According to Golden Finance, Web3 community-driven gaming ecosystem SlingShot DAO announced that it had completed a $16 million financing, with Dragonfly, Animoca Brands, DCG, Sfermion and others participating in the investment. SlingShot DAO also disclosed "$SLING is loading...", or implying that SLING tokens will be issued. SlingShot DAO is a community-driven gaming ecosystem platform where members can collaborate on the SlingShot application to turn ideas into gaming experiences. Previous news, on May 8, 2024, SlingShot DAO officially announced the completion of a new round of financing of US$3 million, with Alphabit Fund participating in the investment.