Lingo Reveals Public Presale for Its Token
**Paris, France, June 24th, 2024, Chainwire**
**Lingo** is delighted to unveil its Public Presale, marking a significant milestone for this innovative project aiming to create a rewarding token. Positioned as a premier gamified, RWA-driven rewards ecosystem, Lingo is crafted for the forthcoming wave of a billion crypto consumers. Participants can stake or engage in quests with $LINGO for a chance to earn real-life rewards.
**Lingo’s Reward Ecosystem**
Lingo has established partnerships with leading 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, providing genuine value and promoting widespread adoption, one of the primary challenges in crypto. By engaging with the Lingo network, users can potentially earn real-world rewards as both active and passive participants in the ecosystem.
**The RWA Narrative**
Managing over $3 billion in assets, Lingo is at the forefront of the Real-World Assets (RWA) movement. Built on Base and Solana, Lingo utilizes RWA to deliver tangible rewards through its groundbreaking ecosystem. As interest in RWAs grows, Lingo is poised to lead this innovative trend in the crypto industry.
**How It Works**
Lingo introduces a novel model for generating tangible community rewards backed by Real World Assets. The business model reinvests platform fees into RWAs, ensuring consistent value and compound growth in the rewards pool.
**Exclusive Benefits for Lingo Island Participants**
Lingo Islands, a recent SocialFi campaign that went viral on crypto Twitter with over 8 million tweets and half a million participants in under four weeks, offers exclusive perks. Holders of First Class, Business Class, Priority Pass, and Economy Pass tickets gain access to special pricing, priority access, and higher chances of allocation.
**Public Presale Details**
– **Sale Platform:** Official Lingo website
– **Lingo | World’s most rewarding token**
– **Official Announcement:** Lingo’s official X account on x.com
– **Launch Date:** June 27, 2024, at 11 AM EST, 5 PM CET, 11 PM HK
**Community and Network Growth**
Lingo has made significant strides:
– **Private Round:** Raised $12 million with $35 million in oversubscription
– **User Base:** 700,000 active users
– **Support:** Grant from the Google Cloud Web3 Startup Program
– **Global Brand:** $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 veterans from Binance, ConsenSys, and Google, led by a co-founder who previously founded John-Paul, a company acquired for $150 million. Notable advisors include Duncan Murray (ex-BlackRock), Rachel Howes (former Managing Director at Booking), Paul Bunting (SMB Director at Microsoft), and Adrien Delaroche (Principal Web3 at Google).
**Investors and Partners**
Lingo is backed by top investors like Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, Maven Capital, and more. Strategic investors include prominent figures such as Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, and Miles Deutscher.
**Lingo on a Journey**
Join Lingo in transforming mainstream crypto adoption and unlocking 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 cutting-edge gamified, RWA-powered rewards ecosystem designed to deliver real-life rewards for the next billion crypto consumers. Supported by top-tier investors and advisors, Lingo is set to launch in Q3 2024, aiming to lead the RWA and rewards space with its revolutionary model.
**Links:**
– **Website:** [mylingo.io](http://mylingo.io)
– **Twitter:** [x.com/lingocoins](http://x.com/lingocoins)
**Contact:**
– **CEO:** HM Rawat
– **Lingo:** [email protected]
