Community Call May 13 2026 - Project Mycelium, Hero and Geomind

[Mik]

Community Call Follow-up — Project Mycelium Q&A

Hi everyone,

Thanks to all of you who joined the community call today. It was great to see so many familiar names show up.

The slides we walked through are available via the Telegram post here: https://t.me/threefoldfarmers/87046

A small note about the slides themselves: we did not hand-write them. We collected the questions the community has been asking in the farmers chat since the beginning of 2026, dropped them into Hero Slides, and let it generate the deck for us. It is a small but concrete example of what the Hero tooling can do: using AI to turn raw community input into documentation and shareable material, with very little manual effort. What you see in those slides is honestly just a fraction of what the stack is capable of, and we will keep showing more of it over the coming weeks.

Below are the questions we gathered from the community over the last months, with the answers we gave during the call. We are publishing them here as-is so that everyone, including those who could not join live, has the same information in writing and searchable on the forum.

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1. TFT → SPORE conversion

• Where do I convert TFT to SPORE if my TFT is on Stellar, BSC, Solana, TFChain, ThreeFold Connect, MetaMask, Ledger, or still vested?
  You need to bring your TFT onto TFChain in all cases.
• What is the rate today, and what changes after July 1, 2026?
  Until July 1st, you can buy 10 SPORE with 1 TFT. After that date, the rate is set by market prices.
• Can SPORE be sold on an exchange or converted back to FIAT?
  SPORE can be sold via the Dutch auction mechanism that will be in place on Project Mycelium.
• How long will TFT remain supported? Will the TFT bridges be shut down?
  The TFT to SPORE deal will be closed after July 1st.

2. Migrating v3 nodes to Project Mycelium — end-to-end walkthrough

• Which URL do I log in to?
  https://migrate.projectmycelium.com/
• Which key/seed — 24-word from TF Connect, or hex TFChain key?
  If you made your farm in the TF Connect app, you need to use your hex key. If you used the Dashboard, you can use the 24-word.
• How do I mark each node for Project Mycelium?
  Go to https://migrate.projectmycelium.com/prepare/pre-register and run the migration.
• Do my v3 nodes stay running during this? Can farmerbot stay on?
  Yes, v3 nodes stay running and farmerbot can still be used.
• Will my running v3 workloads be affected?
  No, they are not affected as of now. But users of v3 should be prepared to take actions in the future. We will communicate more on this in time.
• How do I confirm a node is successfully registered?
  You will see a confirmation message after the migration is complete.
• By when does this need to be done to qualify for retroactive SPORE?
  Farmers had to migrate their v3 nodes to Project Mycelium before April 15th, 2026.

3. SPORE price, supply, and floor

• Is 0.01 USD the floor, or can it go lower after July 1?
  It cannot go lower, via the Dutch auction mechanism.
• 1 TFT = 10 SPORE today — what mechanism changes the rate after July 1?
  After that date, you can buy SPORE with TFT based on the open market price of TFT and SPORE. The 1-for-10 deal runs until July 1.
• For how long is this conversion ratio guaranteed?
  Until July 1st, 2026.
• Where can we see total SPORE supply, AUR supply, and TFT converted/remaining?
  All info regarding your SPORE, AUR and TFT is on https://migrate.projectmycelium.com/

4. V3 rewards status

• Are V3 PoC / capacity rewards still being paid?
  No, this phase is over.
• Status of Nov 2025, Jan, Feb, March 2026 mintings?
  The last minting period was in February. Minting is now over. Nodes that migrated before the end date will receive SPORE bonuses starting from the month of January. Bonuses are not yet distributed. The migration site currently shows expected amounts of SPORE, but distribution has not happened yet.
• When will they be paid, and in TFT or SPORE?
  In SPORE. The distribution date has not been announced yet.
• Have all capacity rewards stopped?
  Since end of February, yes — for the v3 grid. Note that nodes still earn baseline rewards in Project Mycelium.

