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 OutThe 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 DetailsThe 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_ioTelegram Group: https://t.me/ShibaLotteryOfficialTwitter: https://twitter.com/shibalottery_ioDisclaimer: This article is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only. Readers should do their own research. The Capital is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article. The Capital has received payment in exchange for writing this article.The ShibaLottery Is Gearing Up for Its Presale Event was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.