Connect with us

Press Release

The ShibaLottery Is Gearing Up for Its Presale Event

Published

on

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: https://shibalottery.io/

Telegram Channel: https://t.me/shibalottery_io

Telegram Group: https://t.me/ShibaLotteryOfficial

Twitter: https://twitter.com/shibalottery_io

Straight from the source: A company announcement in its own words — visit them to learn more.
Continue Reading
Advertisement
Advertisement
Advertisement Submit
Press Release1 day ago

ETHRA AI Reports Strong Early Momentum as Stage 1 Presale Reaches 11% Completion

Business2 days ago

Understanding Comparative Negligence in Jacksonville Personal Injury Cases

Press Release5 days ago

LiquidWhales Goes Live: The First Hyperliquid Whale Tracker That Grades Every Wallet Net of Fees — and Lets You Copy the Winners in One Click

Press Release2 weeks ago

SolForger Launches as a Non-Custodial Solana Developer Platform for Builders, Creators, and On-Chain Projects

Press Release4 weeks ago

Securing the Future: Jayen Consulting Officially Migrates to a New Digital Domain

Press Release4 weeks ago

Focusing on Compliance, Truoux Advances MAS License Application

Press Release4 weeks ago

Truoux Advances UK FCA License Application, Deepens Compliance Strategic Layout

Press Release1 month ago

Truoux Optimizes Risk Control and AML Systems, Accelerating the RMO and DAX License Application Process

Press Release1 month ago

Rovum Builds Momentum in On-Chain Settlement Markets

Home & Family1 month ago

Is Professional Mold Testing Worth It?

small shipping boxes
E-Commerce1 month ago

Why Small Shipping Boxes Are Becoming the Default for 25-unit Trial Runs

Legal News1 month ago

Radio Ads and Personal Spending: Where Prosecutors Allege the Dynamic Money Millions Went

Legal News1 month ago

The $34 Million Deception: Where the Guam Charity Bingo Money Really Went

Celeste White
Environment2 months ago

Celeste White’s Influence on Sustainable Agricultural Practices in Napa Valley

Darren Anthony Robinson
Legal News2 months ago

Inside the 12-Count Federal Indictment Against Fugitive Darren Anthony Robinson

Advertisement
Advertisement

Trending News