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SlingShot DAO, a play-to-earn gaming ecosystem, has raised $16 million in funding, with participation from Dragonfly, among others.

BlockBeats News, March 17th, the Web3 community-driven gaming ecosystem SlingShot DAO announced the completion of a $16 million financing round, with participation from Dragonfly, Animoca Brands, DCG, Sfermion, and others.


SlingShot DAO also revealed "$SLING is loading...", hinting at the issuance of the SLING token. SlingShot DAO is a community-driven gaming ecosystem where members can collaborate through the SlingShot application to turn ideas into gaming experiences.


BlockBeats previously reported that on May 8, 2024, SlingShot DAO officially announced the completion of a $3 million new financing round, with participation from Alphabit Fund.

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The total number of financings last week was 17, an increase from the previous period, with a total amount of approximately US$79.4 million and an average financing amount of US$4.6706 million.
The total number of financings last week was 15, with a total amount of approximately US$126 million and an average financing amount of US$8.4 million.
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