Slingshot (SLING) Preț

What Is Slingshot (SLING) Crypto?

Slingshot (SLING) is a decentralized gaming ecosystem that empowers communities to fund, vote on, and co-own games, starting with the Roblox platform and expanding into other digital media. As of April 2025, Slingshot’s thriving ecosystem already includes over 3 million monthly active users and 11 launched games.

The platform utilizes blockchain technology, AI-powered analytics, and Web3 infrastructure to streamline game development, integrate decentralized IP ownership, and reward active contributors. With gasless transactions on Arbitrum Layer 3 and an instant bridging mechanism, Slingshot DAO enables seamless participation, making it one of the most accessible and scalable Web3 gaming launchpads in the industry.

The $SLING token serves as the core utility and governance token of Slingshot DAO, allowing users to lock tokens for voting power, influencing which games receive funding and development support. Token holders can earn rewards by voting, submitting game ideas, and participating in DAO governance, with revenue from published games flowing back to the community.

How Does Slingshot DAO Work?

Slingshot operates through a community-driven process that brings game ideas to life:

1. Idea Submission: Developers submit game concepts to the Slingshot platform.
2. Community Voting: $SLING token holders lock their tokens to gain voting power and vote on submitted ideas.
3. Funding and Development: Top-voted ideas receive funding (up to $50,000) and support for development.
4. Revenue Sharing: Revenue from successful games is shared with the community, rewarding contributors and voters.

The $SLING token is the core utility and governance asset within the Slingshot ecosystem, enabling users to actively shape the future of Web3 gaming. By locking their tokens, holders gain voting power to decide which game proposals receive funding.

Community members can also earn SLING tokens through activities like submitting game ideas, participating in votes, and contributing to platform growth. These incentives foster a collaborative environment where developers and supporters are directly rewarded for their engagement. Beyond governance and rewards, SLING token holders benefit from revenue-sharing mechanisms tied to successful game launches.

It leverages AI tools to streamline game creation and enhance user experiences, while also planning to expand beyond Roblox into other major digital platforms. This cross-platform vision, combined with community ownership and blockchain transparency, positions Slingshot as a promising player in the future of decentralized gaming.

When Was Slingshot DAO (SLING) Launched?

Founded in 2022 and headquartered in London, United Kingdom, Slingshot DAO aims to revolutionize the gaming industry by integrating artificial intelligence, blockchain technology, and community-driven development.

The public token launch of $SLING occurred on March 18, 2025, marking a significant milestone in the platform's evolution. This launch introduced a new era of AI-powered game investments, particularly within the Roblox ecosystem, which boasts over 380 million monthly active players.

The platform has garnered support from prominent investors, including Dragonfly Capital, Animoca Brands, Digital Currency Group, and Sfermion, collectively raising over $19 million across multiple funding rounds. Looking ahead, Slingshot DAO plans to expand its AI-powered gaming model beyond Roblox to platforms like Fortnite, with a roadmap highlighting advancements in AI-driven game analytics, automated user acquisition, and enhanced revenue-sharing mechanisms.

What Are the Use Cases of SLING Token?

The $SLING token serves as the cornerstone of the Slingshot DAO ecosystem, offering multiple utilities that empower community participation and governance. Token holders can lock their $SLING tokens to gain voting power, allowing them to influence which game proposals receive funding.

Additionally, participants are rewarded with $SLING tokens for submitting game ideas, voting, and contributing to the development process. Beyond governance, $SLING holders benefit from revenue-sharing mechanisms tied to successful game launches, fostering a collaborative environment where both developers and players can reap the rewards of their contributions.

To trade $SLING tokens on BingX's spot market, users can log in to their BingX account and navigate to the "Spot" section to access the trading page. From there, they can search for the SLING/USDT trading pair, select their preferred order type—such as market or limit order—and execute their trade accordingly. BingX provides a user-friendly interface and comprehensive tutorials to assist both novice and experienced traders in managing their cryptocurrency transactions effectively.

What Is Slingshot DAO Tokenomics?

Slingshot DAO's tokenomics are designed to foster a community-driven gaming ecosystem, with a total supply of 5 billion $SLING tokens deployed on Arbitrum One.

1. DAO Treasury (33.03%): Reserved for ecosystem growth, game funding, grants, and future community initiatives.
2. Early Contributors (23.33%): Allocated to individuals and teams who contributed to the early development of Slingshot DAO.
3. Strategic Partners (14.23%): Includes backers, advisors, and ecosystem partners who provide value beyond capital.
4. Community Incentives (12.82%): Set aside for rewards, airdrops, staking incentives, and other user engagement programs.
5. Liquidity and Market Making (10.00%): Supports exchange listings and ensures sufficient liquidity across trading platforms.
6. Team and Founders (6.59%): Fully locked for 48 months to ensure long-term alignment with the project’s goals.

How Does Slingshot Integrate with Gaming Platforms Like Roblox?

Slingshot DAO integrates with Roblox by offering a community-driven platform that leverages AI and blockchain technology to revolutionize game development and ownership. Developers submit game concepts to Slingshot's monthly showcase, where $SLING token holders vote on the most promising ideas. By integrating with Roblox's vast ecosystem, which boasts over 85 million daily active players, Slingshot enables seamless onboarding for users unfamiliar with Web3 technologies.

Top-voted projects receive funding of up to $50,000 USD, along with tailored support in networking, resources, and distribution to maximize their success. This model not only empowers developers but also ensures that the community shares in the success of the games they support.

The platform's AI-powered game launcher simplifies the development process, allowing for rapid creation and deployment of games. This approach bridges the gap between traditional gaming and decentralized platforms, fostering a new era of player-owned gaming experiences.

Which Blockchain Networks Support Slingshot?

Slingshot DAO's $SLING token operates primarily on the Arbitrum One network, an Ethereum Layer 2 solution known for its scalability and low transaction fees. Additionally, Slingshot has deployed its own Arbitrum Orbit Layer 3 chain, where $SLING functions as the native gas token, facilitating fast and cost-effective transactions within its ecosystem. This multi-layered approach ensures seamless participation and enhances user experience for both Web2 and Web3 users.

How to Earn SLING Tokens on Slingshot DAO

Slingshot DAO offers multiple avenues for participants to earn $SLING tokens by actively engaging in its community-driven gaming ecosystem. Here's how you can accumulate $SLING:

1. Voting in the Slingshot Showcase
By locking your $SLING tokens, you gain voting power to support game ideas in the Slingshot Showcase. Your rewards are proportional to your share of the total deployed voting power in each round. These rewards are distributed over 30 days following the conclusion of the voting round and can be claimed through the Slingshot dApp.

2. Submitting Winning Game Ideas
If you have innovative game concepts, submit them to the Slingshot Showcase. Winning ideas receive substantial rewards, including up to 250,000 $SLING tokens. These tokens are typically vested over a 12-month period to encourage ongoing participation in the ecosystem.

3. Contributing to Game Development
Developers and studios can earn $SLING tokens by bringing winning game ideas to life. While primary compensation is in stablecoins, contributors also receive $SLING bonuses vested over six months post-project completion.

4. Playing GameFactory
Engage with GameFactory, Slingshot’s idle browser game, to earn points that translate into $SLING token rewards. Enhance your earnings by completing daily check-ins, referring friends, and holding Genesis NFTs or partner tokens like $SWORLD.

5. Participating in Airdrops and Community Campaigns
Stay active in Slingshot’s community by joining Discord, participating in quests, and engaging in social media campaigns. These activities often come with opportunities to earn $SLING tokens through airdrops and special events.