Paris, France, June 24, 2024, Chainwire
Lingo, an novel project to build a rewarding token, is excited to announce its public pre-sale. As a leading gamification and RWA-based rewards ecosystem, Lingo is designed for the next billion-dollar wave of consumer cryptocurrencies. Users can place bets or complete tasks worth $LINGO to potentially win real prizes.
Lingo rewards ecosystem
The Lingo rewards ecosystem has partnered with top Web3 projects such as Magic Eden, Travala and Fizen. The affiliate network resulted in rewards redeemable against over 3,000 brands, including Spotify (NYSE:), Netflix (NASDAQ:), Starbucks (NASDAQ:), Nike (NYSE:) and PlayStation, providing real value to its users. This is a key element of mass adoption and is one of the main challenges in cryptocurrency adoption. By participating in the Lingo network, users can potentially earn real rewards as busy and passive participants in the ecosystem.
RWA narrative
With Lingo investors managing over $3 billion in assets under management, Lingo aims to position itself at the forefront of the Real-World Assets (RWA) movement. Powered by Base and , Lingo leverages RWA to deliver real rewards through its novel ecosystem. As potential interest in RWA grows, Lingo is poised to lead this pioneering industry in the cryptocurrency industry.
How it’s working
Lingo introduces a fresh model for generating real social rewards powered by Real World Assets. The business model reinvests platform fees into risk-weighted assets, creating ongoing value and increasing reward pool growth.
Exclusive benefits for Lingo Island participants
Lingo Islands, a recent SocialFi Lingo campaign that went viral on crypto Twitter with over 8 million tweets and half a million participants in less than four weeks, offers exclusive benefits. First Class, Business Class, Priority Pass and Economy Pass ticket holders will unlock special prices, priority access and increased chances of being allocated.
Public pre-sale details
- Sales platform: Lingo official website https://mylingo.io
- Official announcement: Lingo X official account https://x.com/lingocoins
- Release date: June 27, 2024, 11:00 EST, 17:00 CET, 23:00 HK
Community and network development
Lingo achieved the following traction:
- Private round: $12 million was raised and $35 million was oversubscribed
- User base: 700,000 busy users
- Support: Google (NASDAQ:) Cloud Web3 startup program grant
- World brand: $50 million in branding deals with mainstream stars and creators including Kingsley Coman, Bryan Habana and P-Square.
Lingo Team
The Lingo team is made up of industry experts from former Binance, ConsenSys and Google executives, led by co-founder who previously founded the company John-Paul (acquired for $150 million). Lingo’s advisors include Duncan Murray (former Black Rock), Rachel Howes (former managing director at Booking (NASDAQ:)), Paul Bunting (head of SMB at Microsoft (NASDAQ:)) and Adrien Delaroche (principal of Web3 at Google).
Investors and Partners
Lingo is backed by leading investors including Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, Maven Capital and more. Strategic investors include influential figures such as Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, Miles Deutscher and more.
Lingo on the go
Users can join Lingo in revolutionizing mainstream cryptocurrency adoption and potential real-world rewards. Interested users can follow Lingo’s official channels for more information on how to participate in the public presale and contribute to the future of consumer cryptocurrencies.
About Lingo
Lingo is the leading gamification-based rewards ecosystem, powered by RWA, designed to deliver real-world rewards for the next billion-dollar wave of consumer cryptocurrencies. Backed by top-notch investors and advisors, Lingo is expected to launch in Q3 2024 and aims to lead the RWA and reward the space with its revolutionary model.
Cufflinks:
- Website: mylingo.io
- Twitter: x.com/lingocoins
contactCEOHM RawatJargonhm@lingocoin.io
