A crypto project linked to Conor McGregor, a former UFC champion, will return funds to investors after failing to raise enough during its token sale.
The team behind the REAL token, Real World Gaming, confirmed that all bids would be refunded in full after the project brought in less than the minimum goal.
The team stated in an April 6 post on X, “We need to be real. We didn’t hit our minimum raise”, and assured that everyone who took part would get their money back.
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McGregor confirmed this by posting on X, saying:
Ladies and gentlemen, this is REAL!
On April 7, an updated post on the Real World Gaming’s X account stated, “All bids have now been returned to wallets”, confirming that refunds were completed.
The presale ran for 28 hours between April 5 and 6 and used a sealed-bid auction format. A total of $392,315 in USD Coin was raised, far below the $1 million minimum and well short of the $3.6 million target. However, according to Real World Gaming’s data, only 668 people participated in the sale.
The sale aimed to distribute 60 million tokens—3% of the total 2 billion supply. Each token had a starting price of $0.06, and the plan valued the full project at $120 million.
Recently, the WOLF token, linked to LIBRA token creator Hayden Davis, surged to a $42 million market cap before crashing by over 99%. How? Read the full story.
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