5. Project Mycelium rewards

• Do SPORE rewards start immediately on registration, or only at marketplace launch (July 1)?
  Nodes that migrated from v3 before the end of the migration phase will get rewards starting from January 2026. There is a baseline reward for nodes on Project Mycelium, as well as utilization rewards when deployments are active on the nodes.
• What are the exact requirements for the baseline reward?
  The minimum hardware requirements are 6 vcores, 16 GB RAM, 1 TB SSD.
• Are farmerbot-managed nodes automatically eligible for retroactive rewards back to January?
  Yes, if they did the migration before the end date.
• If I create new nodes next month, do they also get retroactive SPORE from January?
  No. We are past the migration date for retroactive SPORE rewards.

6. Farmerbot under Project Mycelium

• Will farmerbot continue to work under Project Mycelium?
  It will work for now, but farmers should be prepared for nodes to wake up and stay utilized as utilization picks up.
• After Project Mycelium registration, must nodes be online 24/7, or can farmerbot keep waking them on demand?
  Farmerbot can still be used, but we expect nodes to be always on as utilization happens.
• Will the farmerbot be integrated into the Mycelium dashboard?
  Most likely not.
• Is it worth leaving nodes online or waiting until Project Mycelium is live?
  Your nodes need to be online to get the baseline rewards.

7. New Project Mycelium hardware requirements

• Where does the “16 cores, 32 GB RAM, 1 TB SSD” minimum come from? Why weren’t farmers/vendors informed earlier?
  There are no minimum requirements as such — that figure is the threshold for the guaranteed baseline rewards.
• Are high-end NUCs and mini-PCs with 12–14 vCPU now obsolete?
  No.
• Is 8 GB RAM per vCPU really the ratio?
  One slice is minimum 2 vcores, 4 GB RAM and 0.1 TB. The ratio is more dynamic, but customers will have to choose.
• What is the max CPU overprovisioning on Project Mycelium?
  Up to 4x, but never less than your slices. If all CPUs are used, you will go back to the CPU level from the slices.
• Are DDR3, HDD-only nodes, and Raspberry Pi nodes still in scope?
  Baseline rewards will not be provided to DDR3 or HDD-only nodes. Raspberry Pi is not supported for baseline rewards.
• What defines the max number of slices on a machine?
  The number of slices on a machine is determined by its RAM, divided into units of minimum 4 GB.

8. Mycelium marketplace launch

• What is the canonical entry point today — projectmycelium.com, myceliumcloud.tf, dashboard.grid.tf?
  The canonical entry point today is projectmycelium.com.
• Can new Project Mycelium-only nodes be created today, or only existing v3 nodes converted?
  Project Mycelium-only nodes are not yet possible. We will communicate when farmers can create such nodes.
• When does the marketplace actually go live?
  Most likely on July 1st, 2026.
• When will Mycelium be linked from the TF homepage / Linktree / TF Connect app?
  Yes, it will be linked. threefold.io has already been updated with a proper link to Mycelium.
• Is AUR live now or coming July 1?
  Not confirmed yet. There will be FIAT currencies supported, but the exact list is not finalized.

9. V3 future for service providers

• Is there a Project Mycelium equivalent to Terraform with the same flexibility?
  Yes, we will offer complete tooling for creating and managing deployments on Project Mycelium.
• WireGuard deployments don’t transfer cleanly — what’s the migration path?
  The network will focus on Mycelium networking going forward, but it is still possible to add other networking options to VMs manually.
• Should service providers stay on V3 or move to Project Mycelium for new deployments?
  It is not currently possible for users to create deployments on Project Mycelium. Anyone needing to create deployments should not migrate their nodes yet.
• Is anyone on the team still maintaining V3?
  Yes, there is active maintenance on the v3 grid.
• Will there be a workload migration tool from V3 → Project Mycelium?
  The team is working on a migration tool.

