Conor McGregor, the former UFC champion, has entered the cryptography scene with the launch of a new memecoin called Real.
Despite the power of the stars behind, Real left slow, fighting to attract the interest of investors in a same market which is still in shock from recent scandals.
The real jeton of Conor McGregor is only $ 218,000
Announced on April 5, McGregor unveiled his plans to disrupt the space of digital assets, saying that he had already changed the fight, whiskey and Stout industries.
“I changed the fighting game. I changed the whiskey game. I changed the Stout game. Now it’s time to change the crypto game. This is only the beginning,” said McGregor on X.
His last decision implies a partnership with the Gaming Real World Dao to launch Real. The token promises to mark the awards and governance rights through a decentralized autonomous organization.
According to the project website, the team opted for a sealed auction model to launch the token, aimed at preventing the manipulation of bots and creating more fair prices.
As part of this system, participants submitted offers using USDC. The bidders selected would receive real tokens according to a compensation price, while those who have not reached the brand would be reimbursed.
“The auction will be open for 28 hours, after which a single compensation price will be determined. The tokens will be locked for 12 hours after the auction near to facilitate a deployment without chain liquidity snipe. The product of the auction will semet this swimming pool and will finance the Treasury Dao,” added the project.
However, the community’s response to the project was disappointing. The team aimed to collect $ 3.6 million, with a minimum threshold of $ 1 million. At the time of the press, the auction collected only $ 218,000, well below expectations.
Several problems seem to feed investors’ hesitations. Critics have called the courtyard of the token, warning that it creates ideal conditions for fast sales.
Others have expressed their concerns concerning the use by the third -party logos project on its site, referring to deceptive promotional tactics.
In addition, community comments on the project were also extremely negative. Many users have labeled tokenomics as defective and accused the team of focusing on short -term overhaul rather than lasting value.
“If you buy a real token, prepare to be thrown away. The Tokenomics is an absolute trash can, and the unlocking cliff lasts only 12 hours. You mainly give your money if you buy this token,” wrote Crypto Rug Muncher.
Meanwhile, the lamentable launch reflects a broader exhaustion in the parts sector, which was shaken by recent scandals involving other tokens supported by celebrities.
The tokens linked to Donald Trump and Melania, for example, experienced strong drops that caused significant losses to investors.
“Parts of celebrities like McGregor’s real and” Trums are toxic to crypto! ” Daucée by media threshing, they lack utility, $ Trump crushed 81%, $ Meania 92%. [tokens] hurt the investors and the reputation of the crypto. We need utility token for real value and growth, ”said Maragkos Petros, the founder of Metadudesx on the X social media platform.
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