@mouz The problem with paper cones isnt so much distance shooting, it is that they blow apart from higher pressures. With a fast valve and more than 200 psi, paper cones will deform at the least, or turn into confetti at worst. I havent tried duct tape around them, so that just might be the ticket.
@josephlys Hot glue sabots work too, in fact they seal better than wood, but they weigh a ton, robbing energy from your dart. Paper mache might be something else to try as well. I've tried using very thick paper cones on darts, they just didnt work. I even reinforced them by saturating them with superglue, still not much better. Check out some of the threads on darts that FighterAce, Boyntonstu, and I have posted, there's a lot of research already done that you can start your own perfect darts from.