Lingo announces public pre-sale of its token on Chainwire

Paris, France, June 24, 2024, Chainwire

Lingo, the innovative project seeking to create a rewarding token, is pleased to announce its public pre-sale. As the leading gamified rewards ecosystem powered by RWA, Lingo is designed for the next wave of billion consumer cryptocurrencies. Users can gamble or complete $LINGO quests to potentially earn real-life rewards.

Lingo Rewards Ecosystem

The Lingo rewards ecosystem has partnered with top Web3 projects such as Magic Eden, Travala, and Fizen. The network of partnerships resulted in rewards redeemable for more than 3,000 brands, including Spotify (NYSE:), Netflix (NASDAQ:), Starbucks (NASDAQ:), Nike (NYSE:) and PlayStation, providing tangible value to its users. This is a key element for mass adoption that is among the main challenges in cryptocurrency adoption. By participating in the Lingo network, users can earn real-life rewards as active and passive participants in the ecosystem.

The RWA Narrative

With Lingo investors managing over $3 billion in assets, Lingo aims to position itself at the forefront of the real-world assets (RWA) movement. Building on Base and , Lingo leverages RWA to drive tangible rewards across its innovative ecosystem. As potential interest in RWA increases, Lingo is poised to lead this frontier in the crypto industry.

How does it work

Lingo introduces a new model for generating tangible community rewards backed by Real World Assets. The business model reinvests platform fees into RWA, creating ongoing value and increasing growth in the rewards pool.

Exclusive benefits for Lingo Island participants

Lingo Islands, Lingo's recent SocialFi 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 pricing, priority access and increased allocation opportunities.

Public pre-sale details

Sales Platform: Lingo official website https://mylingo.io
Official announcement: Official Lingo X Account https://x.com/lingocoins
Release date: June 27, 2024, 11am EST, 5pm CET, 11pm HK

Community and network growth

Lingo has achieved the following traction:

Private round: $12 million raised, with $35 million oversubscribed
Base user: 700,000 active users
Support: Google Startup Program Grant (NASDAQ 🙂 Cloud Web3
World brand: $50 million in brand deals with top creators and celebrities, including Kingsley Coman, Bryan Habana and P-Square.

The Jargon Team

The Lingo team is made up of industry experts from former senior executives at Binance, ConsenSys and Google, led by a co-founder who previously founded John-Paul (acquired for $150 million). Lingo's advisors include Duncan Murray (ex-Black Rock), Rachel Howes (ex-CEO of Booking (NASDAQ:)), Paul Bunting (head of SMB at Microsoft (NASDAQ:)), and Adrien Delaroche (principal 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 a trip

Users can join Lingo to revolutionize widespread cryptocurrency adoption and potential real-world rewards. Interested users can stay tuned to Lingo's official channels for more details on how to participate in the public pre-sale and contribute to the future of consumer cryptocurrencies.

About Lingo

Lingo is a leading gamified rewards ecosystem powered by RWA, designed to deliver real-life rewards for the next wave of billion consumer cryptocurrencies. Backed by top-tier investors and advisors, Lingo will launch in Q3 2024, aiming to lead the RWA and rewards space with its revolutionary model.

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