SLOT BOT (SBOT) 

A Next-Generation ERC-20 Token
with Exciting Buy Reward Mechanism

Every buy of SLOT tokens generates a string of values on chain, the bot in our Telegram chat reads this information and reveals a string of emojis in the chat. If a user’s purchase triggers a winning combination they receive a multiplier on their purchase for example x2, x10 or x100 of the initial value that they purchased for

INTRODUCTION

The cryptocurrency market is continuously evolving, and as it does, traditional methods of engaging users can become stale. To address this issue, Slot Bot introduces a thrilling and interactive approach that combines the best aspects of buy contests and buy bots, offering users the chance to win exciting jackpots with every purchase of SBOT tokens. The whitepaper outlines the features, functionality, and vision behind Slot Bot’s ecosystem.

Slot Bot (SLOT) is an ERC-20 token built on the Ethereum blockchain, featuring a sophisticated slot machine-style reward mechanism. Every buy of SLOT tokens generates a string of values on chain, the bot in our Telegram chat reads this information and reveals a string of emojis in the chat. If a user’s purchase triggers a winning combination they receive a multiplier on their purchase for example x2, x10 or x100 of the initial value that they purchased for

Permissionless, Anonymous, and Decentralized

Slot Bot is available for use worldwide, with no restrictions based on region or locale.

The platform is completely decentralized and operates on the Ethereum blockchain, ensuring that anyone can use Slot Bot without requiring any centralized authority or third-party intervention.

Trustless and Simple Mechanism

Slot Bot operates on a trustless and straightforward smart contract system. Payouts within the Slot Bot ecosystem are guaranteed, secure, and fully automated. The prizes are directly allocated from the prize pool wallet to the winners' wallets without the need for any intermediaries. This decentralized approach ensures transparency, reliability, and fairness for all participants.

TOKENOMICS

The native currency of the Slot Bot ecosystem is the SBOT token. Prizes range from $500USD to the jackpot size, which grows with every buy that doesn’t win. The tokenomics of SBOT are designed as follows:

100 %
BUY TAX

To give buying incentive we’ve decided to forego buy taxes entirely, enabling the best odds at winning for all players. 

100 %
BUY TAX

0.5 for raffle
4.5 for slotbot
5% for development,
& marketing

The Jackbot Raffle Mechanism​

SlotBot’s unique raffle mechanism, “Jackbot!”, makes it so that even if you don’t win immediately, it doesn’t mean you don’t get a second chance to score some moolah. A portion of the taxes ( ADD HOW MUCH, 1%, 0.5%? ) on sales of SlotBot are moved into a special raffle winnings pot, where they pile up for 24 hours.

Every 24 hours, at exactly 12:00 EST ( 18:00 CET ) the entire Jackbot! pot is given to a random SlotBot holder that haspurchased the token and held onto it for 24 hours. The winner is chosen at random, using a  certified, verifiable, and reputable RNG algorithm. Depending on the daily volume of SlotBot, the total Jackbot! tally will vary in size.

 You can watch the live draw of the Jackbot! winner on the SlotBot Twitter every day at 12:00 EST. Remember, the more wallets you get in throughout the day, the higher chances of winning both the regular prizes, as well as the raffle.

Our Core Values​

Transparency, equality, and limitless opportunities are the core values of Slot Bot. The platform prioritizes user enjoyment and engagement while ensuring that every transaction, including buys, sells, prizes, and payouts, is fully auditable. By upholding these values, Slot Bot aims to create a strong and positive community where everyone has a chance to be a winner.

Vision

Slot Bot aims to revolutionize the existing landscape of "Buy bots" and "Buy Contests" by combining and enhancing both concepts.
The primary vision is to provide a fun, engaging, and rewarding platform for communities, increasing revenue for projects while giving back to the token holders.

Mission

Slot Bot's mission is to offer a product that not only enhances revenue for projects but also provides fair and exciting opportunities for token holders to win rewards.
The goal is to continually improve and develop the Slot Bot ecosystem, making it a sought-after utility for various projects and their communities.

SLOTBOT TECH

To expand its utility and reach, Slot Bot introduces SlotBotTech.  SBT allows other projects and communities to rent Slot Bot for a nominal fee of xxETH per month/week etc. The rental revenue is used to benefit the SBOT token by funding buy backs, feeding the jackpot, and providing liquidity.

SBT brings instant utility to projects that may still be developing their ecosystems, keeping their communities engaged and entertained. It ensures transparent and fair use of Slot Bot, with the primary control functions residing in the hands of Slot Bot’s developers. SBT is a separate dApp that will can be used with any ERC-20 token.

SlotBot

SlotBot is committed to offering a fair and transparent gaming experience. The Random Number Generator (RNG) used to determine winnings operates independently and is not under the control of the SlotBot team. Users are advised to only invest money they are prepared to lose. SlotBot encourages responsible gaming and advocates setting limits to ensure a positive and enjoyable experience. All content, trademarks, and intellectual property related to SlotBot and its ecosystem are the sole property of SlotBot and its owners. Unauthorized use or reproduction of the SlotBot brand or materials is strictly prohibited.