Conor McGregor Team Refunds Failed Meme Coin Auction, Eyes Relaunch 'Soon'

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Decrypt 1d ago

Conor McGregor Team Refunds Failed Meme Coin Auction, Eyes Relaunch 'Soon' - Decrypt

Quick Summary:

The REAL token raised just $392,000 of the $1M minimum requirement, resulting in an automated refund.

The project intends to relaunch.

The REAL token used a sealed-bid auction mechanism through Axis Finance, designed to optimize price discovery by allowing participants to place private bids at their preferred price points.