Mixed-martial arts (MMA) champion Conor McGregor launched a memecoin called “REAL” on April 5, which will reportedly feature staking rewards and voting rights for token holders.
Spokespeople for the project told Cointelegraph that the token was launched through a sealed-bid auction to eliminate snipers and bots hijacking the token launch and in collaboration with the Real World Gaming decentralized autonomous organization (DAO).
REAL token initial allocation breakdown. Source: Real World Gaming DAO
The auction will take place from April 5-6. In a statement shared with Cointelegraph, McGregor touted the launch as a fair memecoin offering:
“This is not some celebrity-endorsed bullshit token, it is a REAL game changer that will change the crypto ecosystem as well as make REAL change in the world. The sealed-bid auction is the new way of launching a token to prevent rug pulls and snipers.
“This is about transparency — we are showing the world how it is done with integrity,” McGregor continued.
Source: Conor McGregor
The memecoin narrative peaked following the launch of the TRUMP memecoin by US President Donald Trump. However, savvy traders continue hunting memecoins, keeping the market alive.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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