Lingose (ticker: LING) is a blockchain-native game ID system designed to track users' Web3.0 behavior and issue qualification certificates, helping them build decentralized identity brands. According to the latest data from CryptoComLearn, the total supply of LING is 10 billion, with approximately 6.24 billion in circulation as of May 25, 2026. The token reached an all-time high of $0.02 but has since experienced a significant price decline.
Tokenomics and Dual NFT Model
The Lingose platform operates under a “Double NFT + Lingose Token (LGT) + Governance Token (LING)” economic model. LING serves as the governance token, while LGT is a platform utility token earned by completing campaigns. Users must first acquire an Identity NFT — purchased with LING — to participate in campaigns and earn LGT rewards.
Identity NFTs are divided into five tiers: Rookie, Veteran, Expert, Master, and Artist, each with distinct attributes and rights. Users can only purchase NFTs matching their experience level. Each campaign also requires the consumption of an Energy NFT, which is obtained by spending LGT. This dual-NFT structure ensures that every on-chain action contributes to the user's identity value and brand building.
LGT Utility and Ecosystem Incentives
LGT is used for a wide range of activities:
1. Rewarding users upon completing campaigns;
2. Differentiating between ordinary and professional user zones (Identity NFT holders gain access to professional zones with higher rewards);
3. Game publishers pay a service fee to launch campaigns and reward users in LGT;
4. Users can spend LGT to register for platform-organized competitions;
5. Future features like blind boxes and NFT trading will further burn LGT through service fees.
This layered token flow aims to maintain sustainable circulation of LGT while supporting the value of LING as the governance backbone.
Market Performance and Supply Dynamics
LING's all-time high of $0.02 represents a fully diluted market cap of around $200 million, but the current price is far below that level. With 62.4% of the total supply already circulating, further token releases could exert additional selling pressure. The project has been operational for some time, yet its price performance remains lackluster, highlighting the challenges of the broader GameFi sector.
Risks and Outlook
While Lingose’s vision of linking on-chain game identity to value is compelling, the complexity of its dual-NFT, dual-token model may hinder user adoption. Competition from other GameFi projects and general market downturns pose additional risks. Potential investors should conduct thorough due diligence and monitor official updates regarding partnerships and ecosystem growth.