10. Tokenomics, early adopters, trust

• Are there long-term plans to create external demand for SPORE beyond farmer incentives?
  Yes — many partnerships are ongoing and will be communicated in the future.
• What % of grid capacity is expected to be utilized in year 1 of Mycelium?
  We expect 100% and more, meaning the current size of the grid would not be enough to satisfy demand.
• How are original contributors / early adopters being protected — concretely?
  Current TFT holders can buy 10 SPORE per 1 TFT, and the Dutch auction mechanism should ensure proper pricing.
• Will the team publish a public roadmap with dates?
  We are waiting for the cooperative to be formed before publishing a complete roadmap.
• Will TFT be kept supported until SPORE has actual liquidity?
  The marketplace will use SPORE, not TFT.

11. HERO / HERO OS

• What hardware does Mycelium OS need?
  Minimum: 6 vcores, 16 GB RAM, 1 TB SSD. Hero OS runs on top of Mycelium OS.
• Can HERO run on a Mycelium slice with 4 GB RAM?
  Yes.
• Does HERO include its own AI model or call out to ChatGPT / Gemini?
  Yes, it does.
• Is HERO scoped for individuals or also for large organizations?
  Both — Hero is intended for personal use as well as collaboration inside organizations.

12. Project identity

• Is a rebranding of the entire project being considered, including renaming ThreeFold?
  Project Mycelium is not a rebranding of ThreeFold. It is a new project by the same team.
• Is INCA still alive?
  What we called INCA is now SPORE.
• What happened to the ThreeFold phone — some farmers pre-paid 50 USDT?
  We stepped back from building our own phone once our partner YourData.Network launched the OwnPhone, which reflects the vision we had for the project. Farmers who pre-paid received either a refund or a discount toward the OwnPhone.
• Why does the documentation now require an email to read?
  That was the documentation for V3. The new documentation for Project Mycelium can be found here.

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Thanks again to everyone who showed up and asked questions over the last months. We hope this Q&A finds itself useful. The recording will land in this thread shortly, and we will keep posting updates.

See you in the next call.

[RobertL]

Thank you for this comprehensive overview Mik. Some questions:

Will my running v3 workloads be affected?
No, they are not affected as of now. But users of v3 should be prepared to take actions in the future. We will communicate more on this in time. - This is incorrect. Current workloads are affected in such way that you cannot remove (part) of your contracts and redeploy, since you can’t deploy after your node has been moved to MOS. If we move our 80+ deployments of paying SLA customer to MOS we cannot service them and fulfill our obligations.

Is 0.01 USD the floor, or can it go lower after July 1?
It cannot go lower, via the Dutch auction mechanism. - Is that true? I though it meant it could drop below 0.01 USB but not traded below 0.01 USD. Is my assumption incorrect? If 0.01 is guaranteed, then switching TFT to SPORE now should be a no brainer?

What are the exact requirements for the baseline reward?
The minimum hardware requirements are 6 vcores, 16 GB RAM, 1 TB SSD.

And

Where does the “16 cores, 32 GB RAM, 1 TB SSD” minimum come from? Why weren’t farmers/vendors informed earlier?
There are no minimum requirements as such — that figure is the threshold for the guaranteed baseline rewards.
…don’ t seem to add up…

Can new Project Mycelium-only nodes be created today, or only existing v3 nodes converted?
Project Mycelium-only nodes are not yet possible. We will communicate when farmers can create such nodes. - your vendors/partners depend on this, this uncertainty affects business drastically, we need an ETA as soon as possible

WireGuard deployments don’t transfer cleanly — what’s the migration path?
The network will focus on Mycelium networking going forward, but it is still possible to add other networking options to VMs manually. - Many applications like Nextcloud do not accept mycelium/ipv6 addresses, for instance using the built in backup feature Borg Backup completely relies on wireguard since it refuses mycelium addresses. So, building them in manually is not an option, it (or equal) should remain possible for future deployments, plus, migrating current 4-node terraform deployments should not break while migrating.
BTW; Wireguard seems highly unstable and frequently ‘lose’ it’s addresses (despite TF not believing it), so we’re welcoming an stable alternative.

