Mixed-martial arts champion Conor McGregor launches memecoin

McGregor and the project's team highlighted the fairness of the sealed-bid auction approach compared to conventional memecoin launches.

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.

The token was launched through a sealed-bid auction to eliminate snipers and bots hijacking the token launch and occurred in collaboration with the Real World Gaming decentralized autonomous organization (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 about transparency — we are showing the world how it is done with integrity,” McGregor continued.

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