Conor McGregor’s Crypto Token Fails to Launch, Refunds Processed
- The token raised only $392,315 in USDC from 668 bidders.
- It fell short of the $1,008,000 minimum fundraising target.
- All refunds were processed through Ethereum using USDC.
- The presale period lasted 28 hours and ended on a Sunday.
- A “Settle” transaction was deployed at block 22212460.
The crypto token associated with Conor McGregor failed to launch after raising just 39% of its minimum target. Despite using a sealed-bid auction for transparency, the project did not meet its goal, leading to full refunds for all participants.
Source (2.6)https://decrypt.co/313581/conor-mcgregor-refunds-failed-meme-coin-auction-eyes-relaunch?rand=52368