There was plenty of organic matter then, as that was around the time of the Great Oxygenation Event, when cyanobacteria were turning the Earth's atmosphere from reducing to oxidizing.
I wonder if this fungus-like discovery changes any of that story.
[0] https://www.patheos.com/blogs/daylightatheism/2009/02/bands-...
That's a good question, I would say if anyone found fungi before the GOE that would be a big surprise. Finding them after the GOE makes sense, so doesn't necessarily change our understanding of the GOE -- but if they really were around this soon after (if this article is correct) that would definitely seem to have interesting implications for the evolutionary origin of fungi.
https://www.quantamagazine.org/dnas-histone-spools-hint-at-h...