PRESS RELEASE
Paris, France - June 24th, 2024 - Chainwire
Lingo, the trailblazing project that aims to create a rewarding token, is excited to announce its Public Presale. Lingo is a leading gamified rewards ecosystem powered by Real-World Assets (RWA), designed to cater to the next billion consumers in the crypto world. By staking or questing $LINGO, users have the opportunity to win real-life rewards.
Lingo's Reward Ecosystem
Lingo's rewards ecosystem has formed partnerships with renowned Web3 projects such as Magic Eden, Travala, and Fizen. Through this network, Lingo offers rewards that can be redeemed at over 3,000 brands, including Spotify, Netflix, Starbucks, Nike, and PlayStation, providing tangible value to its users. This is a crucial aspect of achieving mass adoption, which remains one of the main challenges in the crypto industry. By participating in the Lingo network, users can potentially earn real-life rewards as active and passive participants in the ecosystem.
The RWA Narrative
With Lingo investors overseeing more than $3 billion in assets, Lingo aims to be at the forefront of the Real-World Assets (RWA) movement. Leveraging the power of RWA on Base and Solana, Lingo is able to offer tangible rewards through its innovative ecosystem. As interest in RWA continues to grow, Lingo is poised to lead the way in the crypto industry.
How It Works
Lingo introduces a new model that generates tangible rewards for the community with the support of Real-World Assets. The platform reinvests its fees into RWAs, creating consistent value and fostering growth in the rewards pool.
Exclusive Benefits for Lingo Island Participants
Lingo Islands, Lingo's recent SocialFi campaign, went viral on crypto Twitter with over 8 million tweets and half a million participants in less than four weeks. It offers exclusive benefits to ticket holders of First Class, Business Class, Priority Pass, and Economy Pass, including special pricing, priority access, and increased chances of allocation.
Public Presale Details
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 Growth
Lingo has achieved significant traction, including:
- $12 million raised in the private round, with $35 million in oversubscription
- 700,000 active users
- Support from the Google Cloud Web3 Startup Program grant
- $50 million in branding contracts with mainstream celebrities and creators, including Kingsley Coman, Bryan Habana, and P-Square.
The Lingo Team
Lingo's team consists of industry experts, including former executives from Binance, ConsenSys, and Google. It is led by a co-founder who previously founded John-Paul, a company that was acquired for $150 million. Lingo's 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 Partners
Lingo is backed by leading investors such as Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, and Maven Capital. The project has also garnered support from influential figures like Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, Miles Deutscher, and more.
Lingo on a Journey
Users have the opportunity to join Lingo in revolutionizing mainstream crypto adoption and unlocking potential real-world rewards. Stay tuned to Lingo's official channels for more information on how to participate in the public presale and contribute to the future of consumer crypto.
About Lingo
Lingo is a leading gamified rewards ecosystem powered by Real-World Assets (RWA), designed to bring real-life rewards to the next billion consumers in the crypto space. With the support of top-tier investors and advisors, Lingo is scheduled to launch in Q3 2024, aiming to become a leader in the RWA and rewards sector with its groundbreaking model.
Links:
Website: mylingo.io
Twitter: x.com/lingocoins
Contact:
CEO - HM Rawat
Lingo
[email protected]
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