M3M3 is a new memecoin inspired by the (3,3) game theory model, aiming to transform the typical "race to dump" into a "race to stake."
By encouraging community members to stake rather than sell, M3M3 hopes to maximize collective benefits, increase token value, and provide shared rewards. The project is designed to leverage the power of community cooperation, incentivizing holders to work together to grow and sustain the value of the token.
So far so great, the token is sitting at a comfortable 200M market cap. Rewarding over 200,000$ daily for the top 999 stakers.
We need to understand Game theory to indetify why this token is so successful.
Game theory helps us understand how people or groups make decisions, and how those decisions impact each other. It provides a way to predict what could happen when individuals interact and their choices influence one another.
To understand the (3,3) model and memecoins like $M3M3, you first need to understand the classic game theory scenario: the Prisoner's Dilemma.
Imagine two prisoners with two options: confess or stay silent.
The best outcome for both prisoners is if they both stay silent, but fear and lack of trust often lead them to confess, causing a worse outcome for everyone.
This conflict between acting for the collective good versus individual gain is central to game theory—and it’s exactly how memecoins work.
The best outcome in a memecoin would be for everyone to hold and not sell, but there's always the fear that someone else might dump their tokens for a quick profit.
The Olympus DAO was the first project to apply game theory in crypto through the (3,3) model, creating a strategic approach for a community to work together.
The goal was simple: incentivize holders to do what's best for the entire community—STAKE rather than SELL. If everyone stakes, everyone benefits, creating a collective win. 🏆
The (3,3) model works like this:
By turning individual choices into collective benefits, the (3,3) model aims to keep value within the ecosystem and reward long-term holders.
Imagine a memecoin where everyone benefits by working together instead of trying to dump for a quick gain. The (3,3) model creates incentives for holding and growing, flipping the usual race to sell on its head.
Right now, there’s $4 million in $M3M3 rewards available. 💨
It’s all about acting together as a community. By staking, you’re betting on everyone making the same move, making the token stronger for all.
BUT…
This is not a perfect system. It adds complexity to selling decisions, but it won’t prevent everyone from eventually selling. Remember, it's all about timing and aligning with the community’s actions.
Stay aware, stay informed, and always know when it’s time to play your hand.