.png){kind=logo}
Shiba Shootout, a new Wild West-themed cryptocurrency project, is blending meme elements with gaming functionality.
The ongoing presale of the SHIBASHOOT token has reached $1.23 million. This is attracting investors interested in early-stage cryptocurrency projects.
Shiba Shootout incorporates the popular Shiba Inu character into a Play-to-Earn (P2E) gaming platform. The game features western-style combat scenarios set in a location called Shiba Gulch.
The game centers around characters Marshal Shiba and the Shiba Sharpshooters, where players participate in combat-based gameplay with token rewards.
The project combines meme-based content with mobile cryptocurrency gaming. Its design incorporates Western themes throughout its ecosystem.
Users can participate in various activities, from meme-based competitions to cryptocurrency poker games.
The platform focuses on community participation beyond token holding, offering various interactive features. The presale phase continues to progress with steady participation.
Early-stage cryptocurrency investors typically seek projects demonstrating community engagement and specific use cases, which are elements present in the Shiba Shootout platform.
The project combines meme-based content, narrative elements, and user participation features, generating interest within cryptocurrency communities.
The platform implements standard features such as staking and referral systems, which has contributed to increased participation.
The presale allocation comprises 35% of the total token supply, allowing early participants to acquire tokens before potential exchange listings.
The rest of the tokens are also allocated as per their planned tokenomics. 20% of the tokens, or 440 million SHIBASHOOT, is set aside for staking.
10% each is kept aside for project funds and liquidity and another 20% of the tokens for marketing purposes. Lastly, 5% of the tokens are kept aside for their Rootin Tootin Shooter fund.
The project includes multiple functionality aspects beyond basic token trading. ShibaShootout has implemented several features designed to enhance token utility.
The platform utilizes a referral system called 'Posse Rewards,' where both referring and referred users receive token bonuses.
A staking mechanism called Cactus Staking enables users to lock tokens for rewards within a themed interface. The staking mechanism is portrayed as a cactus, and the cactus grows as your reward increases.
Currently, over 43 million SHIBASHOOT has been staked by holders. They also offer closes to over 760% in annual yield.
The platform includes a lottery system called 'Lucky Lasso Lottery,' where SHIBASHOOT tokens can be used for prize opportunities with a portion allocated to charitable initiatives.
'Savings Saddlebags' provides automated token locking functionality, where users can secure tokens for predetermined periods while earning additional rewards.
The platform features a community engagement system called Campfire Stories, where users share cryptocurrency-related experiences with token rewards for notable contributions.
These features enable community participation in various ways. Token holders can participate in project decisions through governance mechanisms.
The project development team has outlined plans including decentralized exchange listings, partnership development, and gaming content implementation.
Additional utility features are planned, positioning SHIBASHOOT as both a themed token and community platform.
The presale continues to run, with current pricing potentially attractive to early-stage investors interested in the project's development trajectory.
With the presale having reached $1.23 million and current token pricing at $0.0208, early participation opportunities remain available.
To participate in the Shiba Shootout presale, users need to connect a compatible crypto wallet. The presale interface allows wallet connection through various providers, including Wallet Connect, MetaMask, Best Wallet and Coinbase Wallet.
Users can select their preferred wallet option, complete required setup procedures, and exchange ETH, USDT, or BNB for SHIBASHOOT tokens.
Upon wallet setup and token acquisition, users gain access to platform features and community participation opportunities.
Also, their play to earn wild western combat game is in beta mode and is available for Android devices. They have also announced that web3 app and iOS availability is coming soon.
Check out their ongoing presale and stay updated by following their social media channels.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
