In yet another enthusiastic moment for cryptocurrency enthusiasts, Slingshot DAO’s $SLING tokens were listed on the KuCoin exchange on March 18, 2025. The tokens started trading on KuCoin at 13:00 UTC on March 18, and token withdrawal was made possible from March 19 at 10)00 UTC. Traders worldwide can trade $SLING tokens on this exchange. The profitable trading pair on the exchange is $SLING/USDT.
This article will give you an insight into the expected price performance of $SLING tokens after it is traded on the exchange and also guide you through the process of purchasing these tokens from the KuCoin exchange.
$SLING Tokenomics and Key Utilities
$SLING tokens power the Slingshot ecosystem and enable users to create and launch their games using AI and blockchain technologies. $SLING tokens power community-centered growth by allowing the token holders to vote for decision-making. The token is built on the Arbitrum One chain and follows the ERC-20 standards.
There is a total supply of 5,000,000,000 tokens, which will be distributed in the following manner to cover different use cases.
| Phase | Purpose | Allocation | Vesting Schedule |
| Seed Phase (Pilot Phase) | Tokens were locked in Polygon voting contracts by early adopters. | 92,142,857 (1.84%) | 2-month cliff, followed by 12-month linear vesting |
| Private Round (Strategic Partner) | community-focused rounds to ensure parity | 200,000,000 (4%) | 2-month cliff, followed by 12-month linear vesting |
| Token Warrants (Long-Term Allies) | Strategic distributions for investors such as Sfermion, DCG, Animoca Brands, and Dragonfly | 711,500,000 (14.23%) | 2-month cliff, followed by 12-month linear vesting |
| KOL & Public Sale (Final Phase) | Reward early NFT holders and Polygon supporters. | 93,333,333 (1.87%) | 33% at TGE33% TGE + 30d33% TGE + 60d |
| Contributing Visionaries (Early Contributing Members) | Rewards those who shaped Slingshot’s vision through development, feedback, and grassroots advocacy. | 1,166,500,000 (23.33%) | 2-month cliff, followed by 12-month linear vesting |
| Founders | —– | 170,000,000 (3.4%) | Fully locked for 48 months |
| Airdrop Campaign | Rewards gameplay, NFT ownership, beta testing, and social engagement. | 65,000,000 (1.3%) | —- |
| Advisors | —– | 100,000,000 (2%) | 2-month cliff, followed by 12-month linear ves |
| Marketing & Ecosystem Growth | Dedicated to $SLING liquidity and market making | 500,000,000 (10.00%) | —— |
| Slingshot DAO Treasury | To power the community DAO treasury | 1,651,523,810 (33.03%) | ——- |
The major utilities of the $SLING tokens are detailed here.
- $SLING tokens can be locked to increase their value. It also enables the users to influence game development and co-own the game library on Roblox.
- Locked $SLING tokens can be used for voting.
- $SLING tokens can be earned as rewards for supporting the games. You can also earn co-ownership of all published games within the Slingshot ecosystem.
- $SLING token holders can participate in DAO governance through voting.
How to Purchase $SLING Tokens?
Now that the $SLING tokens have been listed on the KuCoin exchange, you can directly purchase them from the exchange. To purchase, $SLING tokens you should create an account in the KuCoin exchange. If you already have an account, you can join from it. $SLING/USDT is the most profitable trading pair on the KuCoin exchange. That means you can use USDT as the base pair for transactions and pay the gas fees.
Deposit the required amount of USDT in a wallet and link that wallet to your account on the KuCoin exchange. You can move on to make the purchase directly from the KuCoin exchange by swapping the base currency. The purchase will result in you getting the $SLING tokens in your wallet. You can use your purchase to trade in the market or store it in a cold wallet for safekeeping.
The Bottom Line
$SLING tokens have only started trading on the KuCoin exchange. As this token is only recently listed, we cannot give a clear-cut prediction as to its performance in the future. However, considering its vivid tokenomics and utility cases, you can expect the token to perform well in the market. Stay tuned to the on-chain developments of the $SLING token and make investments accordingly so that you don’t fall prey to issues caused by market volatility.