SlingShot DAO
Community-driven platform for game development, offering revenue sharing and ownership to creators and ideators.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $16.0m | Early VC | |
| Total Funding | 000k | ||
SlingshotDAO operates as a community-driven platform that facilitates the development and launch of games. It serves a diverse range of clients including game creators, ideators, and gamers. The company operates in the gaming and blockchain market, leveraging decentralized autonomous organization (DAO) principles to ensure community ownership and revenue sharing. The business model revolves around rewarding participants with cash bonuses and SLING tokens, an ERC-20 token used for utility and governance within the platform. SlingshotDAO makes money through game revenue, which is shared among creators, ideators, and the community. The platform has over 60,000 daily active users and is expanding rapidly, especially with its recent move to the Arbitrum blockchain to enhance scalability and speed. The community retains full ownership of intellectual property and revenue, ensuring that all participants are the primary beneficiaries of the platform's success and growth.
Keywords: community-driven, game development, revenue sharing, SLING tokens, DAO, blockchain, Arbitrum, intellectual property, gaming ecosystem, decentralized.