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