Conor McGregor’s Real World Gaming (RWG) project saw its $REAL token presale fall short of its ambitious target. Only 668 investors participated in the auction, raising a meager $392,315 – far below the required $1 million goal. The resulting shortfall necessitates full refunds for all participants. 60 million REAL tokens were offered during the presale, representing just 3% of the total supply, and aimed to raise a fully diluted valuation of $120 million. The lackluster response is attributed to market volatility, declining memecoin interest, and skepticism surrounding celebrity-endorsed projects. Despite promises linking the token to McGregor’s brand, and collaborations with established Web3 firms, investor confidence remained elusive. The presale launch coincided with a period of bearish sentiment in both crypto and traditional markets, further impacting participation rates. RWG’s failure echoes a wider trend of waning interest in celebrity-backed cryptocurrency ventures as investors scrutinize token utility and project transparency. Refunds are now being issued for all presale participants.