What is a Lambumiz?
IPO
Lambumiz is a relatively new term in the financial world, it refers to a type of initial public offering (IPO) in which a company sells shares to the public for the first time. Unlike traditional IPOs, Lambumiz IPOs are conducted through a blockchain-based platform that automates and streamlines the process.
The company seeking to raise capital announces its intention to conduct a Lambumiz IPO, setting the terms of the offering, including the number of shares to be sold, the price per share, and the date of the offering.
Interested investors can then use their cryptocurrency wallets to purchase shares in the company during a designated offering period.
Shares
The shares are then distributed to the investors' wallets, and the company gains access to the capital raised. This process eliminates the need for intermediaries, such as investment banks, and reduces the time and costs associated with traditional IPOs.
Lambumiz IPOs are still in their early stages of development and adoption, but they have the potential to revolutionize the way companies raise capital and open up new investment opportunities for individual investors.