Innovative Token Project Announcement

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


Lingo, a project focused on developing a rewarding token, is excited to reveal its Public Presale. Positioned as a gamified, RWA-powered rewards ecosystem, Lingo caters to the upcoming wave of consumer crypto enthusiasts. Users have the opportunity to stake or quest $LINGO for a chance to acquire real-life rewards.

Lingo's Reward Ecosystem

Lingo's rewards ecosystem has formed partnerships with leading Web3 projects such as Magic Eden, Travala, and Fizen. These collaborations have enabled users to redeem rewards from a vast selection of over 3,000 brands, including big names like Spotify, Netflix, Starbucks, Nike, and PlayStation. This ability to access tangible rewards adds significant value to the platform, addressing one of the major hurdles in crypto adoption. Participants in the Lingo network stand a chance to earn real-life rewards by actively engaging in the ecosystem.

The RWA Narrative

Backed by investors overseeing assets worth over $3 billion, Lingo is striving to be a pioneer in the Real-World Assets (RWA) movement. By leveraging Base and Solana, Lingo employs RWA to facilitate tangible rewards within its innovative ecosystem. Given the rising interest in RWA, Lingo is poised to lead this sector within the crypto industry.

Operating Mechanism

Lingo introduces a fresh model for generating community rewards tied to Real World Assets. The platform reinvests its collected fees into RWAs, ensuring continuous value creation and growth within the rewards pool.

Exclusive Benefits for Lingo Island Participants

Lingo Islands, Lingo's recent SocialFi initiative, gained widespread attention on crypto platforms with over 8 million tweets and half a million participants in less than a month. Holders of First Class, Business Class, Priority Pass, and Economy Pass tickets enjoy exclusive perks such as special pricing, priority access, and enhanced allocation chances.

Public Presale Information

  • Sale Platform: Official Lingo website
  • Official Announcement: Lingo's official X account
  • Launch Date: June 27, 2024, 11 AM EST, 5 PM CET, 11 PM HK

Community and Network Growth

Lingo has achieved impressive milestones: - Private Round: Raised $12 million with oversubscription reaching $35 million - User Base: Boasts 700,000 active users - Support: Received a grant from the Google Cloud Web3 Startup Program - Global Brand: Secured $50 million in branding contracts with mainstream celebrities and creators like Kingsley Coman, Bryan Habana, and P-Square.

The Lingo Team

Comprised of seasoned professionals from former Binance, ConsenSys, and Google executives, Lingo's team is spearheaded by a co-founder with a successful history, having previously founded John-Paul (acquired for $150 million). Notable advisors include Duncan Murray (ex-Black Rock), Rachel Howes (former Managing Director at Booking), Paul Bunting (SMB Director at Microsoft), and Adrien Delaroche (Principal Web3 at Google).

Investors and Partners

Lingo enjoys support from prominent investors such as Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, Maven Capital, among others. Strategic backers include influential figures like Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, Miles Deutscher, and more.

Lingo's Journey

Join Lingo in reshaping mainstream crypto adoption and exploring potential real-world rewards. Stay connected to Lingo's official channels for updates on participating in the public presale and contributing to the evolution of consumer crypto.

About Lingo

Lingo is a dynamic gamified, RWA-powered rewards ecosystem, aimed at offering real-life perks to the upcoming wave of consumer crypto enthusiasts. Supported by top-tier investors and advisors, Lingo is gearing up for launch in Q3 2024, with a vision to lead the RWA and rewards domain with its innovative approach.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

user avatarMiguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

user avatarLuis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.

user avatarArif Mukhtar

MARA Holdings Transfers 1,000 BTC to Exchanges Amid Market Scrutiny

MARA Holdings has transferred approximately 1,000 BTC to Binance and Gate over the past five days, raising questions about its treasury movements.

user avatarDavid Robinson

CryptoBilis Case Exposes Vulnerabilities in Hardware Wallets

The CryptoBilis case reveals vulnerabilities in hardware wallets, leading to $90 million in losses due to tampered devices.

user avatarMaria Gutierrez

California Reaches $500,000 Settlement with Fidelity Over Crypto Withdrawal Restrictions

California has reached a $500,000 settlement with Fidelity Digital Asset Services regarding restrictions on crypto withdrawals.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.