COMING SOON: A New Way to Earn Passive Income with DeFi in 2025 LEARN MORE

Lingo leads the way in building an RWA-driven crypto rewards ecosystem

Lingo is transforming into the biggest community-based Real-World Asset platform. Its rewards token $LINGO is supported by asset management firms controlling more than $3 billion, and intends to help one billion new crypto users.

Through a unique framework combining RWA assets with gamification principles and crypto culture, every $LINGO platform’s collected fee will contribute to the RWA pool, which allows continuous growth and delivers better rewards for users.

This project has already secured $15 million in funding, surpassing its original goal by becoming the largest oversubscribed Token Generation Event (TGE) on KuCoin in 2024. The digital asset exploded across social media, accumulating more than 15 million mentions in less than six weeks.

Lingo is partnered with world-leading companies.

Lingo works with more than 3,000 global brands to create its ecosystem with leading companies such as Spotify, Netflix, Starbucks, Nike, and IKEA. More than 100,000 hotel partnerships, along with gift card opportunities, allow customers to gain access to rewards in 80 nations by using the Fizen app.

As the crypto market’s biggest RWA community, the platform attracts more than 8 million users and has a daily usage base of 800,000 active individuals.

See also  For Web3 Founders, Self-Funding Means Staying In Control Of Your Destiny

More than 1.5 million wallets have connected to Lingo on the blockchain, and its network maintains $150 million in holdings and supports 180,000 different active wallets each week. 

The platform has 2 million followers and is distributed between X and messaging services Discord and Telegram.

Backed by industry experts and celebrity reach

The software driving Lingo benefits from the knowledge of tech veterans who worked at Google, Microsoft, and blockchain industry firms Binance and ConsenSys. The group that designed Lingo built a successful high-end loyalty business that had been purchased for $150 million before their current venture. 

Its celebrity ambassadors include Ed Sheeran, Ronaldinho, Kingsley Coman, and athletes from UFC, who collectively touch over 200 million followers.

Institutional funders for Lingo feature Tal Cohen from Kraken and Chris Zakhun of DAO Maker, along with Austin and Aaron Arnold from Altcoin Daily.

The upcoming milestone involves Lingo’s flagship product

The platform intends to roll out its Solana deployment, which will improve both scalability and system performance. Important exchange liquidity provisions are being prepared, which promise to improve market accessibility along with trade activity.

Its upcoming flagship product launch will enable Lingo to strengthen its established presence within the cryptocurrency industry. 

The platform aims to grow its presence through a celebrity strategy that uses a collective mainstream audience base totaling 300 million followers. Billion-dollar investment partnerships are being established to deliver crucial support that will propel the project forward.

See also  Flare Hackathon showcases Verifiable AI on Blockchain with Google Cloud Confidential Space

Share link:

Disclaimer. The information provided does not, and is not intended to, constitute financial advice; instead, all information, content, and materials are for general informational purposes only. Information may not constitute the most up-to-date information and readers must do their own due diligence and assume responsibility for their own actions. Links to other third-party websites are only for the convenience of the reader, user or browser; Cryptopolitan and its members do not recommend or endorse contents of the third-party sites.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Subscribe to CryptoPolitan