Basic concept is we have 24 hour raffle period each month. The project is sanctioned by the creators and **only** people that own SHIB can participate. (for morons this requires people to commit and be a part of the SHIB community further gaining support for SHIB)
We can buy SHIB raffle tickets at $5 per ticket and that goes out into the market and buys $5 worth of SHIB coins at market price. Set a maximum number of raffle tickets worth up to 2 trillion of SHIB coins.
At the end of the 24 hour period top 3 winners are chosen. Prizes are 1st- 65% 2nd- 25% and 3rd- 10%
But first, before any coins are given to the winners, 50% of the tokens are sent to burn wallet. Potentially up to 1 trillion coins burned after the raffle. The remainder distributed to those holding the winning numbers.
Personally, I would play this every month and enjoy the community engagement. It gives people an opportunity to win while also burns the excess coin supply. Could set a cap on this, but ultimately this provides a much needed confidence booster to the community regarding coin supply and market cap while also utilizing the wildly engaged SHIB community
I guarantee that if we collectively push this concept into reality then we are going to see unbelievable opportunities and gains. Not to mention all the other great things surrounding this coin network. This is the way forward and I cannot stress this enough.
submitted by /u/hoborg5450
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