Lingo, a unique crypto project that aims to disrupt the rewards industry, is having the much-anticipated pre-public sale of its native token, LINGO. The token represents a gamified, RWA-powered rewards token for the next billion in Web3.
The LINGO pre-public sale started on June 27, 2024, at 11 AM EST.
This event comes about a month after the launch of LINGO Airdrop Islands, which offers users a gamified experience to get access to LINGO tokens. Made up of five unique islands, Lingo allows users to earn rewards in fun, exciting, and distinctive ways.
It also marks the next major step in building the largest Web3 rewards ecosystem. Leveraging two of the most popular blockchains, Solana and Base, LINGO is the first token that utilizes real-world assets (RWA), gamification, and crypto culture to fuel community rewards.
RWA is one of the leading narratives in the crypto sector that has captured the interest of traditional financial (TradFi) heavyweights like BlackRock, Franklin Templeton, Fidelity, JPMorgan, and many others. Having RWA-backed rewards means Lingo ensures value generation regardless of the market conditions.
Lingo aims to achieve its bold ambitions with the help of its talented team of former top executives of Binance, ConsenSys, and Google, led by a co-founder who previously founded John-Paul. Moreover, the project has the backing of Solidity Ventures, Morningstar Ventures, GBV Capital, Maven Capital, Zero Stage Capital, and strategic investors, including Miles Deutscher, Carl The Moon, Ivan on Tech, Altcoin Daily, Brian Jung, and more.
To further help the platform grow, Lingo had Duncan Murray, former Head of Significant Shareholding at Blackrock, join its advisory board, which counts Paul Bunting (SMB Director at Microsoft) and Adrien Delaroche (Principal Web3 at Google) among its advisors.
"With a remarkable track record of managing the world's largest shareholding disclosures team and pioneering his own Web3 project, Duncan brings world-class RWA expertise to Lingo. His experience and network are helping propel Lingo towards becoming the potential leader in the RWA sector," noted HM Rawat, CEO of Lingo.
Already, the project has partnered with Fizen to make its rewards redeemable at over 3,000 top brands and across 80 countries. It has also collaborated with NFT marketplace Magic Eden and SweatEconomy to make its vision a reality, where real-world assets generate value to reward and strengthen its community. Then there's $50 million in branding contracts with mainstream celebrities, including Kingsley Coman, Bryan Habana, and P-Square.
As the community grows more powerful, so will the real-world assets, leading to a bigger pool to reward the community with consistent and exponential real-world benefits. So far, Lingo's user base has grown to 700,000 active users. At the center of it all is the Lingo token, driving the entire movement forward.
In the coming days, Lingo will have its big moment with its token pre-public sale, offering a massive opportunity to ride the wave of RWA and join the future of gamified rewards early.
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