@dainyzazz@LamaPays They’re not. Just building hype around their coin so they can rug again and again. It will never release to the Apple Store or on google play. Been promising 1 or 2 hours for days now.
Later today, we’re launching the first phase of the LAMA Share System.
This is the next step in our plan to give the LAMA community direct participation in the company.
Eligible LAMA holders will be able to exchange a defined amount of LAMA for company shares through a fixed conversion mechanism.
For example:
100 LAMA = 1 company share
Once LAMA is submitted for the conversion, those tokens will be locked and the corresponding number of shares will be allocated to the holder.
This will not be a new token, NFT, or reward point. The goal is to connect eligible LAMA holdings directly to real company ownership, with every allocation recorded through the appropriate documentation and legal process.
The first stage will operate as an internal share allocation period.
For the first 30 days, allocated shares will remain inside the system and will not be publicly tradable.
After that 30-day period, we plan to begin the next phase, where eligible shareholders will be able to access a marketplace or transfer system and trade their shares for money, subject to all applicable legal and regulatory requirements.
The process will be simple:
Hold LAMA → convert eligible tokens → LAMA is locked → receive your share allocation → 30-day allocation period → trading phase opens
Later today, we will publish the final conversion ratio, eligibility requirements, documentation process, and full details of how the system will work.
LAMA is building something bigger than a token — a structure where the community can participate directly in the future of the company.