Blockchain

Lingo Announces Public Presale for Its Token

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    Paris, France, June 24th, 2024, Chainwire

    Lingo, the innovative project that seeks to build a rewarding token, is thrilled to announce its Public Presale. 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’s Reward Ecosystem

    Lingo’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 Narrative

    With 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 Works

    Lingo 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 Participants

    Lingo 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.

    Public Presale Details

    • Sale Platform: Official Lingo website https://mylingo.io
    • Official Announcement: Lingo’s official X account https://x.com/lingocoins
    • Launch Date: June 27, 2024, 11 AM EST, 5 PM CET, 11 PM HK

    Community and Network Growth

    Lingo has achieved the following traction:

    • Private Round: $12 million raised, with $35 million in oversubscription
    • User Base: 700,000 active users
    • Support: Google Cloud Web3 Startup Program grant
    • 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 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 Partners

    Lingo 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 Journey

    Users 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 public presale and contribute to the future of consumer crypto.

    About Lingo

    Lingo 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:

    • Website: mylingo.io
    • Twitter: x.com/lingocoins

    Contact

    CEO
    HM Rawat
    Lingo
    [email protected]

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    Snutx Invests in the Future: Launching $200 Million Fund to Foster Cryptocurrency Technology Development

    2024-10-03T11:16:09Z

    NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Snutx Venture Capital, the venture capital arm of Snutx Cryptocurrency Exchange, has launched a $200 million funding program targeting core technologies poised to transform the traditional financial sector. This initiative focuses on the cryptocurrency trading market, payment system technologies, and innovative AI startups integrating cryptocurrency and blockchain.

    This substantial investment reflects Snutx's strong confidence in and commitment to the future of financial technology development. By identifying and supporting innovative projects, Snutx aims to catalyze technological revolutions that will accelerate the widespread adoption of cryptocurrency and blockchain technologies. These technologies are increasingly becoming integral to global payment systems and the evolving structures of financial markets.

    Snutx Venture Capital’s investment strategy is centered on discovering and funding enterprises capable of disrupting traditional financial models through technological innovation. Cryptocurrency and blockchain technologies hold tremendous potential for enhancing transaction efficiency, reducing costs, and improving security within the financial system. By investing in these startups, Snutx not only fosters technological advancement but also creates new growth opportunities for its own business and reinforces its market leadership.

    Collaborating with these startups positions Snutx at the forefront of technological innovation and allows it to capitalize on opportunities in emerging markets. This strategic approach not only strengthens the platform's market position but also enhances its competitiveness in the rapidly evolving global fintech landscape.

    Particularly in the field of artificial intelligence, Snutx Venture Capital is keen on solutions that optimize cryptocurrency trading and management processes. These technological integrations aim to provide users with a faster, smarter, and safer service experience, which is crucial in today’s fast-paced digital economy. Investing in transformative technologies aligns with Snutx’s long-term strategic goals and propels significant industrial development.

    These investment activities enhance Snutx's competitiveness in technology innovation and financial services while contributing positively to the long-term growth of the cryptocurrency market. Through this funding initiative, Snutx deepens its market impact and sets new benchmarks for future trends. By investing in cutting-edge cryptocurrency technologies and promising AI startups, Snutx reinforces its capability to deliver a safer, more advanced trading experience. As the market continues to evolve and technology advances, Snutx is poised to maintain its significant influence in the global cryptocurrency and fintech sectors, driving forward innovation and growth.

    CONTACT: Media Contact
Felix Bauer: [email protected]

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