Categories: Press Release

The ShibaLottery Is Gearing Up for Its Presale Event

ShibaLottery, a pioneering blockchain-based prize game on BSC, is delighted to announce that it has filled its private sale and is now gearing up for the presale event.

On their official Telegram channel, the team shared they had hit a soft cap of 200 BNB and a hard cap of 400 BNB. The project will be offering $SLOT at a presale rate of 996,483 $SLOT per BNB, with the minimum contribution set at 0.1 BNB and the maximum capped at 2 BNB.

$SLOT, the project’s native token, serves as a ticket that allows the user to enter a draw to win daily and weekly prizes. The more tokens a user holds, the higher their chances of winning and growing their wallet balance. The coin holder also earns an early ticket to join the platform’s upcoming play-to-earn game, NFT and metaverse.

Shiba Lottery revolutionizes prize games by mixing the “prize saving accounts” and “no loss lottery” mechanisms. This approach allows the platform to attract a new audience and reward anyone holding $SLOT with $SHIB tokens on a lottery-based system.

Why the ShibaLottery System Stands Out

The blockchain-based prize game is unique in that it offers a lottery system in which users simply have to hold $SLOT to win $SHIB daily and weekly. Smart contracts randomly pick 13 tickets that are rewarded with varying percentages of the total lottery prize pool. 

This win-win scenario is made possible by the Shiba Lottery tokenomics, which deducts a 10% tax from each buy and sell transaction. 2% tax goes into growing the total prize of the daily pool, while the rest goes to a fund that invests in a trusted third party that brings in sustainable returns for investors.

All the profits are channeled back to the total prize pool every week, allowing the pot to grow constantly. To guarantee transparency and foster community engagement, the Shiba Lottery team is developing a DAO that will govern how the fund is invested in the future.

PreSale Details

The Shiba Lottery protocol will offer 40% of its 1 billion $SLOT supply to investors during its upcoming presale event. A further 25.48% goes into adding to the liquidity on PancakeSwap. A portion of the remaining tokens will be used to incentivize and grow the community via community contests and airdrops.

8% will go to the dev wallet to finance the development and marketing of the project with a long roadmap ahead. These tokens will be locked for 80 weeks, unlocking 0.1% per week to protect investors from a rug pull.

The project backers have also subjected their smart contract to a KYC and smart contract audit by InterFiNetwork to reassure investors that the token is safe. Users can buy, sell or send the native coin by connecting their Metamask wallet and swapping BNB for $SLOT on PancakeSwap.

Stay connected to the ShibaLottery community and get your Shiba on by following the pages below:

Homepage: Click Here

Telegram Channel: Click Here

Telegram Group: Click Here

Twitter: Click Here

Morris

Morris is a Technology enthusiast and a writer by night. He has been a part of eTrendy Stock for quite some time and he contributes knowledgeable news articles from the Technology niche. He attended a technical school in Florida.

Recent Posts

AI Agent Tokens Surge Amid Whale Accumulation and Binance Buzz

AI tokens have started recording notable price gains following increased investor interest. CoinGecko data showed…

5 hours ago

Fishat Prepares for $FHAT Presale on January 10 with Solidproof Audit and KYC

Novo mesto, Slovenia, 10th January 2025, ZEX PR WIRE, Fishat, a community-centric memecoin built on…

16 hours ago

Fetch.ai Launches Global AI Startup Accelerator With $10M Innovation Fund

Fetch.ai has launched its startup accelerator program to support early-stage AI and emerging technology startups,…

17 hours ago

Base Saw Over $750 Million Netflows Over Past Month, Nearly Doubling Solana’s Capital Inflow

Coinbase’s Ethereum layer-2 scaling solution Base has, over the last 30-day period,d seen total net…

1 day ago

KAPSEL The cryptocurrency transforming access to drinking water

Can a simple token really change the world? For millions of people struggling daily to…

1 day ago

Revolutionizing Photo Editing with AI-driven Algorithms: Leawo’s PhotoIns V4 Offers One-Click Photo Perfection

Shenzhen, China, 9th January 2025, ZEX PR WIRE, Leawo Software is proud to release PhotoIns V4, a…

2 days ago