$M is an Ethereum-based ERC20 token of The Rug Game. There are 10 game tokens which spell out - The Rug Game: $T, $H, $E, $R, $U, $G, $G*, $A, $M, and $E*.
By holding $M, one is entitled to a share of the 1% tax that is collected by the buying/selling of the all gaming tokens after 30-60 days when one of the gaming tokens rugs (as long as it's not $M) All of the 10 gaming tokens have a 4% tax. 1% buys and burns CULT, 1% which buys & burns TRG, 1% game token sent to burn wallet & 1% which is collected by a contract & held in ETH. Any wallet that holds TRG or CULT can offer a bribe to the DAO. If a wallet sacrifices their TRG or CULT, they can allocate that amount of “points” to a game token of their choosing. 50% of the bribe is then paid to TRG or CULT stakers dependent on token offered whilst 50% is burned. A gaming token is rugged after 30-60 days if it has the least amount of points. This process repeats until there is only one gaming token left.