Conor McGregor’s token creators to refund bidders after failed launch
Investors who bid on the REAL (REAL) token, backed by former UFC champion Conor McGregor, will receive a full refund after the project failed to raise its minimum required amount of $1 million. Developers Real World Gaming admitted that they only managed to gather $392,315 during a 28-hour presale held on April 5 and 6. This amount was less than half of the minimum goal and only about 11% of their overall target of $3.6 million. McGregor had touted the REAL token as a significant advancement in the crypto ecosystem, distancing it from other celebrity-endorsed tokens. Unfortunately, the launch coincided with a sharp downturn in the cryptocurrency market, further affecting investor confidence. The sale aimed to distribute 60 million tokens at a starting bid of $0.06 each, with a projected value of $120 million.
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