Is Daisy Jones and the Six based on true story?

Daisy Jones and the Six is the show everyone is talking about right now - but is it based on a true story? 
The latest trailer for Daisy Jones & The Six has been released. The new series stars Riley Keough and Sam Claflin.

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Is Daisy Jones and The Six based on a True Story, Is Daisy Jones

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Is Daisy Jones and The Six Based on a True Story? Is Daisy Jones