World

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Paris, France, June 24th, 2024, Chainwire<a href="https://mylingo.io/" rel="noopener noreferrer nofollow">Lingo</a>, the innovative project that seeks to build a rewarding token, is thrilled to announce its Community Pool. As a leading gamified, RWA-powered rewards ecosystem, Lingo is designed for the next billion wave of consumer crypto. Users can stake or quest $LINGO to potentially win real-life rewards.Lingo&#39;s Reward EcosystemLingo&#39;s rewards ecosystem partnered with top Web3 projects like Magic Eden, Travala and Fizen. The partnership network resulted in rewards redeemable for over 3,000 brands, including Spotify, Netflix, Starbucks, Nike, and PlayStation, providing tangible value to its users. This is a key element to mass adoption that is amongst the main challenges in crypto adoption. By participating in the Lingo network, users can potentially earn real-life rewards as active and passive ecosystem participants.The RWA NarrativeWith Lingo investors managing over $3 billion in assets, Lingo aims to be positioned at the forefront of the Real-World Assets (RWA) movement. Building on Base and Solana, Lingo leverages RWA to power tangible rewards through its innovative ecosystem. As potential interest in RWA is on the rise, Lingo is poised to lead this frontier in the crypto industry.How It WorksLingo introduces a new model of generating tangible community rewards supported by Real World Assets. The business model reinvests platform fees into RWAs, creating consistent value and compounding growth in the rewards pool.Exclusive Benefits for Lingo Island ParticipantsLingo 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. Holders of First Class, Business Class, Priority Pass, and Economy Pass tickets will unlock special pricing, priority access and increased chances of allocation.Community Pool Details<ul><li>Sale Platform: Official Lingo website https://mylingo.io</li><li>Official Announcement: Lingo’s official X account <a href="https://x.com/lingocoins" rel="noopener noreferrer nofollow">https://x.com/lingocoins</a></li><li>Launch Date: June 27, 2024, 11 AM EST, 5 PM CET, 11 PM HK</li></ul>Community and Network GrowthLingo has achieved the following traction:<ul><li>Private Round: $12 million raised, with $35 million in oversubscription</li><li>User Base: 700,000 active users</li><li>Support: Google Cloud Web3 Startup Program grant</li><li>Global Brand: $50 million in branding contracts with mainstream celebrities and creators, including Kingsley Coman, Bryan Habana and P-Square.</li></ul>The Lingo TeamLingo’s team comprises industry experts from former Binance, ConsenSys and Google top executives, led by a co-founder who previously founded John-Paul (acquired for $150 million). Lingo 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 PartnersLingo is supported by leading investors, including Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, Maven Capital, and more. Strategic investors include influential figures like Carl The Moon, Altcoin Daily, Ivan on Tech, Brian Jung, Miles Deutscher, and more.Lingo on a JourneyUsers can join Lingo in revolutionizing mainstream crypto 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 community pool and contribute to the future of consumer crypto.About LingoLingo is a leading gamified, RWA-powered rewards ecosystem, designed to bring real-life rewards for the next billion wave of consumer crypto. Backed 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:<ul><li>Website: mylingo.io</li><li>Twitter: x.com/lingocoins</li></ul>ContactCEO HM Rawat Lingo hm&#64;lingocoin.ioDisclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Lingo Announces Community Pool for Its Token (24 Jun)

Chainwire

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