocations are determined by conditional markets, not
voting. Every invoice, expense, and harvest record is published on a public ops ledger via Arweave. The aim is to prove that
decentralized governance can coordinate real-world agricultural production transparently.
Crypticmeta (Founder/Operator) — Freelance blockchain developer on Solana and Bitcoin since 2018. Previously built and scaled OrdinalNovus, a CBRC token exchange on Bitcoin Ordinals that reached $30M in trading volume.
Ram (Operations) — 5+ years hands-on experience on mushroom farms. Trades 500+ kg of mushrooms across 5 states. Manages on-ground operations, supplier relationships, and market distribution.
No external investors or backers. This is the project's first and only fundraise.
(a) IP ownership & control — The project's intellectual property, including codebases/repos and any associated trademarks/brands, is held by a Cayman Islands SPC (Segregated Portfolio Company) formed via MetaLeX. The SPC is governed by the DAO.
(b) Contract/admin powers — Governance is fully onchain and permissionless via the MetaDAO futarchy protocol on Solana. Token holders make decisions by trading conditional outcome tokens on proposal markets. Proposals pass or fail based on market-determined price impact on the project's token. There is no multisig, council, pause/upgrade roles, or centralized admin authority — all decisions are made through futarchy (market-based governance).
(c) Locked-token rights — The price-based performance premine tokens are locked with a minimum 18-month cliff and unlock based on sustained price performance milestones. Locked token holders do not have additional governance or decision-making rights beyond what unlocked token holders have. Locked tokens cannot vote or participate in governance until unlocked.
(d) Value accrual & holder rights — Token holders govern the DAO treasury through futarchy-governed proposals. The DAO treasury funds development directly — there is no separate development company. Revenue distribution and treasury allocation decisions are made via onchain governance proposals.
(e) Dissolution authority — Dissolution of the DAO would require an onchain futarchy governance proposal passed by the market. The Cayman SPC legal wrapper can be wound up per its constitutional documents as directed by DAO governance.
Each project launched through MetaDAO Accelerated has a Cayman Islands SPC (Segregated Portfolio Company) entity formed via MetaLeX. The entity holds the project's intellectual property and is governed by the DAO. There is no separate development company — the DAO treasury funds development directly through futarchy-governed proposals.
(a) Launch supply totals — 15,900,000 total tokens at launch. 10,000,000 tokens issued to ICO participants (unlocked). 2,900,000 tokens issued as protocol-owned liquidity (locked in pools). 3,000,000 tokens allocated as a price-based performance premine (locked with minimum 18-month cliff).
(b) Recipient categories & use of funds — • ICO Participants (10,000,000 tokens): Distributed pro-rata to all participants of the permissionless ICO based on contribution. Tokens are immediately unlocked. • Protocol-Owned Liquidity (2,900,000 tokens): 2,000,000 tokens paired with 20% of funds raised through the ICO in a liquidity pool. 900,000 tokens placed in a single-sided liquidity pool on Meteora. These tokens provide onchain trading liquidity. • Team / Performance Premine (3,000,000 tokens): Allocated to the founding team, subject to price-based vesting. Tokens unlock only if sustained price performance milestones are met.
(c) Initial price per token — Determined at ICO close based on total funds raised divided by 10,000,000 ICO tokens.
(d) Ticker / market symbol — MYCO
(e) Total supply & supply regime — 15,900,000 total supply. The supply is fixed — there is no inflation or deflation mechanism.
(f) Initial vesting / release schedules — ICO participant tokens and protocol liquidity tokens are not subject to vesting. The team performance premine has a minimum 18-month cliff. The allocation is divided into 5 tranches of 20% each, unlockable after a 3-month TWAP evaluation period at price multiples of 2×, 4×, 8×, 16×, and 32× relative to launch price. The TWAP oracle can be called at any time but triggers a 3-month evaluation window before tokens are released.
There are no airdrops as part of the MetaDAO Accelerated ICO process. All token distribution occurs through the permissionless ICO mechanism. Any future token distributions would need to be passed via DAO governance proposal following the ICO and are not part of this launch.
There are no market maker agreements. Liquidity is provided through the Accelerated launch mechanism's built-in liquidity pool, which receives 20% of funds raised. There are no token loans, OTC deals, or designated market maker arrangements.
There are no CEX listing agreements. The token trades onchain on Solana DEXs from the moment of launch. No listing fees have been paid, and no exchange has been granted tokens or preferential access.
Series Name: MetaDAO Presale Vehicle: MetaLex powered Cayman Segregated Portfolio Company / Segregated Portfolio Start Date of Sale: [To be determined at launch] Number of Tokens Sold: 10,000,000 MYCO tokens distributed to ICO participants pro-rata based on contribution. Vesting Schedules: There are no vesting schedules for ICO participant tokens. All tokens distributed through the presale are immediately unlocked and freely transferable at the conclusion of the ICO.
There are no prior SAFTs, SAFEs, convertible notes, private placements, or other fundraising rounds preceding this launch. No tokens were sold or distributed before this presale.
None. The project has no deployed smart contracts or prior on-chain history. This is a new launch.
- Agricultural operations are subject to weather, pest, market price, and regulatory risks.
- The project operates real-world infrastructure in India; cross-border legal and regulatory environments may change.
- Smart contracts used for governance and treasury management may contain undiscovered vulnerabilities.
- Token liquidity may be limited, particularly in early stages.
- The project may not achieve its stated roadmap milestones or revenue targets.
- The token supply is mintable via futarchy governance — future supply increases are possible if approved by the market.