Conor McGregor, renowned Irish UFC fighter, has opted to return funds to his investors after his REAL token launch did not go as planned. This step distinguishes him from other celebrities who have neglected their investors.
Launch of REAL Token and Its Failure
McGregor recently announced the launch of the REAL token in collaboration with Real World Gaming. The token was marketed as a game-changer, merging the realms of cryptocurrency and UFC fandom. However, only $340,000 was raised within 28 hours, well below its minimum target of $1 million and a total goal of $3.6 million. Despite facing ridicule from the crypto community, McGregor and his team chose to prioritize their investors.
Refunding Investors
Instead of pocketing the raised funds, McGregor decided to return the money to all investors. All bids were refunded to wallets, distinguishing this approach from many celebrity-backed projects that left investors empty-handed. The Real World Gaming team tweeted, "All bids have now been returned to wallets. We're gonna go get some sleep. Stay real."
Future of REAL Token
McGregor's closing statement, which included, "This is not the end," suggests that the team intends to continue its efforts in creating the token. While their next steps remain uncertain, they are clearly unwilling to give up.
Conor McGregor's decision to refund investors highlights his commitment to integrity and responsibility. This action could encourage other celebrities to reconsider their positions in the cryptocurrency space.
