UFC Legend Conor McGregor Launches New Memecoin
Conor McGregor, the well-known MMA champion, has ventured into the crypto world by launching a new memecoin called "REAL" on April 5.
The project promises staking rewards and voting rights for those who hold the token, aiming to offer more than just a typical celebrity-backed crypto initiative.
The launch of REAL took place through a sealed-bid auction, a method chosen to prevent bots and snipers from disrupting the process.
This approach, according to project representatives, ensures a fair distribution, allowing genuine investors to participate without interference from automated trading systems. The project is a collaboration with the Real World Gaming decentralized autonomous organization (DAO), marking McGregor’s foray into blockchain technology.
The auction is scheduled to run from April 5 to 6, giving participants a limited window to acquire the new token. In a statement, McGregor emphasized that this launch is not merely a typical celebrity-endorsed coin but a groundbreaking initiative designed to bring real change to both the crypto world and beyond.
He stressed that the sealed-bid auction model reflects a commitment to transparency and integrity, setting a new standard for how tokens should be introduced to the market.
By leveraging the DAO model, the project aims to empower token holders through governance and staking opportunities, promoting a more community-driven approach to cryptocurrency development. McGregor’s bold move into the crypto space signals his desire to innovate rather than just capitalize on the memecoin trend.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
