What is T-Mac DAO (TMG)?
T-Mac DAO is a Web3 project designed to create an open and non-discriminatory communication environment for fans of basketball player Tracy McGrady. This platform encourages users to engage in activities such as content creation, NFTs development, social gaming, interactive branding, and more. All these activities seek to increase T-Mac's fame, reach, and brand recognition.
The TMG token serves as the governance token within the DAO, which rewards users who participate by creating content or engaging with T-Mac. On the live T-Mac DAO price chart above, you can find the current and the previous TMG price.
The T-Mac DAO crypto asset is built based on the BEP-20 token standard. Since it's a governance token, its holders can vote on proposals submitted to the community.
Additionally, the TMG coin can also be used to bid for NFTs from partnering projects, participate in airdrops, mint rights for NFTs, be eligible for receiving blind boxes, and win tickets for physical T-Mac events.
Lastly, TMG holders can also exchange fan badges using this token.
Who Founded T-Mac DAO?
T-Mac DAO is a project created and owned by the Tracy McGrady fan community. Since it's a community-driven project and a DAO, all pivotal decisions, as well as votes on proposals for the direction of the DAO, are decided by holders of the TMG token.
Recall that you can find the live TMG price on the aforementioned T-Mac DAO price chart.
TMG Tokenomics
TMG has a total supply of 1 billion, with the distribution split into five parts. 20% went for Community Operations, which includes marketing and running the community. Another 20% was set aside for a Community Fund that supports basketball-related causes. Moreover, 10% went to the Core Development of the DAO, 10% to early believers and contributors in the ecosystem, and 40% was allocated to ecological construction.
