Paris, France, June 24th, 2024, Chainwire
Lingo, the innovative project aiming to create a token with rewards, is excited to announce its Public Presale. As a cutting-edge gamified rewards ecosystem powered by RWA, Lingo is tailored for the upcoming wave of consumer crypto enthusiasts. Users have the opportunity to stake or quest $LINGO for a chance to win real-world rewards.
Rewarding Ecosystem of Lingo
Lingo’s rewards ecosystem has joined forces with top Web3 projects such as Magic Eden, Travala, and Fizen. This collaboration has resulted in rewards that can be redeemed at over 3,000 brands, including Spotify, Netflix, Starbucks, Nike, and PlayStation, delivering tangible value to its users. This plays a crucial role in overcoming the challenge of mass adoption in the crypto world. By engaging in the Lingo network, users can potentially earn real-world rewards as active participants in the ecosystem.
The RWA Focus
With Lingo investors overseeing assets worth over $3 billion, Lingo aims to be at the forefront of the Real-World Assets (RWA) movement. By utilizing Base and Solana, Lingo harnesses RWA to provide tangible rewards through its innovative ecosystem. As interest in RWA continues to grow, Lingo is well-positioned to lead this sector in the crypto industry.
Operating Mechanism
Lingo introduces a fresh approach to generating community rewards supported by Real World Assets. The platform reinvests platform fees into RWAs, generating consistent value and fostering growth in the rewards pool.
Special Privileges for Lingo Island Participants
Lingo Islands, Lingo’s recent SocialFi campaign that took the crypto Twitter world by storm with over 8 million tweets and half a million participants in under four weeks, offers exclusive benefits. Holders of First Class, Business Class, Priority Pass, and Economy Pass tickets will gain access to special pricing, priority access, and increased chances of receiving rewards.
Details of the Public Presale
Sale Platform:
Official Lingo website https://mylingo.io
Official Announcement:
Lingo’s official X account https://x.com/lingocoins
Launch Date:
June 27, 2024, 11 AM EST, 5 PM CET, 11 PM HK
Community and Network Expansion
Lingo has achieved significant milestones:
Private Round:
$12 million raised, with $35 million in oversubscription
User Base:
700,000 active users
Support:
Google Cloud Web3 Startup Program grant
Global Brand:
$50 million in branding contracts with mainstream celebrities and creators, including Kingsley Coman, Bryan Habana, and P-Square.
The Team Behind Lingo
Lingo’s team consists of industry experts from former Binance, ConsenSys, and Google executives, led by a co-founder who previously founded John-Paul (acquired for $150 million). Lingo advisors include Duncan Murray (ex-Black Rock), Rachel Howes (ex-Managing Director at Booking), Paul Bunting (SMB Director at Microsoft), and Adrien Delaroche (Principal Web3 at Google).
Investors and Partnerships
Lingo has the support of leading investors, including Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, Maven Capital, and more. Strategic investors include prominent figures like Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, Miles Deutscher, and others.
Lingo’s Journey Ahead
Users are invited to join Lingo in revolutionizing mainstream crypto adoption and unlocking real-world rewards. Those interested can stay updated on Lingo’s official channels for more information on participating in the public presale and shaping the future of consumer crypto.
About Lingo
Lingo is a cutting-edge gamified rewards ecosystem powered by RWA, designed to bring real-life rewards to the next wave of consumer crypto enthusiasts. Supported by top-tier investors and advisors, Lingo is set to launch in Q3 2024, aiming to lead the RWA and rewards space with its innovative model.
Links:
Website: mylingo.io
Twitter: x.com/lingocoins
Contact
CEO HM Rawat
Lingo
[email protected]