Should service providers stay on V3 or move to Project Mycelium for new deployments?
It is not currently possible for users to create deployments on Project Mycelium. Anyone needing to create deployments should not migrate their nodes yet. - so does TF believe it’s fair that those who worked hard to beef up utilization are now the ones that cannot make use of the offer to migrate their nodes and be rewarded the bonuses from January 2026? Only the inactive farmers get this?

Is there a Project Mycelium equivalent to Terraform with the same flexibility?
Yes, we will offer complete tooling for creating and managing deployments on Project Mycelium. - Awesome! When ready?

What % of grid capacity is expected to be utilized in year 1 of Mycelium?
We expect 100% and more, meaning the current size of the grid would not be enough to satisfy demand. - Happy to invest in more capacity. Something with ‘funding agreements’ not coming through

What happened to the ThreeFold phone — some farmers pre-paid 50 USDT?
We stepped back from building our own phone once our partner YourData.Network launched the OwnPhone , which reflects the vision we had for the project. Farmers who pre-paid received either a refund or a discount toward the OwnPhone.

[cameron]

Marsh’s Inquiry:

1. It seems there will be many people that want to sell their spore as soon as the auctions go live. How will be decided exactly who can sell , which amounts of SPORE ? If the price will be semi-fixed/protected and there is more sellers of SPORE than buyers, who gets preference and how does this work exactly ? Will this be relative to farm size for example? Do farmers have preference over investors? Which portion will be bought from famers and how will this work?

Harmen’s Inquiry:

1. Do you have a repo about email (and contacts, calendar, files, …) with opensource Stalwart. What are the current ideas for a email/account solution ?

2. Is this repo still under active development? Is a public and compliant mailadress possible, with custom (sub)domain under Mycelium network? Ideas about architecture?

Арсений’ Inquiry:

1. Is 0.01 USD the floor, or can it go lower after July 1? It cannot go lower, via the Dutch auction mechanism." Are you sure this isn’t a mistake? What if there are no buyers at $0.01?
2. where I can find the monthly power rental cost?

@Mik Could you please share your insights here? Thank you in advance.

[Mik]

Update - Video Link

The main post has been updated with the video recording.

TL;DR: https://youtu.be/ip1TwPueEUk

[Mik]

Keep on asking questions if things were not clear, and we can have another call sooner than later and make a new round of answers. Thanks and know that we work A LOT to get things done, and it is happening so thanks for your time and presence.

[Harmen]

Hello all,

Thanks for the update. Nice to see that the project team shows again it has strong principals and keeps building! My main question is: how can this project attract a large amount of contributors both AI engineers/developers as end-users. As an example, I like to mention the work of Python developer Sebastian Ramirez. He is the founder of very popular Python micro frameworks: FastAPI, SQLModel and Typer. FastApi grows from nothing to one of the most popular Python web frameworks in the Python ecosystem. This is very fast. And now it has a very large community of contributors. What can we learn from it?

1. quick and nice getting started experience, with one command install and examples
2. comprehensive documentation instead of the minimal
3. a nice “fresh” presentation and styling

Because software engineering is moving towards agent development, the project could also embrace a customized agentic workflow with Python (beside Rhai script). Python has excellent binding options with Rust (PyO3). In an agentic cooperative based AI system, the voice of end-users is embedded in a reliable and automated way.

I like to start myself with a protype app for family trees (pedigree), making beautiful portraits of people, sharing stories and photo’s, music in meaningful way for next generations (for me this is kind of the opposite of social media and lock in platforms). Validating the origin of the data is becoming crucial. A cooperative and decentralized alternative for a digital ID is needed (DID), even for people from the past (and even for future, fictional and archetypal humans).

Furthermore, I think all the editing work on the internet should be done via the secure Mycelium network, and the public internet goes back to what the physical build environment is: read-only (even static) sites (adaptation via democratic processes within Myceliuim). Mycelium networks could be based on physical places, but sharding is sometimes needed (Jakarta has 42 million inhabitants).

Mycelium Project has all in it, to make the difference!

