M

1. Summary

Ranks

Liquidity

-

Developer

-

Social

42

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000468811 0.0%

Market Cap

$0.00 (#10689)

Supply

/

Tags

Ethereum Ecosystem

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Price
52W High price	$0.000002647800
52W High date	6th Mar 2023 (1 year ago)
All Time High (ATH) Date	19th Nov 2024 (3 months ago)
All Time Low (ATL) Date	19th Nov 2024 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$245.00

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Description

Overview

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Overview

The Rug Game is a project aimed at empowering participants to take control of their involvement in the cryptocurrency space, particularly in the context of gaming tokens. This project seeks to mitigate the risks associated with rug pulls by scam developers by creating a platform where participants can engage on their own terms.

Function

The token $M serves as one of the 10 gaming tokens within The Rug Game ecosystem.

Utility

Holding $M entitles the holder to a share of the 1% tax collected from buying and selling all gaming tokens. This tax is triggered after 30-60 days when one of the gaming tokens is considered "rugged" (removed from the game). Each of the 10 gaming tokens is subject to a 4% tax, which is distributed as follows:

• 1% buys and burns CULT tokens
• 1% buys and burns TRG tokens
• 1% of the game token is sent to a burn wallet
• 1% is collected by a contract and held in ETH

Bribe Mechanism

Wallets holding TRG or CULT tokens can offer a bribe to the DAO by sacrificing their tokens. This bribe allows them to allocate points to a gaming token of their choice. The bribe is divided equally, with 50% going to TRG or CULT stakers (dependent on the token offered) and 50% being burned.

Rug Pull Mechanism

A gaming token is declared "rugged" after 30-60 days if it has the least amount of points. This process repeats until only one gaming token remains.

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