Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Saturday, May 31
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Web3 Startup Lingo Transforming Travel And Vacations
News

Web3 Startup Lingo Transforming Travel And Vacations

With Lingo, real estate yields a community-driven compounding model that fuels the vacation rewards program.
Arun ShakyawarBy Arun ShakyawarNovember 15, 2022Updated:November 15, 2022No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Lingo Transforming Travel And Vacations
Hassam Moussa Rawat, CEO of Lingo Coin
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Key Takeaways

  • Mass blockchain adoption is still hindered by the fact that many people find the technology too complicated to understand.
  • In addition, the industry can be deemed as risky and volatile by many, especially after the collapse of FTX last week. Lingo is backed by real estate assets that cushion the risk element often linked with web3 startups.
  • With Lingo, real estate yields a community-driven compounding model that fuels the vacation rewards program.
  • Vacation rewards are airdropped every month to Lingo users.

Web3 startup Lingo is shaking up the travel industry by rewarding its community with vacations. It leverages blockchain technology and real estate assets to send people on vacation. The startup has already gained substantial celebrity interest (over 100 brand ambassadors) and has raised some capital to develop further.

Mass blockchain adoption is still hindered by the fact that many people find the technology too complicated to understand and risky, and that it lacks utility in the real world.

While there historically was great upside potential for those who were willing to take on the risk of investing in web3 projects and tokens, the reality is that most people are not yet ready to tolerate extreme volatility and risk in that space.

Lingo addresses the risk element by backing its model with real estate, and uses blockchain technology to compound the assets over time. While this unique model can be a great mechanism to tamper volatility and risk, its main objective is to provide a real utility to people in real life: vacation rewards. 

Existing loyalty programs often require users to accumulate a substantial amount of points or miles before they can redeem free stays. As a result, it can take years for people to save up enough points to enjoy a free vacation.

Lingo flips the script by distributing its real estate yields to its holders in the form of vacation rewards. This approach has several advantages. First, it is easy to understand. Second, it is safer, as real estate collateral cushions the downside risk without pegging the token to its value, which still allows exposure to the upside potential. And finally, in comparison with existing loyalty programs, Lingo’s vacation rewards utility can send people on vacation within a month, without spending years accumulating hotel loyalty points.

Lingo’s vacation rewards program is unrivaled in the industry. With 100 percent of real estate net yields fueling the incentivization mechanism instead of the tiny fractions offered by traditional rewards programs, Lingo’s vacation value proposition is incomparable. 

Hassam Moussa Rawat, CEO of Lingo Coin, said:

“Imagine an ever-growing portfolio of real estate – properties around the world that are generating cash flow for one purpose only – sending people on vacation.”

Lingo has managed to sign partnerships with over 100 celebrities and web3 experts combining over 300 million followers. This is possibly one of the greatest teams of brand ambassadors assembled in the industry.

“Lingo is a paradigm-changing attempt to fundamentally redefine the way people afford vacations,” added Rawat.

Read Also: Travala.com, Expedia Revolutionizing Travel Industry with Blockchain and Cryptocurrency

Blockchain Technology Lingo Coin Travel Vacation Web 3.0 Web3 Startup
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Arun Shakyawar
  • Website
  • X (Twitter)
  • LinkedIn

Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

More AlexaBlockchain

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

May 30, 2025

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

May 28, 2025

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

May 27, 2025

Taurus, Parfin to Build Institutional Digital Asset Infra Across Europe and LatAm

May 27, 2025

WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole

May 23, 2025

Sir Patrick Stewart, DeLorean Team Up Ahead of Its On-chain EV Marketplace Launch

May 22, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.