Terms & Disclaimer

1. Nature of the Token

$MYCO is a governance token on the Solana blockchain. It represents participation in the MycoRealms DAO and enables holders to engage with futarchy-based governance via MetaDAO. $MYCO does not represent equity, debt, a share of profits, a revenue entitlement, or any form of financial product.

2. No Investment Contract

Purchasing $MYCO tokens does not constitute an investment contract. There is no promise, expectation, or guarantee of profit, yield, dividend, revenue share, or financial return of any kind. The token sale is a contribution toward a community-governed project, not a financial investment.

3. Risk Acknowledgment

By participating in the $MYCO token sale, you acknowledge and accept the following risks:

• The token may lose some or all of its value.
• Agricultural operations are subject to weather, market, regulatory, and operational risks.
• Smart contracts may contain bugs or vulnerabilities despite auditing efforts.
• Regulatory environments may change in ways that impact the project or token.
• Liquidity may be limited, and you may not be able to sell your tokens at a desired price or at all.
• The project may not achieve its stated goals or roadmap milestones.

4. Treasury and Fund Usage

Funds raised through the token sale are deposited into a market-governed DAO treasury. The operating team works within the allowance configured by the launch venue. Increases to that allowance and strategic treasury deployments require approval through futarchy governance. The team cannot unilaterally access, redirect, or withdraw treasury funds outside the powers granted by the launch configuration or passed proposals.

5. Team Token Allocation

12,900,000 $MYCO tokens form the team performance package, with zero team tokens circulating at launch. The package unlocks across five equal tranches of 2,580,000 each at 2x, 4x, 8x, 16x, and 32x the ICO price, subject to the final launch and venue configuration.

6. Refund Policy

The token sale is conducted on Futardio, a permissionless ICO platform on Solana. If the fixed raise target of $70,000 USDC is not met within the configured raise window, contributions are handled according to the launch smart contract and venue terms. No funds are held directly by the team during the raise.

7. Token Supply

Strategic changes to $MYCO supply, including minting or burning, require a passed futarchy proposal. Any proposal must disclose its purpose, terms, and potential dilution before the decision markets resolve it.

8. No Fiduciary Duty

The MycoRealms team, contributors, and DAO participants owe no fiduciary duty to token holders. Governance outcomes are determined by market mechanisms, not by the team. Participation is entirely voluntary and at your own risk.

9. Jurisdiction

MycoRealms operates as a decentralized autonomous organization. It is your responsibility to determine whether participation in the token sale and DAO governance is lawful in your jurisdiction. The project does not target or solicit participation from residents of jurisdictions where such activity is prohibited.

10. No Warranty

All information, software, smart contracts, and materials related to MycoRealms are provided “as is” without warranty of any kind, express or implied. The team makes no representations regarding the accuracy, completeness, or reliability of any information provided.