Lingo Announces Its Public Token Presale Dates
Lingo, a leading gamified, RWA-powered rewards ecosystem, is elated to announce its upcoming Public Presale, which will launch on June 27th, 2024.
The Public Presale follows the recently concluded Private funding round that raised $12 million with $35 million in oversubscription from investors. The Public Presale round will start on June 27, 2024, at 11 am EST, inviting the crypto community to purchase $LINGO, the native token on the Lingo ecosystem.
Based on Solana and Base networks, Lingo is at the forefront of the Real-World Assets (RWA) movement, which connects crypto assets to real-world use cases. Lingo has created a RWA pool that powers its reward ecosystem. The platform has managed to gather investors with over $3 billion in assets. These key investors include Zerostage Capital, Solidity Ventures, Maven Capital, Morningstar Ventures, and GBV Capital. Strategic investors supporting Lingos vision include Altcoin Daily, Ivan on Tech, Carl The Moon, Miles Deutscher, Brian Jung, and more.
Lingo is the first token designed to leverage real-world assets, crypto, and gamification culture to fuel and disrupt community rewards. Each $LINGO transaction on the platform is reinvested and used to contribute to the RWA pool. Lingo has formed strategic partnerships with top Web3 projects, namely Travala, Magic Eden, and Fizen, to support its tangible rewards system to provide real-world use cases. Link has also partnered with over 3000 brands across 80 countries to build the largest Web3 rewards system. These include Netflix, Spotify, Starbucks, PlayStation and Nike. Notably, holding $LINGO tokens will allow holders to earn points that they can use to claim rewards. Users can potentially stake their $LINGO to win real-life rewards.
The Lingo ecosystem is supported by a strong team of industry experts. The project also receives support from leading advisors Rachel Howes (ex-Managing Director at Booking), Duncan Murray (ex-Black Rock), Adrien Delaroche (Principal Web3 at Google), and Paul Bunting (SMB Director at Microsoft).
Since its launch, Lingo has seen exponential growth in assets and community. The platform now has over 700,000 active users and is growing. Just recently, Lingo launched a SocialFi campaign, Lingo Island, that offered exclusive benefits to participants. The event saw over 8 million tweets and was participated by over 500k users in less than four weeks. Lingo is officially set to launch in Q3 2024.
Users can visit the official Lingo website to participate in the public presale.
Read more: https://zycrypto.com/lingo-announces-its-public-token-presale-dates/
Text source: ZyCrypto
