Paris, France, June 24th, 2024, Chainwire
Exciting news from Lingo, the innovative project aiming to create a rewarding token, as they announce their Public Presale. Lingo, a leading gamified, RWA-powered rewards ecosystem, is tailored for the upcoming wave of consumer crypto enthusiasts. Users have the opportunity to stake or embark on quests with $LINGO for a chance to win real-life rewards.
Lingo’s Reward Ecosystem has formed partnerships with top Web3 projects such as Magic Eden, Travala, and Fizen. This network allows users to redeem rewards from over 3,000 brands, including Spotify, Netflix, Starbucks, Nike, and PlayStation, adding tangible value to the platform. This is a crucial step towards mass adoption, a challenge that the crypto industry faces. By engaging with the Lingo network, users can potentially earn real-life rewards as active participants in the ecosystem.
With Lingo investors managing assets worth over $3 billion, Lingo is aiming to lead the Real-World Assets (RWA) movement. Operating on Base and Solana, Lingo utilizes RWA to facilitate tangible rewards within its innovative ecosystem. As interest in RWA grows, Lingo is on track to become a pioneer in the crypto industry.
Lingo introduces a novel approach to generating community rewards supported by Real World Assets. The platform reinvests platform fees into RWAs, ensuring continuous value creation and growth in the rewards pool.
Exclusive benefits await participants in Lingo Islands, a recent SocialFi campaign that gained viral attention on crypto Twitter with over 8 million tweets and half a million participants in less than four weeks. Holders of First Class, Business Class, Priority Pass, and Economy Pass tickets can enjoy special pricing, priority access, and increased chances of allocation.
Details of the Public Presale are as follows:
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
Lingo has achieved significant milestones, including raising $12 million in the Private Round with $35 million in oversubscription, a user base of 700,000 active users, and receiving support from the Google Cloud Web3 Startup Program grant. Additionally, Lingo has secured $50 million in branding contracts with mainstream celebrities and creators like Kingsley Coman, Bryan Habana, and P-Square.
The Lingo 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). Advisors include prominent figures like Duncan Murray, Rachel Howes, Paul Bunting, and Adrien Delaroche.
Supported by leading investors such as Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, and Maven Capital, as well as strategic investors like Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, and Miles Deutscher, Lingo is on a journey to revolutionize mainstream crypto adoption and offer potential real-world rewards. Stay tuned to Lingo’s official channels for more information on participating in the public presale and contributing to the future of consumer crypto.
About Lingo:
Lingo is a top gamified, RWA-powered rewards ecosystem, focused on bringing real-life rewards to the next wave of consumer crypto enthusiasts. Backed 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]
