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.
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. The project was developed in a collaboration with the Real World Gaming decentralized autonomous organization (DAO).
REAL token initial allocation breakdown. Source: Real World Gaming DAO