[RobertL]

A few more questions:

1. Currently we still have a bunch of TFT because we are running 80+ deployments. I assume we need to hold on to them until we moved over to MOS/SPORE, since workloads still cost TFT and we’re still receiving TFT based on usage on our nodes, right? If so, then if plans are to release a working MOS after july 1st, AGAIN current V3 users can not benefit from converting TFT to Spore against the fixed rate, just as they could not benefit from the bonus?

2. Who is going to perform all these dozens of migrations for us, making sure there’s absolutely no risk and no interference for our customers to make sure we do not lose any of them due to instability concerns? Who is going to be given hands on to all our vm’s to guarantee seamless transition?

3. Looking at the new slices and requirements; what are the ideal specs/ratio for large rackserver nodes according to TF?

4. Do I understand this correctly; with default slices of 2 vcpu, 4GB and 100 GB, if one needs a 500 GB simple cloud environment, they are forced to get 5 slices, 10 cores and 20 GB RAM? Really? Even if you deploy this on your own node ‘for free’ isn’t that a huge waste of resources, which goes against everything Planet First stands for? Maybe I misunderstand.

5. For years TF has focussed on the community to get utilizations on the nodes. Now that we did and have dozens of deployments; prioritizing other plans over the initial plan to release V4 in January now makes those ‘partners’ grind to a halt on their business. Again, this shows both partners as well as farmers that TF is still very unreliable in planning, no one seem to be able to make plans and investments based on plans, since they continue to change, and just not to be taken for granted. I couldn’t help watching this presentation and realise over the years we’ve seen many presentations using the same language, with the same enthusiasm, but never actually getting there. (I will name INCA/V4 as an example) Even when invested heavily in HERO, chances are with the enormous growth and speed in new technology, development may shift again leaving those investors behind, again. How is TF going to regain trust and stability?

6. Where does the idea come from that 16 vcpu nodes are better (and legible for baseline rewards) than node swith lesser cores? Currently technology shows the amount of vcpu’s don’t matter rather than their speed and optimization for certain tasks. A 12gen 12 core would be incredibly more powerful than a 20 core 9th gen. But the last one gets baseline rewards?

7. Speaking of which; what are the baseline rewards? Based on what and how much?

8. Dozens of farmers have purchased V4 (INCA) nodes for the last 1,5 years based on good faith they will be rewarded. Up till today, despite several reminders, there is still no way for these farmers to convert their nodes to MOS and have insight on have many SPORE they gathered over these 1,5 years. We NEED to let them know what to expect and when.

[gazgits]

So from what i have just read i will be able to convert every TFT for 10 Spore, I currently have 118000 TFT. So that will become 1,180,000 Spore.
Each spore is going to be worth a minimum of 0.01USD,
Am i missing something hear as that will be 11,800USD.
Is this correct or am i being stupid?
Thank you

[yadalamahendra]

Hi @Mik! Your thoughts on this? Thank you.

[gazgits]

Next question and this one is worrying. As both my servers are fitted with DDR3 ram does this mean I will not be earning any rewards in the future. Thank you.

[yadalamahendra]

Hey @gazgits! As mentioned above, DDR3, HDD-only, and Raspberry Pi nodes are no longer eligible for baseline rewards. Thank you.

[gazgits]

Ok thanks. Not great news. Looks like I will have to invest in ddr4. But it’s so expensive.

[yadalamahendra]

Hey @gazgits! Totally understandable, and we truly appreciate your continued support and contribution.

[Mik]

@gazgits

To be clear, it means you will not gain baseline rewards, but you can get utilization rewards as people use your nodes. E.g. you could set it a competitive price compared to DDR4.

[gazgits]

So I can still use my servers and get rewards. Just not the baseline ones ?

[yadalamahendra]

@gazgits, yes, you’ll earn utilization rewards when your Nodes are used on Project Mycelium.

[epyc]

Thanks for the update.
" * When does the marketplace actually go live?
Most likely on July 1st, 2026."

at what hour it starts and what time zone?

Thanks

[yadalamahendra]

Hey @epyc! We’re currently aiming for a tentative release window of July 1st at 12:01 AM UTC, and we’ll keep the community updated as we move closer. Thank you.