Conor McGregor, the Irish mixed martial arts champion, has launched a new meme coin named ‘REAL’ through a sealed-bid auction.
The project aims to prevent automated bots and snipers from dominating the release, which often disrupts fair participation during token launches.
The token was developed in collaboration with Real World Gaming, a decentralized autonomous organization. It offers staking rewards and governance capabilities to token holders. The sealed-bid format was chosen to ensure a more transparent and fair distribution process.
REAL Token brings utility and community involvement
According to the project’s structure, REAL is not just another celebrity-backed cryptocurrency. It incorporates actual utility with staking mechanisms that reward consistent participation. The token’s whitepaper outlines how users who invest significantly and engage in staking can achieve higher ranks and potentially earn more in return.
The tokenomics reveal that 31.5% of the total supply will be directed to the DAO treasury. Around 17% is allocated to the community, while 10% will go to the development team. Advisors will receive 1% of the total supply. These allocations are designed to balance project control and community empowerment.
McGregor has stated that the token is built on values of integrity and transparency. He emphasized that REAL will contribute to reshaping how crypto projects interact with mainstream users and industries. He aims to bridge the gap between digital assets and real-world applications, especially in the gaming and sports sectors.
McGregor promotes transparency and integrity in Crypto
In a recent interview, McGregor claimed that REAL stands apart from traditional meme coins. He said the token is founded on a clear mission to improve industry standards. In a public post on April 5, he highlighted his previous achievements in fighting, whiskey, and stout, stating that it’s time to change the crypto landscape.
The project developers believe REAL has the potential to influence how cryptocurrency is used in real-life scenarios. The token intends to bring digital assets closer to everyday users by integrating sports, gaming, and entertainment.
Meme coins still attract quick-profit traders
Public doubts about meme coins continue because of notable releases like REAL by McGregor and Trump-family-related tokens. Existing traders from the Nansen research department confirmed field activities in the space, yet they remain brief to capture their profits. He explained that traders are testing meme coins while waiting for more stability in the broader economic environment. With new tariffs affecting markets and over $5 trillion lost in U.S. stocks in two days, meme coins are drawing increased attention.